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by your own statement there is no way to compare the two without being a fiat maxi, which is such a bad take, which is why i asked should i use hydrogen molecules.

regardless of what you say.

monero as priced in the shitty USD has lagged behind BTC priced in shitty USD.

i dont know how you square the circle of calling anyone using USD as denominator as a fiat maxi.

that is the world we live in right now.

you may not like it but that doesnt make it true.

bitcoin has appreciated more against the shitty USD than monero.

infact bitcoin has appreciated over 300% in shitty usd terms since the beg of '23

monero has barely appreciated 2%.

but onto the reall stuff. how do you evaluate an asset without being a 'fiat maxi'

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Discussion

falsefaucet 1y ago

in all seriousness im very intrigued to know what im missing here, as in what my denominator should be.

you claim it shouldnt be USD cause it sucks. which we can both agree on

Hanshan 1y ago

I'm called them fiat maxis because they're showing price charts as if USD valuation matters.

I don't think the *really Fiat Maxis, they just don't understand that they're showing a Fiat chart because they misunderstand Unit of Account.

The Unit of Account is how we compare the value of two assets.

It's just a fact that the USD is the world Unit of Account.

I don't think that's how it should be.

but that's how it is.

You or I or anyone doing division in their head doesn't change that.

Until we get a bitcoin standard accurate pricing is impossible.

Hanshan 1y ago

So you have so-called Bitcoin Maxis who are trying to shit on Monero by showing a USD denominated chart.

which *at best* only graphs speculative interest by Cantillionaires.

It's a pretty spectacular self-own.

not that they mean to. It's just lazy thinking that suits their confirmation bias.

4rge/michina 1y ago

It's kind of like yen/rmb Imho. Different transaction classes. Tax btc at 10%, idgaf. By the time katillionaires catch on to it they'll be dumping tons into infrastructure and r&d and us roles can base xmr on Oz of mj

4rge/michina 1y ago

So what you're saying is blindly follow sats per dollar index to accurately derive cost-per-goods relative value? 😉😜 On it sarge

Hanshan 1y ago

You have so-called Bitcoin Maxis who are trying to shit on Monero by showing USD denominated charts.

which *at best* only graphs speculative interest by Cantillionaires.

fiat valuation is either a bullshit metric

or it isn't.

it isn't a hard money chart because you divided by the current fiat valuation of BTC.

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