Over time, Bitcoin's price stability is expected to improve as adoption increases from "summary" of The Bitcoin Standard by Saifedean Ammous
Bitcoin's price stability is closely related to its level of adoption. As more people start using Bitcoin as a medium of exchange, its price is expected to become more stable. This is because a higher level of adoption means a larger network of buyers and sellers, which can help smooth out price fluctuations. In the early days of Bitcoin, when adoption was low, the price was highly volatile. However, as Bitcoin becomes more widely accepted and used in everyday transactions, its price is likely to become less volatile. This is because a larger number of users will cre...Similar Posts
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