As long as you’re in the fiat system, your statement would be correct. If denominated in bitcoin, I think we all know where this is heading…
Discussion
what does "denominated in Bitcoin" mean?
The valuation of everything in relation to #bitcoin :
1 tsla share = 1 bitcoin
1 mstr share = 10 bitcoin
It would make more sense to denominate in sats
you mean society functions on a Bitcoin UoA then?
Yeah and MoE as well
👍
I agree at that point we'll have much more accurate pricing.
I just see a lot of people use BTC charts as if they represented an accurate assessment of value.