Replying to Avatar StackSats.IO

People who don’t understand #Bitcoin think of it in terms of a numerator:

21M BTC➗X

People who do understand Bitcoin think of it as a denominator:

X ➗ 21M BTC

That is the fundamental difference; which side of the equation one puts the only measuring stick which can’t be altered.
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Kano 1y ago

Let me make it even simpler for you:

There is no denominator,

because finite money has NEVER existed—until now.

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StackSats.IO 1y ago

Prices are just one thing divided by another thing.

Price is how we humans coordinate peaceably rather than violently (trade vs war).

I don’t see that ever going away, but it’s going to be used differently than today for sure.

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Kano 1y ago

It goes away once you realise actual money didn’t exist until 2009.

The rest is just numbers.