In conclusion, the level of people's trust in fiat from ancient times to very low. People are willing to work hard to earn fiat currency and convert into this type of investment.
People had confidence and were willing to receive fiat in exchange for goods and services because it was backed by the government. They had no option because it was the only means to survive in society. But Bitcoin is here to change the narrative. Bitcoin is giving people a decentralized way of carrying out financial transactions. Unlike fiat Bitcoin, It is giving people the right to privacy and freedom from government control.
Those who understand Bitcoin, including its volatility and choose to invest in Bitcoin, are very easy to panic about the price, even though Bitcoin has been proven to be a future investment choice. There must be something wrong with them.
Anyone that understands the volatility and decides to buy it is prepared to face the unpredictability of the market. The price of Bitcoin might be volatile but it is far better than some currencies that have lost so much value over the years.