Post
Topic
Board Economics
Re: Can Bitcoin Volatility Be Controlled?
by
jmseigneur
on 15/11/2017, 07:21:23 UTC
Volatility in any asset cannot be 'controlled'
So Bitcoin volatility cannot be controlled but in the future it should become more stable. Fiat currencies have a much longer history and even some of them are quite unstable and sometimes crash see Venezuela money recently. Diversifying in different fiat currencies is a way to mitigate volatility. Of course, if one Satoshi Nakamoto wants to crash the Bitcoin then given its million of coins it may well do so ;-)