yes
the USD fiat denominated purchasing power of Bitcoin is increasing much faster than moneros.
that is not "value"
(unless you're in BTC for fiat denominated purchasing power of course)
Discussion
How do YOU measure economic value then? There has to be someway to measure it objectively or else value is completely subjective and there is no point even talking about it.
this is one of the main problems with using a fiat UoA.
it fundamentally breaks pricing.
I'm not saying its a 100% worthless metric.
but its retarded how maxis spend all day shitting on fiat,
and then turn around and whip out fiat charts 🙄
Ok so fiat is broken so you can measure economic value with it, so what can you, there has to be something? Or it’s just a gut feeling? Cmon man.
If you’re going to argue about value there has to be a way to measure it or what’s the point of even arguing about it. It’s like arguing who’s taller but refusing to be measured.
"Value" is subjective and means different things to different people.
I'm NOT trying to make a case for a good way to measure it.
The best any of us can do is communicate WHY we find value in something.
I AM pointing out that fiat price is not a good way of measuring it in many cases.
Economic value is not subjective, it is measurable sure other values like cultural, personal, philosophical are subjective. If that’s what you are talking about but when talking about purchasing power it is pretty clear the discussion is about economic value. So we are talking about economic value, and you are talking about values as in what is important to you. Classic miscommunication.
We can use the terms "economic value" and "purchasing power" interchangeably if you like.
The point I'm making is fundamentally about how that pricing happens on a fiat standard.
I'm not talking about ideals or personal values.
Let’s just put it in simple terms
If you buy equivalent USD value Bitcoin and Monero 5 year ago and hold the entire time until today.
You can buy a lot more shit with the bitcoin then the Monero.
Which one has more economic value?
A. Bitcoin
B. Monero
C. None of the Above
D. GFY
🤣
as i said above
BTC clearly has more fiat denominated purchasing power.
Purchasing power of bitcoin in energy terms is objectively leaving monero in the dust. Happy now?
Canitllionaires pumping bitcoin is part of the plan my dude.
lol
yeah i was afraid of that
have fun with your state permissioned network
What can be captured will be captured. Monero is my favourite coin too but reality is what it is. Wall Street will pump bitcoin and monero remains in the shadows, pure and uncompromising.