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21 June 2021

Jan Tore Sanner: BTC Could Accomplish a Lot if It Wasn't So Volatile | Live Bitcoin News

Jan Tore Sanner: BTC Could Accomplish a Lot if It Wasn't So Volatile | Live Bitcoin News


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We are seeing that now like we have a thousand times before, and this volatility has caused many problems for bitcoin, but per Norway’s finance minister Jan Tore Sanner, this volatility may ultimately disappear in the coming future.

The store does not transfer that BTC into fiat right away and thus something happens that cause the price of bitcoin to fall, and your $50 now turns into $30.

Jan Tore Sanner revealed in a recent interview that due to the constant price swings, bitcoin is not ready to be utilized as a payment currency.

However, Sanner was also quick to suggest that volatility could ultimately become a thing of the past once bitcoin becomes a mature asset.

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