I think promoting Bitcoin stability is partly a matter of avoiding the Alcoin crisis, major changes in cryptocurrency activity, high inflation and excessive volatility, and the Alcoin market. Volatility can increase uncertainty, hinder investment, hinder growth in Alcocent.
What is your opinion?
On the other hand, volatility can make the market more exciting right?
Investors will become more excited to invest in it because they believe that volatility will give profits to them. Yes, there's a risk, but all investments have risks.
Promote Bitcoin stability? Bitcoin will never become stable, and FYI, those so-called stablecoins aren't stable as well so what do you expect with Bitcoin? There are some investors out there who see Bitcoin as an asset, and that alone is a good reason why it will never become stable. I mean all assets go up, and down right? That's what makes people rich, but makes them poor as well.
Nevertheless, Bitcoin stability will never happen because it isn't designed to be like that.
Some people think Bitcoin will never be stable, which could be true. But isnt stability just a matter of view? If Bitcoin really takes off in the future, we might look at gold and say, "Wow, thats way too unstable compared to Bitcoin!" The idea of stability is relative. We talk about Bitcoin in terms of the dollar right now, but who knows if that wont change? In any case, there was a time when people thought paper money was way too unstable compared to gold.
Supporting Bitcoin means believing in its potential to change financial standards, not merely accepting its current condition. Even though its crazy right now, isnt that part of its appeal? Bitcoin is volatile, but thats not a bad thing; its just a sign that the system is still figuring out where it fits in the world. One day, we might just be laughing about how we used to think Bitcoin was the unstable one.
