Bitcoin's reduced volatility will lead to fewer 'blowoff tops' (extreme highs) and fewer 'huge 75-80% drawdowns' (extreme lows) in the future.
"this compression of volatility means that the holders will be a little bit disappointed on the upside because you're not going to get those blowoff tops. But also there is some degree of safety or a persistent bid on the bottom side where you're not going to see these huge you know 75 80% draw downs as well."