Christmas dinner conversation:

Relative: You can’t keep all your money in Bitcoin. It’s way too volatile.

Me: It’s not volatile at all. If I own 1 Bitcoin, I own 1⁄21 million of all the Bitcoin that will ever exist. That doesn’t change.

Relative: But the price has dropped a lot lately. You must be paying much more for things now.

Me: True—I pay about 30% more compared to the peak. But I also earned about 30% more Bitcoin from my December salary than I did in September.

Perspective matters. Bitcoin is volatile in fiat terms—not in supply.