Post
Topic
Board Economics
Re: Would crypto gain full intrinsic value?
by
RealMalatesta
on 31/10/2021, 07:07:50 UTC
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.
Yeah, OP is referring that being lesser volatile means cryptocurrencies will hit main stream adoption. I agree with that conception still I personally do not need and I am not seeing the possibilities for that to happen for next 50 to 80 years of time frame. Yeah, bitcoin and most other cryptocurrencies will remain volatile for prolong period from here and which may get into stable state only most world population adapt and use on day to day life along with bitcoin gets all its supply into circulation. As of now, it is time to enjoy the volatile nature cryptocurrencies because our next generations definitely cannot get a such big opportunity.