Bitcoin will become the most stable asset known to man

Bitcoin will become the most stable asset known to man because prices are determined by supply and demand, and bitcoin has the most transparent and predictable supply and demand metrics ready to analyse publicly.

Demand is known through blockchain analytics, essentially observing and quantifying capital flow metrics on chain. Algorithms will evolve that can give detailed public information about the demand side of bitcoin.

Supply is known firstly through the mechanics of the block reward and secondly also through quantifying capital flow metrics on chain.

No other asset in human history can provide such detailed and real-time information and insight into supply and demand metrics publicly for the world to analyse at will. Period.

Once bitcoin is nearing the end of its free market price discovery phase the stability will start to set in like no other asset on earth ever has. Not stable in fiat (because fiat is in and of itself unstable and therefore no good to measure things against), but stable against other goods. Stability will become the rule and not the exception for bitcoin. The ability of supply and demand metrics to be priced-in so efficiently in advance and in real time will become the basis for a form of stability so strong it will make fiat look unstable by comparison.

Once we have stability commerce directly in bitcoin will follow, prices denominated in bitcoin will follow, and fiat currency pairs against bitcoin will start to look wildly volatile while bitcoin appears as though it were the rock of solitude. Unmoving.

It is at this point that there will be absolutely no more reason to hold fiat currency for anything at all. And when thinking about cashing out, you will realise, "when you're ready, you wont have to".

Submitted April 25, 2019 at 10:59PM by slvbtc http://bit.ly/2GETQSy