How To Stabilize Bitcoin And Avoid Volatility?

Bitcoin has been the most volatile asset for the past 10 years. While volatility favour traders it is not good for to be used as a store of value or medium of exchange. You could argue that If you bought at $1 BTC has proven to be excellent store of value. In that time frame yes, but who has been holding since $1 the volatility made the most people sell, it is not as easy as it is said, only a few held and now reap the rewards. But for majority? The waves are too strong and people end up selling. 

There are a few solutions that can be made to solve this problem. 

1. Bitcoin becomes global reserve currency and every other currency is pegged to it. That my friends would ultimately make every Bitcoin holder set for life! will this happen. I think for this to happen the governments need to change. 

2. Hefty tax on large sales the tax would have to be so high, that trading Bitcoin for profit would become unprofitable in result all traders would be discouraged from trading large volumes. 

If none of this happen Bitcoin will be as volatile as it is for ever, used to suck the money out of everybody! Only the early adopters who held can be truly profitable, set for life. Everybody else? Bitcoin is at $25k. If it goes 10x thats $250k and 100x $2,5m And let’s be honest - who is thinking of 10x and hold? You have to do something with that profit right? The only way Bitcoin could go up 100x from here is if it becomes global reserve currency. 

The governments as they are now, incoherent, focused on wars and arguments on which way the world should go are incapable of making compassionate decisions. But once they retire those who come after will!