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Once transactions occur regularly for necessary everyday items, the price of Bitcoin is likely to become less volatile. If someone pays for an item in Bitcoin today, it becomes easier to use that same valuation for future transactions.
A New Way of Transacting and Stability
Maslow's hierarchy of needs offers a framework to assess how society’s use of Bitcoin for fulfilling basic human needs could stabilize its price. The pyramid structure starts at physiological needs, moving up to financial security, and culminates in self-actualization. As individuals leverage Bitcoin to address their fundamental needs, these transactions can anchor its value in real-world economic terms.