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Replying to Avatar Hanshan

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.

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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

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