Well written post, I am not afraid even a bit, whoever is in crypto for some time understands that things over here work a bit different than in the traditional financial system. Extreme volatility is not rare, but in my opinion, this kind of value fluctuations is a big obstacle to widespread mainstream adoption, it is pushing "normies" away.
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Well yes, it pushes "normies" away... AND it hinders the adoption of cryptos as viable currency, in the commercial sense. I mean, why would I PAY from something with my Steem if keeping it as an investment will mean I am better of?