@JorgeStolfi @prestontumber @rvkennedy @immibis @funcrunch @kcoyle
But also because the value of BTC is - deliberately - extremely volatile. Any fixed-supply token is *necessarily* volatile, assuming variable demand. When demand goes up, so does the value, and when demand decreases, value goes down. This is why cryptos are all but useless as media of exchange and stores of value (hence the "pizza day" observance).