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These are the most basic features of Bitcoin. It owns some characteristics of gold and advantages that gold does not have and is the best choice for super-sovereign currency. Maybe someone would say that the price of Bitcoin is very volatile, not suitable to be the international reserve and settlement currency. As I see it, this counts on the current stage of Bitcoin. It is still in the earliest stage of Bitcoin's development, far from reaching global consensus. In one to two decades, when the price of Bitcoin reaches 1 million or even 10 million dollars, the overall market value of Bitcoin can completely cover the economic behavior of the entire world, then its price will tend to be stable. At that time, a new currency system centered on Bitcoin will be formally established. That is the necessity for human civilization to forge ahead and on one can resist.
I'm interested to discuss this gotten out of your note you have made
So do you think that bitcoin volatility is caused because it is yet to get to it maximum supply? Or that because it is in early stages? Sorry I don't think so. For example with Fiat, you see the banks regulate the financial system through the government issuing policies. You can see that an agency is taking responsibility and controls what happens with Fiat, who gets what against how much you request to withdraw. Banks creates limit to the amount an individual can withdraw at a time and for the day, likewise the institutions. Or why do you also think that ATMS limit how much for daily withdrawal, all these are regulation that ensures stability and control but, who controls or regulates how much bitcoin you can transfer to the next wallet? The exchanges are gradually coming into regulation (except that happens successfully) like what binance has done to limit withdrawal from 2btc to 0.06 for incomplete account verification.
I think regulation is part of what can reduce volatility, bitcoin is decentralized and that makes total regulation impossible I think.