There are various reasons for using Bitcoin now but the reason it was created is as an electronic Cash for making online payments (based on its Whitepaper). Bitcoin works well as a means of payment but the volatility is still something. So I have been wondering why bitcoin was not created as a Stable coin?
I think the whole concept behind creating bitcoin as a volatile and decentralized currency was that no one can actually dictate the outcome of it. Bitcoin not been stable has really made the technology stand out from every financial currency, with bitcoin can actually say that the value of their coins still remain same as inflation doesn't affect it and no government can actually control as you are the sole owners of your own coins. Bitcoin has been really helpful to mankind especially to people who have been enslaved by the so called fiat currency of the banks.