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Replying to Avatar DRE

That mantra needs to be retired.

When people talk about the price, they are referring to bitcoin’s purchasing power. Nothing wrong with pointing out that the purchasing power of bitcoin fluctuates.

1 BTC = 1 BTC doesn’t communicate anything, unlike the price, which tells you how many goods and services you can redeem from the market.

You would think this is obvious and understood by people saying the mantra, but you would be wrong, unfortunately.

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freeborn | ἐλεύθερος | 8r0gwg 1y ago

I know, I'm just disappointed at all the talk about bitcoin 'measured in' and 'in terms of' talk. It's not an investment, it's an escape. It should be its own reference point for capital accumulation.

Poor attempt at Gandalf humor.

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