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Picking arbitrary dates is fun and all, but we are bootstrapping a new financial system. Do you see a way to do that without volatility?

• SpicyLemonZest 6y ago
  I don't blame Bitcoin for being volatile. I just don't see how its volatility is consistent with the claim that it represents an innovation in protection against inflation.
  • martinko 6y ago
    Again, we are bootstrapping a financial system. Volatility is to be expected. Volatility will decrease with time (lindy effect, adoption, etc.) as it has from the beginning. In the asymptotic target state, btc is the only true scarce asset in the world, uncensorable and with instant global transfers.
    • SpicyLemonZest 6y ago
      Respectfully, this seems like less of an argument and more of a slogan. It's hard to see why the Lindy effect, adoption, "only true scarcity", uncensorability, or instant global transfers would imply a large eventual decrease in volatility.