Post
Topic
Board Economics
Re: Would crypto gain full intrinsic value?
by
jaberwock
on 28/10/2021, 15:40:46 UTC
This is the edge fiat and centralized currencies have over crypto and this has made so many shy away from doing legal business transaction using some crypto most especially during bear market. Can this issue get a remedy?
Do you refer that being less volatile means getting to the state of full intrinsic value? Probably it is a kind of economic perspective, that I never come across or never got chances to think that way. Unfortunately I believe cryptos may not get full intrinsic value in near future as I am not expecting less volatile for them.

Yes, when only less than 10% of world population is using cryptocurrencies so far when it goes into more people then volatility will persist. Moreover, there are unimageable whales are into this ecosystem and their manipulation will take more time to lose its power. So, I am not seeing bitcoin to remain less volatile in near future.