//Gigzi set to tackle Hyper-volatility of cryptocurrency

Gigzi set to tackle Hyper-volatility of cryptocurrency

Price fluctuation of cryptocurrencies undermine their ability to function as a stand-alone currency [see graphs below]. Such volatility, both micro- and macro-fluctuations, make it difficult to price goods and services, and therefore limit the use of cryptocurrency for trade. Because of this, current practice uses an on-the spot exchange rate to price goods in fiat money whilst using cryptocurrency as the payment method.https://www.gigzi.com

Price fluctuation of cryptocurrencies undermine their ability to function as a stand-alone currency [see graphs below]. Such volatility, both micro- and macro-fluctuations, make it difficult to price goods and services, and therefore limit the use of cryptocurrency for trade. Because of this, current practice uses an on-the spot exchange rate to price goods in fiat money whilst using cryptocurrency as the payment method.

https://www.gigzi.com