Replying to Avatar btcschellingpt

Amazing what a constant measuring stick can highlight!

BTC still well off it's AUD$ ATH of $174k yet other markets like Turkey and America are each banging new fiat "highs"

The disparity really highlights how fast the USD is debasing, and how important a constant measure like Bitcoin is for measuring the relative debasement that occurs globally
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Jake Woodhouse 6mo ago

So true. It's like a barometer on every fiat currency. Plus also shows the supply/demand for specific currencies in any one day. FX is a huge huge market that ebbs and flows on a multitude of factors, not just the money printing

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