Replying to Avatar Duncan Cary Palmer

#asknostr

How realistic can the published price of bitcoin in $USD be if no private, P2P (Peer To Peer) transactions are taken into account?🤔🧐

Isn't it true that all we're seeing in the price action arena is a reflection of "public, KYC'd, on exchange" transactions?😜😳
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rev.hodl 1y ago

Trying bringing cash to a Bitcoin meetup and offer to buy some Bitcoin. You might find that no one wants the cash until you start offering to pay a premium over spot. Each local Bitcoin ecosystem will value no kyc p2p Bitcoin differently.

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