Bitcoin will become ‘less volatile’ and larger than gold: ‘The Bitcoin Standard’ author
Summary
Saifedean Ammous argued that Bitcoin already functions as money and that its volatility should decline as adoption and market capitalization grow. He said holding Bitcoin itself constitutes using it as money, despite limited payment use. Lawrence H. White countered that Bitcoin’s fixed supply makes it too volatile for reliable transactions, helping stablecoins gain transaction volume. Bitcoin’s market cap is about $1.6 trillion, compared with gold’s roughly $29 trillion; it would need to grow at least 18-fold to surpass gold. Other industry figures have forecast Bitcoin competing with gold as a monetary asset.
