fiat
The price in fiat is too volatile.
It is too hard/expensive to exchange fiat for bitcoins.
It is too hard/expensive to exchange bitcoins for fiat.
Governments regulating the process of going back and forth from fiat to bitcoin.
Merchants driving down the price by immediately converting their bitcoins to fiat.
Fraud on the fiat/bitcoin exchanges.
Miners are cashing out their bitcoins for fiat to pay for electricity.
Can you think of any solutions to this problem?
The underlying core issue here is how the coin gets distributed. Early adopters own a large chuck which is true.
Bitcoin mining is reserved for the elite and they can do 'almost' whatever they want which causes all the issue with volatility. It would be different if everyone gets the chance to get involve in mining and get a piece of the daily take.
And to tackle the issue here may not be easy as it involves changing the whole operating concept and coding...
So if i were you, just accept the fact