Recently, the Bitcoin rate seems to be fluctuating wildly again.

Every day, I would get a pop-up message on my phone.

Recently, the rate had been going down, but with the "Amazon's official adoption" story, it went up again and I just saw the news that "Amazon denies the report".

It would be fine if it were only a local currency, but Bitcoin is, after all, internationally circulated.

But as a rule, no one can govern bitcon (well, I recently learned the reality of a wildly popular "hard fork").

In fact, Bitcoin is useless as a payment currency (except for dark side operations).

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There is a "history" of nations adjusting the amount of money in circulation, conducting necessary diplomacy, and even going to war if necessary, in order to protect the value of their currency.

So I am wondering that what the "country that adopted Bitcoin as legal tender (El Sadbadr)" is thinking"

They say it's for "remittance purposes for foreign migrants," but no matter how you look at it, I just don't see how the citizens of a country that doesn't have the power to have its own currency and uses the U.S. dollar as the de facto legal tender can be trusted with Bitcoin.

In the first place, a currency that fluctuates wildly depending on whether or not it is adopted by a single EC company based on a single comment by some CTO is difficult to use as a currency, and in fact, there are almost no places in Japan where it can be used.

To begin with, one of the purposes of currency is "to be able to buy food today at the same price tomorrow.

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I don't care if the bitcoin rate is 1 BTC = 100 yen, 1 million yen, or 10 million yen.

I just hope that soon the value of Bitcoin as a speculative currency will disappear and it can be used as a stable currency.

It would be great if Bitcoin could gain credibility and stabilize rates by being adopted by a huge platformer like Amazon.

However, as long as I see the rate against legal tender doubling or halving depending on the news -- frankly, I think it's 'not worth talking about'.