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by heelhook 3171 days ago
You’re thinking about this wrong; bitcoin is meant to be used more as a store of value rather than as a currency for transactions. You should think about it more as hold than dollars.

Also, new assets and specially new asset classes are predictably going to have high volatility at first, until the market knows what to make out of it and finds the right value for it. In relative terms, bitcoin is still a pretty new asset, specially since new people are coming into the market every month.