"I imagine bitcoin's volatility is just never going to go away. Any cryptocurrency is going to have the same issues. Using bitcoin is making a risky gamble. This is why we're not paying our mortgages with it."
Blaming its problem strictly on speculation is ridiculous. I don't know how to address this. You're saying there needs to be some gentlemen's like code for bitcoin users to never invest it or it doesn't work? Yeah, your currency is broken then. Bitcoin is designed for profitability and investment, that's why people mine it!
This is like saying the ghetto is great, its just the criminals and poor ruining it. Uh, yeah, that's a problem with the ghetto. The criminals and poor aren't going away, as the ghetto favors them. The ghetto is not fine.
"What's wrong with speculation?"
"I imagine bitcoin's volatility is just never going to go away. Any cryptocurrency is going to have the same issues. Using bitcoin is making a risky gamble. This is why we're not paying our mortgages with it."
What a great "currency".