“Bitcoin’s price is too volatile” is a funny statement.
Yes. Of course it is when you measure it in fiat.
The weight of a 5kg bag of potatoes will be volatile too if gravity changed rules every time you weighed the bag.
The bag itself didn’t change.
The unit you measure it with is not fixed.
I just learned about the Impossible Trinity, and understand better why the price of bitcoin is volatile.
Free capital flow ✅
Sovereign monetary policy ✅
Fixed exchange rate ❌
You cant have all 3.
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