Michael Saylor: Bitcoin's reduced volatility is good for large institutional investors, but will disappoint thrillers

According to Coin Stories, Strategy Executive Chairman Michael Saylor said in YouTube’s Coin Stories podcast that lower Bitcoin volatility favors “large institutions” but will disappoint those who rely on price fluctuations to seek thrills. "You want volatility to be reduced so that large institutional investors can enter the market with confidence and make large investments. The problem is that if volatility decreases and large institutional investors enter, the market will become boring for a while. And because the market becomes boring for a while, people's adrenaline will also fall and they will become a little bearish." Michael Saylor said this is a "growth phase" of Bitcoin and a natural part of its life cycle, and the "gradual decline" of volatility is a good sign.