Using Bitcoin to Buy Milk
An episode of the Zero Fox Left podcast, hosted by Fox McKenna, titled "Using Bitcoin to Buy Milk" was published on March 21, 2021 and runs 15 minutes.
March 21, 2021 ·15m · Zero Fox Left
0:00 / 0:00
Summary
Would buying milk for .0000574632 one minute and then .000058892 the next minute be easier than buying it for $2.5 consistently? The answer is obvious and this is just one reason why Bitcoin and crypto currency isn't used as a currency. They are traded like commodities and highly volatile. So why call them currencies? Bitcoin will be discussed again with Zero Fox Left 🦊
Episode Description
Would buying milk for .0000574632 one minute and then .000058892 the next minute be easier than buying it for $2.5 consistently? The answer is obvious and this is just one reason why Bitcoin and crypto currency isn't used as a currency. They are traded like commodities and highly volatile. So why call them currencies? Bitcoin will be discussed again with Zero Fox Left 🦊
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