/biz/ - Business & Finance

>>58128890
>how does a deflationary wide-adopted decentralized asset is supposed to be a terrible SOV again?
Because it does wild shit that has nothing to do with inflation.
>it will get more stable eventually
Bitcoin cultists have been calling for decreased volatility for the last 3 cycles and it hasn't materialized. I honestly don't know what the use case for Bitcoin is in cryptocurrency. Fungibility and high mining cost makes it DoA as a cash substitute, and AML laws kill its supposed censorship resilience. You could say pure crypto collateral, but Etherium seems more practical because it has utility and pays dividends of a sort.
>big tech stocks have a lot of volatility yet the general consensus is that it is an excellent hedge against inflation
The general consensus is rich cunts telling you what to think. Show us on a chart where NDQ correlates to money supply or price inflation.
>the widespread adoption of btc that is happening right here right now before your very eyes
As a non-custodial speculative instrument.