Will people still use or buy bitcoin till today if all it has to offer is the decentralized characteristic only, I am trying to say that if bitcoin is stable in value from day one and has no investment ability will you still buy it?
if all it has to offer is moving money around and no volatility, will Bitcoin be your favorite still? Drop your thoughts and let's see.
I am thinking that the Volatile is what makes bitcoin a must have for almost everybody, think I am wrong?
And people won't see a reason to buy Bitcoin if there were no Volatility from day one.
At present, most of the people buy bitcoin because of it is being utilized as a store of value.
The price keeps changing, increasing over the long term which makes people to actually HOLD it for a longer term.
IF bitcoin was somehow stable, which it cannot be since it is decentralized, then people would still buy it and make transactions but just that they won't be holding it for longer terms.
They would be using it for day to day transactions which is the real motive why bitcoin was actually created.