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Replying to Avatar jin 🧙‍♂️

This is a “So you hate waffles?” strawman reply dude. Nowhere in my post did I say that or anything close.

I said their current value is derived from fiat, and at this moment in time it has to be linked back to that valuation because there’s been no alternative standard determined by society. Once society understands what WE understand (the value of Bitcoin) then things can be priced and compared appropriately because it will reach UoA status.

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Hanshan 1y ago

not "value" methinks, its "price"

value is in the eye of the beholder.

price is the local representation of the value as rendered in a unit of account.

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jin 🧙‍♂️ 1y ago

Yeah I definitely misspoke there, in my mind I was thinking of price but said value, corrected myself in my next reply haha

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