Mike, homopit; The better points of your debate will be lost with these appeals to authority.
You're right. Do I even remember why this started? Ah, two theories: hard money, or money with healthy inflation. That debate will never end.
one more thing.If you look back to like 2014, Bitcoin went from like 200 to 1200 in one day. Why? because there were less traders, less transactions.More transactions = less volatility
Go look at a penny stock with hardly any transactions. The BUY and the ASK are like 300% apart. But the minute many transactions start happening the Buy And ASK tighten up.
Billions of transactions the price won't move.
The debate will end because there will eventually be an answer after it's played out. But who knows how long it will take. Could be many, many years.
