I’m a believer that BTC/digital currency can upend the banking system and will be the future of finance but what I have trouble explaining to people is how this is possible with the wild price action that we see. When BTC can drop 10% in a matter of hours, how can there ever be mass adoption? What is the answer to this objection or what steps would be put into place to cause more level price action?
-I truly believe that the price will stabilize when full adoption is complete.
When people change their mindset, the adoption will suddenly take place. Bitcoin is: 1 BTC = 1 BTC, 1 SATS = 1 SATS, 1 BTC = 100,000,000 SATS, 1 SATS = 0.00000001 BTC
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Mass adoption will happen by force
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Lol
Mass adoption will happen out of necessity would’ve been a better wording
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Ask that to Osho...
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Who’s that
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The more adoption, the more stable the price will be due to the enormous amounts of capital in it that stabilize the price.
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