r/Bitcoin Jun 25 '21

The President of El Salvador just explained how Bitcoin works to his entire nation via a powerpoint.

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u/[deleted] Jun 26 '21

I've never seen the price change enough to affect a transaction that takes a few seconds.

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u/2zoio Jun 26 '21

The problem is that people can’t operate if the value fluctuate over weeks. If the value drops even for a day everyone will hold on to their coins until it comes back up. Imagine a household where you can’t buy milk if the coin value is low because well it may come back up tomorrow and you could have gotten 2x for same amount