It’s getting closer to its true value. Volatility gradually decreases the higher its value. If you filter out the crashes of early adopters cashing out. Once t

It’s getting closer to its true value. Volatility gradually decreases the higher its value. If you filter out the crashes of early adopters cashing out. Once the final cycle of 10-100x followed by a crash has complete then I think a more interesting period for Bitcoin can begin. That’s where mass adoption starts to become more viable. Bitcoin is the tcp/ip stack, lightning is http, the exciting part is really yet to come. If the web and all the innovation that arose came about because of programmatic decentralised information transfer, then I’m interested to see what can occur with programmatic value transfer. In the 90s a lot of people couldn’t be convinced of the benefit of communicating with people on the internet but many of these same people are convinced enough to use social media now. But it couldn’t occur until the network effects were present. I’m excited to find out what that equivalent paradigm shift looks like. Of course mass adoption may never happen, and I won’t spend my time trying to convince people that it will or how it could. But I do see price approaching a true valuation and reaching stability as a prerequisite for it being truly useful.