Subnostr

Replying to https://twitter.com/btcPashka/status/1525259737218048000:

@btcPashka I think you are missing the point. Bitcoin's price volatility will drastically reduce as more people adopt it, because it will take far more buying/selling pressure to move the price. However, its value as compared with other goods will also always continue to go up.

Reply to this note

Please Login to reply.

Discussion

Dikaios1517 3y ago

@btcPashka As long as we are still on a fiat standard, we will track this increase in value in terms of a fiat price, and because fiat itself is not stable either, the nominal price of Bitcoin will fluctuate based on its own increasing value, and because of fiat inflation.