With the high level of volatility and constant fluctuation in market capitalization on crypto currencies would there ever come a time we would trade crypto based on the value it has in it's self and not in exchange for fiat currency. Many countries has now adopted crypto as mode of payment but we are still faced with the issues of price irregularities. If we decide to adopt crypto fully as a global legal tender how do we deal with this price fluctuation.
Does crypto really to have a "full intrinsic value" that you are talking about? I don't see any issue with crypto being traded and valued in fiat currency. The volatility isn't because of this. As more people start using and accepting bitcoin, the less volatile it will eventually become. We can't deal with the price fluctuation. No one controls this fluctuation. Just give it few more years (or even decades) and you will see that the price isn't as volatile as it is.
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?
You mean the volatility is making business not accept crypto? Well then they can use crypto gateways that will instantly convert their crypto to fiat currency.