But I don’t think many people are actually using Bitcoin itself as a tradable thing everyone is doing dollar conversion in their head and then using BTC as an intermediary. Then getting back out of BTC. In that case the price volatility is a risk. Or they are holding on speculation of future price increases and not using BTC as a medium of exchange. I think once price stabilizes (eventually) then people will have a price expectation and it can function like money pending appropriate tax treatment, Then a network effect will take place directly with the currency.

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