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npoc | 2 months ago
As it matures and gets close to it's ultimate value, volatility will naturally reduce.
Once it is used as the unit of account, everything else will fluctuate in value relative to bitcoin, which has more stable fundamentals than anything else on earth (fixed/zero issuance, liquidity etc), but this will be decades in the future when it's dollar value will be 8 or 9 figures in today's money
immibis|2 months ago
Yeah, so that can't happen unless it's used for actual trade more than it's hoarded, which can't happen unless it's inflationary.
npoc|2 months ago