Post
Topic
Board Bitcoin Discussion
Re: I have always wanted to ask this about bitcoin
by
uneng
on 16/02/2023, 17:31:07 UTC
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 bitcoin is stable in value, it still means it has an advantage compared to fiat currencies, which lose value on long term to inflation, right? So, bitcoin has more than decentralization to offer in your example.

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.
Investors like bitcoin's volatility because it proportionates high financial returns every cycle. We don't know exactly how many people would lose interest in btc if it became more stable, but there would be still many enthusiasts dealing with bitcoin on that case, due to the fact you are always under control of your money when dealing with bitcoin in a private way, making it impossible for regulators seizing it, besides it being a strong, accessible and simple store of value for your funds.