Most everyday consumers are wary of Bitcoin because its price has turned out to be quite volatile. While this statement is true for the most part, Bitcoin is far from the only currency in existence that is suffering from a volatile price. Nearly every fiat currency, precious metal, digital asset, or anything issued by a bank or government is constantly fluctuating in price as well. Anyone in the world can openly track the Bitcoin price, and see which part of the world is influencing it.
Make sure to read: ABN Amro’s Arjan van Os: “Bitcoin is Ancient History To Us.”