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Do you think volatility will be the same 10 years from now? 20 years? If so, why? I think volatility will down as volume and scale increase.
by doggosphere 6y ago
Do you think volatility will be the same 10 years from now? 20 years?
If so, why? I think volatility will down as volume and scale increase.
- JacobSuperslav 6y agoi think there's a high chance it will be worse ie. some competitor tech crushing bitcoin's value entirely in 10 years
- thrashh 6y agoI think the fact that no one controls Bitcoin is actually a major downside. The Fed does a lot of work to keep USD stable (alongside being part of a a stable government). I trust the USD as long as I trust in the institution.
- doggosphere 6y agoEveryone trusts their government when things are going good. When you stop trusting the USD/central bank, what will you turn to?
- pjc50 6y agoI don't think there are good reasons to use bitcoin, and I think much of the existing interest is a demand for volatility, in the same way as people are piling into GameStop.