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Why Cryptocurrency Volatility Makes It Unusable for Real-World Commerce — and How Mutual Credit Offers an Alternative

By

By Cameron Burgess

2d ago· 9 min readenInsight

Summary

This article argues that most cryptocurrencies function primarily as speculative bets rather than usable money for real-world commerce. Using Steam's failed experiment with Bitcoin as a case study, it highlights how cryptocurrency volatility makes it impractical for everyday transactions. The piece then introduces HoloFuel's mutual credit system as an alternative — a stable, utility-backed currency designed for actual economic exchange rather than speculation.

Source

Twitter / XWhy Cryptocurrency Volatility Makes It Unusable for Real-World Commerce — and How Mutual Credit Offers an Alternativeholo.host

Key quotes

· 3 pulled
Most cryptocurrency is money you bet on. People need money they can use.
In April of 2016, Steam - a digitally native, technically sophisticated business - announced that consumers could use Bitcoin for game and in-app purchases on their platform. That experiment came to a halt less than two years later.
As of today, Steam will no longer support Bitcoin as a payment method on our platform due to
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An exploration of why cryptocurrency volatility hinders real-world commerce and how HoloFuel's mutual credit system offers a stable, utility-backed alternative.

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