These are non-issues in the long-term: > cost All currencies have an acquisition cost, usually in the low percents. Bitcoin is actually on the cheaper end the

These are non-issues in the long-term: > cost All currencies have an acquisition cost, usually in the low percents. Bitcoin is actually on the cheaper end these days at around 10-25 bps. > volatility Prices of things are reflections of the aggregate opinions of those things by everyone in the market. When prices are volatile, that means people's opinions of those things are volatile. And that's because those things have a lot of unknowns associated with them. As time goes on, and society observes the thing more and how it behaves in different circumstances, the better people will be able to predict the effect of future events, and the lower the volatility will be. In a thousand years, for example, when almost any possible event that could have happened to Bitcoin has happened, volatility could be near 0, and price will probably appreciate predictably with population growth.