Volatility in cryptocurrency-based securities? I am shocked, shocked.
Should I base my views of fiat currency from things like the 79.6 billion percent hyperinflation in Zimbabwe?
Neither is inherently volatile. Both can be, but it isn't a built-in trait of fiat or cryptocurrency.
In any case, there is zero empirical evidence that they aren't, given that there has not once existed a stable cryptocurrency.
Besides, these tend to happen infrequently (like once in a century per country), people underestimate risk, and blame politicians instead of the system. It would be beautiful if a critical mass of people would come to the conclusion that monetary system needs to change...