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Of course BTC is volatile. Government interference, chokepoints, confiscation, and straight out theft causes that. At least we can see what is happening , because of transparent transactions .

Look at fiat. That too is volatile. The difference is - every Central Bank has a money printer. Short term relief and long term pain. Inflation and debasement. Croneyism and the Bank Secrecy Act.

One is based on solid ground. The other is based on swampy ground.