Every now and then I talk to some of my Crypto-disabled friends and acquaintances regarding Bitcoin, the conversation always dwells off to this key sentence they are brainwashed with whenever they turn on the TV or read the financial papers "Yeah but it's so unstable, unlike X or Y". It's not just the fact that they only relate a monetary value to Crypto which annoys me, it's also the fact that they all make that cliche comparison. One day one of them made sporadic up and down moves with her hand trying to represent the price movements and overemphasize her point, which actually gave me an idea.

Looking at the 5 year charts of any Crypto, stability is not exactly a strong point, unless you look at Dai or something :) But what the somewhat more established Cryptos indeed often have which globally popular currencies or metals don't really have, is the possibility to 10x in a single month. But that in no way means that precious metals, commodities or fiat can't be "swingy". As a matter of fact, the swings involved in some of them is quite shocking considering the massive volume and number of people using/holding them world wide.

Here are the swings of the past 5 years from some of the most used and trusted currencies paired against each other:

Here are the past 5 year charts of precious metals. I actually started showing these as "Crypto charts" and am asking them "you really think this is unstable"? When they point the peaks and crashes in 3 months valued 10.000 Euros, that look they give when I tell them it's the world's most popular precious metal i.e. gold, makes this a topic I now gladly look forward to discussing:

Don't even get me started on the world's most fought over natural resource: