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A conversation between Nassim Nicholas Taleb and Stephen Wolfram (July 2, 2021) [Part 1]

The Stephen Wolfram Podcast

CHAPTER

The Volatility of Cryptocurrencies

When you have commerce, what weu call frictional volatile is about five to seven %. So bitcoin must have exactly the volatiy rat of zeroa, or close to frictional, with respect to the us Dollar and stuff like that for it to be adopted. And if anythings volatily have been increasing overtime,. Well, anvolatility is measured with respect to dollars. I mean, at some level, you could say, if if everybody was using coin, you say, o gosh, dollars is so volatile. Loat the numerar that is the most the least volatile.

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