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RE: Not sure why the world needs bitcoin? Check this out:
Compared to 27000% inflation the volatility of Bitcoin is nothing. Also, it's much easier for Bitcoin to gain value than it is for the Bolivar. Again, Bitcoin is only volatile when it get's pumped to the moon. Right now is a super safe time to put your money in. If you look at Bitcoin dominance during bull runs (goes down) and during bear runs (goes up) it's pretty obvious that Bitcoin is becoming less and less volatile as mainstream adoption grows.
It certainly does appear to that be that way as of right now.
As more and more people get their hands on Bitcoin, the Whales lose the ability to manipulate the market as much. Considering that only 21 million will be made, the future does look bright.