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Len AKA The Lengendāš” 2y ago

Just think about how much purchasing power the USD lost since bitcoin hit the ATH of $69K in Nov 2021.

In order for bitcoin to break that ATH in terms od purchasing power, it may need to get past the $80K mark to truly be higher in value.

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Derek Ross 2y ago

that's an interesting way to think about it. you're absolutely right though.

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Lau 2y ago

That's why measuring the price of real estate denominated in #bitcoin is a good representation of real value.

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Len AKA The Lengendāš” 2y ago

Oil is also a good comparable.