Question: Do you think there will ever come a time where we wont have as much volatility as we have with btc now and btc can finally serve its spending purpose truly?
Is it true adoption if the ones adopting don't truly use or hold btc!!!
The reality is that Bitcoins volatility is still a major barrier to its use as a true medium of exchange. Most businesses prefer to convert it instantly to fiat because they dont want the risk of BTCs price dropping after a transaction, which makes sense from a business standpoint really.
But I think over time, as Bitcoin becomes more widely held and liquidity deepens globally, the volatility might reduce. Its the same pattern seen in the early days of other asset classes, as adoption and market maturity increase, price swings tend to stabilize.
So yes, I do think there will come a time when Bitcoin can serve its spending purpose more genuinely. But for that to happen, people and businesses have to actually hold and transact in BTC rather than using it as a bridge back to fiat. Until then, were still somewhere between speculation and real adoption