Subnostr

Fiat currency is disinformation. What information does a $10 bill convey? The 10 is a numerator of a fraction with the denominator missing. 10 out of what? The 10 says nothing without a known and stable denominator.

1BTC is always 1BTC/21 million. #learnmaths #bitcoin

Hanshan 1y ago

💯

this is why the BTC "price" is a fiat measurement and maxis should quit obsessing about it.

Reply to this note

Please Login to reply.

Discussion

Satoshis Nephew 1y ago

Many a person in BTC still be thinking in fiat..

If you looking purely at NGU tech then understandable to a point.. but savings and purchasing power over a longer time horizon then no..

The deeper one goes down the rabbit hole the clearer this becomes #bitcoin