But have you looked with the possibility that even if Bitcoin would be accepted to more countries, the demand won't be as big as with iur expectations?
But I am sure that the demand would be way bigger than the demand right now. After all, we are talking about global acceptance.
Like at the present to counteies wherein it is already accepted; many people are still not engaging because they are simply worried with their welath in relation to market price volatility.
But isn't the price volatility one of the reasons why Bitcoin become a sensational topic for investors and traders? If the hindrance as country's restriction is lifted, I am sure more and more people will come to trade Bitcoin.
And I somehow agree, in terms of businesses and payments. As long as the prices of your products are fiat based, there won't be an aquity between price and capital because profit would be conditional. Think of buying a $5 pants in btc. If your capital is $3 in fiat (assuming that you bought it thru fiat), and you are planning to sell it in btc for $5. If there is a bullish trend market value won't be stationary, it could either be loss or profit. And same thing goes with the ideology of doubt towards using this technology in businesses.
The volatility of the price in relation to business establishment had long been solved. Converting Bitcoin real-time will remove the worry you are stating. And in the given scenario of this thread, I believe fiat currency and Bitcoin will work for hand in hand here.
