[throw0101a]

> Crypto assets can have utily for trading among enemies or situations where normal fiat currency cannot be used.

Maybe crypto will get there eventually, like tech crashed in 2000-2001 (AMZN down 90%) and things have 'stabilized' now, but it's been over ten years already since Satoshi published and this is where we are:

> So. Bitcoin fell 53% in five weeks, and then it rallied 35% in four hours. Two observations for now: 1) Nobody in their [right] mind would enter into a transaction denominated in bitcoin; 2) It's too early to say the bubble's burst (or to say this is a new bull market).

* https://twitter.com/johnauthers/status/1395067576334655489

When your currency (?) is more volatile than the goods/services you're using to it buy, I'm not sure how useful of a 'currency' it is. Or a store of value, or a unit of account.

Is Bitcoin or other crypto more or less volatile than the price of a barrel of oil or frozen concentrated orange juice futures?