The Property of Volatility in a Monetizing Asset

The volatility is a property of a monetary monetizing asset. As it matures, the small adjustments to the circulating supply can have a massive circulating value effect and you'll get more stability. You don't want money that is too sticky on the way it adjusts to supply and demand in certain markets or whatever. But he does concede this later on. He concedes that Bitcoin is volatile. And that is a feature not a bug.