1 bitcoin = 1 bitcoin
$1m bitcoin would only mean the dollar crashed further, bitcoin is the constant
1 bitcoin = 1 bitcoin
$1m bitcoin would only mean the dollar crashed further, bitcoin is the constant
1 banana = 1 banana
If you think that’s the same as what I’m saying I’m not sure where to even start with any reasonable reply
I just thought it was funny lol, but I genuinely don’t see the distinction.
Do bananas have a hard cap on supply? No. Can bananas be sent to the other side of the globe in minutes to transact? I mean, truly I’m not sure where to begin here.
But get this, I just made Nana token which is backed by 🍌.
The 1₿ = 1₿ is not about making a statement about what the value of bitcoin is
Is about making the statement that you will measure value in Bitcoin units in the future
That's my thinking as well.
But if I am hard-pressed to assign a value:
Total world fiat / 21 million
That's gotta be a large number in dollars.
Precisely
Bitcoin’s buying power is what matters ,its $ equivalent doesn’t
100,000,000 sats = 1 bitcoin
The fiat price only matters in terms of how much Monopoly money someone is willing to take for the hardest money in history.
The fact anyone is selling the latter for only $28k of the former is insane.
Today, in Germany you need, let's say, 25 btc to buy a nice house. How many btc will it take to buy a nice house in 10 years?