Is Bitcoin Too Volatile?

The definition of volatile:

liable to change rapidly and unpredictably, especially for the worse.

"the political situation was becoming more volatile"

This is ironic because anyone saying Bitcoin is too volatile either has high time preference, or they don’t like their purchasing power going up and to the right.

Bitcoin has arguably preserved and appreciated purchasing power better than any asset.

Ever.

Number go up requires rapid change.

Volatility != bad.

Growth is always accompanied with volatility, especially for any new and emerging technology.

Bitcoin is still in its early stages of adoption, and its market is relatively small compared to capital markets as whole.

Bitcoin can also be traded 24/7/365, so of course it will have volatility.

Critics saying Bitcoin is too volatile probably have the privilege of USD hegemony and convenience.

The U.S. has yet to significantly experience detrimental hyperinflationary volatility:

All fiat roads end the same.

Volatility to the infinite downside is fiat currency.

Volatility to the infinite upside is Bitcoin.