The argument that Bitcoin's volatility specifically negates its value as a store of value is clearly false as well. Stocks and commodities and their futures (as well as the effective interest rates of some bonds) are highly volatile. The mantra is that you accept their risk in exchange for growth. Fine. But volatile Bitcoin has growth potential too -- lots of growth potential. Both Bitcoin and Ethereum, as systems of decentralized, immutable, economical, sustainable, and perfectly legal data-registration means that everyone will become their own notary public. The implications for intellectual property protection are arguably beyond what we can now imagine.
Underlying all of Bitcoin's volatility is an unchanging protocol that is proven to work -- and expected to grow.
This volatility can be seen negatively of positively, depends on the person seeing and intention to say negative or positive. Volatility can be utilized to collect more profit for scalper, but it is not to be worried to the long term trader or investor as this bitcoin or crypto principally will grow as the supply is limited.