HOW CAN YOU BUY AND SELL THINGS? YOU WOULD HAVE TO CHANGE YOUR PRICES IN YOUR STORE EVERY DAY...!!
It would be easier if you are just basing it on Bitcoins price and not having a fixed BTC price for an item.
For example, if you were selling the laptop for $500 USD at this time, the price of BTC is around $8700ish~, it would be 0.0576~ Once you receive the BTC, convert it immediately to fiat. If that's what you are worried about. If the price of BTC is $4000 it would be 0.125. It's still $500 but you have more BTC with it.
I think that's what's great with the volatility, it's somewhat going to be a gamble. If you support BTC, support it, if not, don't be a crybabygangsta
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I support Cryptocurrency NO DOUBT! But I believe Cryptocurrency should be cheap for everyone to use! Stable to put in your wallet!
Not to buy Bitcoin then convert it to USD!
We are trying to get away from USD and government back money. More towards just using Peoples money(cryptocurrency) to buy and sell NOT CONVERT! That makes no sense. your treating it like a stock and not currency!
All fiat money, yeah there are times government fiat can fluctuate wildly but still is average mostly stable.
But all Fiat Money Direction is down to 0.00 once after created.(look at USD graph after took OFF gold standard) I don't understand why everyone thinks Bitcoin is going up forever!
Fiat don't work like that unless back by Gold. Gold makes it stable but goes up against all other currencies cause gold never fluctuates ONLY fiat currencies do!
The average Joe can't afford a bitcoin and put his savings into that wildly fluctuates. So person can get off the Fake FED money or government back money.
That is the whole point of Crypto
Everybody I know doesn't own a single Bitcoin!!! But just trades it Via GBTC, BTC(fund) that tracks it so they don't really own the coin itself.
Its like investing in (ETF) GLD to buy GOLD but you will never own real gold that way(that also makes no sense)
So being said and about Bitcoins Idea when no one is actually holding the coins in wallets and buying stuff whats its meant for. (everyone I know just trades the Fund on stock market. It makes no sense.
Thats why SATOSHI NAKAMOTO needs to come Out and Fix his/her, whomever the creator of Bitcoin Problem and have it affordable not a Gamble. SATOSHI NAKAMOTO should back Bitcoin by gold to stabilize it now
Average person cant even afford to mine 1 bitcoin so SATOSHI NAKAMOTO needs to fix that and stop hiding or come back from the DEAD!SHOUTING AT PEOPLE won't chance the situation also you have a lot to learn about bitcoin after reading your post's Satoshi will never come back most of the community have accepted this and I highly doubt bitcoin would become backed by gold you do know that you can accept bitcoin and convert to stable coin where you exposure to price volatility is reduced if you are a store.
There are many solutions available now if you just scratch the surface. I think if you had put as much effort into researching the questions your asking you could have found the answers yourself.
On mining it's been quite some time since the "average person" moved out of the mining game though you need to keep in mind that every 10 min 12.5 Bitcoins are created and someone on the network will mine them.
You can forget Satoshi coming back with a "Hey guys I bought a shit load of gold we're now backed" that will never happen Bitcoin is sovereign we don't need gold we have hashing and cryptography to secure the system.
Price discovery is always a brutal process for asset bitcoin is no different.