• makeasnek@lemmy.ml
    link
    fedilink
    English
    arrow-up
    0
    ·
    5 months ago

    It is. Lightning transactions confirm in under a second, you can sell those instantly via an exchange. The price is not that unstable and already more stable than many national currencies. You can guarantee that they receive the same amount of BTC.

    • AVincentInSpace@pawb.social
      link
      fedilink
      English
      arrow-up
      0
      ·
      edit-2
      5 months ago

      I don’t care about amount of BTC, I care about amount of dollars. It may also surprise you to learn that I don’t care about countries where the currency is so unstable that a currency that can double in value in the space of a few months has it beat.

      If bitcoin is going to become usable as a currency, even in niche circles, it has two problems to solve: energy use (three quarters of a megawatt hour per transaction, according to Forbes!) and conversion stability. I don’t want keeping money in my wallet to be a high risk investment.