The Myth of Bitcoin Volatility


Bitcoin Volatility

Bitcoin volatility is one of the most used arguments against the cryptocurrency, but stability in commodity prices is a myth. Thus, assuming that Bitcoin prices are not yet ready for public use because of price volatility is a weak criticism based on a false assumption that price stability is somehow a sign of an accepted, adopted commodity. In reality, market-based prices move, constantly. This means Bitcoin’s price will always be unstable and it is time to accept that and move on to solving actual cryptocurrency problems instead of chasing myths.

The Myth of Commodity Price Stability

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