1/ Watching #btc volatility & thinking about current use cases, I finally appreciate why @VitalikButerin says it's important to make a StableCoin. Ppl should be able to store value w/o taking on all this currency risk.
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Do you think it’s possible all this volatility is simple some kind of price discovery mechanism, and perhaps gradually stabilizes?
Hmm. Kind of. But I wouldn't use "price discovery" for the question "Are BTC/ETH going to become the global reserve currencies?" It's more foundational. I also think fiat is inherently more stable due to each having a locked-in economy.
