1.5% volatility is considered unstable?
As compared to the JPY at .95% volatility or BRL at 1.1%.
I don't think he meant price stability (and I definitely didn't).
And, again, this isn't about whether BTC (development, the industry around it, etc) is
objectively unstable or not, but rather, whether it is perceived as such, and whether (some) believe there should be a hedge.