-
@ Jake Woodhouse
2025-03-03 09:17:54
Contrary to its price, Bitcoin is the most stable and predictable asset in the world. In any free market, price is determined by supply and demand. Since Bitcoin’s supply is immutably fixed, the only factor that can adjust in response to changing demand is price.
Bitcoin’s volatility is a feature, not a bug. It shakes out weak hands, transferring bitcoin to those with stronger conviction. Fiat price corrections function like a forest fire, clearing out the deadwood so the ecosystem can thrive.
https://i.nostr.build/VYSBmtsdURbYfi77.png