Replying to Avatar やトナ

Bitcoin isn’t volatile, fiat is volatile which is why the fiat price of bitcoin looks volatile. As money shifts from fiat to bitcoin, the fiat denominated volatility will decrease.

And yes, you have to understand that it will be worth more, which forces you to spend wisely instead of being gluttonous.
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riz 2y ago

Lolwut

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The Daniel 🖖 2y ago

Bitcoin has a regular and predictable issuance schedule. The only volatility is how it’s traded against other assets measured by other assets.

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Rosalia 2y ago

Quantity of bitcoin is one thing.

Purchasing power of bitcoin is another. The value of bitcoin in dollars is another.

Volatility, by definition, measures changes in asset prices. In order to determine these asset prices you need to have metrics of relative value.

If you measure bitcoin in bitcoin, you can’t measure volatility.

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riz 2y ago

Lolwut