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Chandan Choudhary
FinancIal Markets a... • 1y
If we talk about BTC it has limited supply and that makes it a good asset to store value and it’s. Volatile because people don’t trust it for very long time as there is a 4 years cycle so as it’s not that old just 10-13 years it will be adopted slowly and once people will notice that pattern of recovery and they’ll be convinced than volatility will be reduced it happened In every Asset class be it equity initially when The markets wasn’t mature it was very volatile eg just observe the small cap stocks and large cap stock the higher the market capitalization lower the volatility Banning that will give them a fear of left behind as technology evolves and support that will take the power of govt as it is decentralised and no one can control it 100% transparency They will try to keep that in grey area so no one get clarity about it
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