Oh ? Well thanks for clearing that up . However , you could have fooled me , since I have seen Trump supporters being called the alt right all the time . As in the way they call them racists . You ' ll have to excuse me for drawing conclusions from that . <| sep |> This is very true and Gold itself is the perfect example . When Gold was used as money even thousands of years ago it was so stable all of the worlds goods and services were priced in weights of Gold . But when it is not used as money and only as a store of value as is the case today it is extremely volatile . This idea does not care about space or time . Its an undeniable fact , that as long as bitcoin is only used as a store of value it will remain a volitile asset class , and will only become stable enough to price goods and services in if it is used as money . So to take this idea further , proponents of bitcoin as a store of value must never want the price to be stable and always considered a volitile asset class . And the proponents of bitcoin being used to buy your moring coffee want bitcoin to be stable enough to price goods and services in . The total market cap is irrelevant . If bitcoin was made only for a small island nation of 500 people and everyone used it as money then it would be stable even if only at a 1 billion dollar market cap . Bitcoin could be stable today if people used it as money and goods and services were priced in bitcoin . Users however , instead of experiencing volatility would instead experience a slow decline in the prices of goods they want to purchase . Its a cart before the horse scenario . I used to think that prices would only ever be denominated in bitcoin if the price was already stable but now I understand that prices need to be denominated in bitcoin before the price is stable . And that only happens if people can buy their morning coffee with it ! So devs who dont care about buying your morning coffee with bitcoin fundamentally or unknowingly do not want bitcoin to succeed . The VIX of btc is currently lower than the USD Index . Which is more proof bitcoin will never be used to price goods and services unless it is as easy and cheap to use to buy your morning coffee as that piece of paper in your wallet .