The cause of Bitcoin volatility is not deflation, it’s caused by speculation under conditions of extreme uncertainty. The uncertainty will be resolved eventually, one way or another.
Certainly true for now, BTC currently is experiencing ~13% inflation YoY. Pricing in future deflation is inherently speculative as it assumes BTC will be around long enough for it to matter.
This seems correct to me.
Certainly true for now, BTC currently is experiencing ~13% inflation YoY. Pricing in future deflation is inherently speculative as it assumes BTC will be around long enough for it to matter.