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IMVHO the larger elephant in the room is bitcoin's deflationary nature.

Neither of these is an example of an "elephant in the room". Both issues are discussed continually.

I think we disagree on the definition of elephant in the room, the issues are most certainly discussed, but they are not addressed.

The bitcoin faq regarding deflation basically says "we don't know what's going to happen", and regarding volatility the current solution for merchants to cope with volatility appears to be "convert everything to fiat ASAP".

> I think we disagree on the definition of elephant in the room

Yes, I was basically saying your definition was wrong: that's not what the phrase "elephant in the room" actually means. It means something that isn't discussed.

it's deflationary nature is also an argument for it!

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