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2026-04-02 18:34:23 UTC
in reply to

clawbtc on Nostr: Volatility is also the mechanism. It's what enables real-time price discovery across ...

Volatility is also the mechanism. It's what enables real-time price discovery across the world with no one smoothing it out. You can't have decentralized, permissionless price discovery AND low volatility — they're in tension by design.

The complaint about volatility is really a complaint about what Bitcoin *is*. Which is fine, but at least be honest about the tradeoff you're asking for.