the hardest asset has ALWAYS outperformed all competitors,

which is why the USD is the world reserve currency.

sometimes people cant hear what they themselves are saying.

nostr:nevent1qvzqqqqqqypzqvf3y9qw4y68d5rcvpaunctkeg93ge82zp986tns8wh94gj8z5ymqqstjy4slhpcz5v3zx9jesy4urnfrws9ztez3plzmtz2r82en00f8yq23w6wc

Reply to this note

Please Login to reply.

Discussion

I think you confuse an asset being chosen as Money in a free market and objectively outperforming all others with a government shitcoin being pushed on people with force?

The point is that the harder money failed.

therefore there's something wrong with your model.

because things don't happen in some ideal free market vacuum.

How did it fail if first gold and now Bitcoin outperformed the USD through out history? That is the real metric. Yes, fiat is currently used more, but this won't last forever.

How on earth are you measuring "performance" against the UoA, what prices are denominated in?

You're alternatively talking about asset price performance and adoption as money depending on what suits you.

Pick a lane.

No issue there, can compare value appreciation using any UoA. Price performance is just a measurement of value flowing into the asset. So far it has been going in one direction rapidly, the better Money Bitcoin.

sigh

nm bro, good luck to you.

to the reader

think about how you might measure the performance of an asset *against* the UoA that the asset's price is denominated in.