Note that in a way, this is a best case scenario, at least if it happens early. Extra volatility in the crypto coin market disincentivizes hoarding. So while i

Note that in a way, this is a best case scenario, at least if it happens early. Extra volatility in the crypto coin market disincentivizes hoarding. So while it might hurt specific companies that over do it, it may prevent an economy wide gridlock where all companies are hoarding coins instead of investing in real production. In a way, volatility caused by corrections is a natural cure for the bad Nash equilibrium. It's when the correction mechanism stops happening that things can build up into dangerous situations. That's why when governments tried to stabilize gold in the 1930s, preventing it from naturally correcting into a volatile asset, it caused the great depression.