I read some criticism around Bitcoin, because is too volatile, but this is the reason for the success of this crypto ( and others), imo
Also, why do you need a stable coin ? If you can't pay with Bitcoin for you coffe, who cares ? I mean, it is just like gold, you don't walk around paying with gold, but you know it has value.
I just can't see a clear disadvantage on being too volatile, something that could make ppl loose interest on Bitcoin. I would like to hear opinions on that.
If you can't see the criticisms that surround bitcoin volatility by comparing it with gold being so worthwhile, it means you will be limiting the potential of bitcoin to just be a store of value but bitcoin goes beyond that as it can go a little step further from gold which is in addition to being store of value, it can be a measurement of value and that is where those who criticise bitcoin have a good point.
Today gold is limited to selected people who have the means to own it and most times countries which means that it means for selected few but that is what bitcoin came to disprove. A lot of people don't have gold including me but more people have bitcoin and its because of the decentralisation. The moment volatility is settled not for price to be constant but to a large extent, then acceptance would be then be massive which would be could for the entire market.