Monero still holding strong at 218
Throughout this hullabaloo nostr:npub1nl8r463jkdtr0qu0k3dht03jt9t59cttk0j8gtxg9wea2russlnq2zf9d0, it's holding strong.
Discussion
What is proper / ideal amount of price gains to make it a stablecoin but still a store of value. Would it be 10% 15% 40% would it follow m1 or m2 or 1970 inflation numbers?
Price up 1x 2x 5x is not a store of value. It's a leverages trade I would argue.
Fuck stablecoins. Bitcoin only. You want store of value? That’s it.
You are clearly not understanding. You said bitcoin is a store of value. You are using that store of value so that it can continue buy the SAME stuff tomorrow as today. Not MORE stuff.
What is that thing of value? A basket of goods from today a basket of goods from 1970? Fake CPI? M2?
How do you judge bitcoin being a store of value? It's lost 20-30% recently? It's gained 1000% is 4 years? Is 1000% really a store of value to by the SAME amount if stuff or a way to get rich and by MORE stuff?
Study bitcoin.