Comment Comment by hhmc > Volatility is not an inherent property of a currency or an assetVolatility is an an inherent property of an asset/currency/whatever(stddev of (log)returns), as long as you have a fixed and distinct numeraire.Sure, you can argue that bitcoin may _be_ the numeraire one day, but what's the path towards that when it's so useless as a currency presently? parent hhmc 5 years ago
Volatility is an an inherent property of an asset/currency/whatever(stddev of (log)returns), as long as you have a fixed and distinct numeraire.
Sure, you can argue that bitcoin may _be_ the numeraire one day, but what's the path towards that when it's so useless as a currency presently?