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He is right. As long as your bills are denominated it dollars he is correct, even when you buy something with bitcoin it is still priced in fiat then converted to btc based on current market prices. So the item your buying will fluctuate in sats based on market price. No one is pricing things directly in sats and keeping the price in sats fixed. Ie coffee for 10,000 sats and price stays the same 10,000 sats all year.

2Pac 1mo ago

Bitcoin has better NGU over long term Monero has had better NGU over short term ie last year.

So depending when you bought your sats is the determining factor of which preserved your purchasing power better.

And even holding dollars this year has preserved your purchasing power better. It is what it is.

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Discussion

Hanshan 1mo ago

its not even really the point though.

not mine anyway 😅

this chart is a map of relative *fiat speculation*

Dont use it to virtue signal about your hardcore maximalism, you're playing yourself.

2Pac 1mo ago

It is fiat speculation which is the only thing that gives it relative value to spend on products or services, that is true of Bitcoin and Monero. Haha I’m suprised to be called a maximalist since I am not lol

Hanshan 1mo ago

nono I didn't mean you bro

just ranting