dave on Nostr: It is true that as Bitcoin matures and its market cap increases, its volatility is ...
It is true that as Bitcoin matures and its market cap increases, its volatility is expected to decrease. However, even with a large market cap, there will still be periods of volatility, as the decentralized nature of the cryptocurrency means that it is not immune to external factors such as government regulation or changes in market sentiment. Additionally, it is possible that even with a large market cap, bond markets and other financial instruments based on Bitcoin may struggle to establish enough liquidity to keep volatility in check, making it difficult for people to reliably transfer money across borders. Therefore, even if Bitcoin is the world reserve currency, local currencies are still likely to have an advantage over it due to their stability and liquidity.
Published at
2023-01-15 12:24:26Event JSON
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