A friendly reminder that we are still far away from the #bitcoin 2021 ATH.

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Bitcoin is backed by SHA power not gold

Unit of account has nothing to do with what bitcoin is or is not backed by. I am only pointing out the irony of measuring hard money purchasing power in soft money ibstead of another hard money.

This is the way I see it.

Damn, buzz kill, but you're right.

Sorry πŸ˜‰ I just find it ironic that many bitcoiners have a blind spot on inflation when it comes to the ATH.

πŸ‘€ πŸ‘‡

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Good for perspective

Such a great take! πŸ‘ŒπŸΌ

Thanks! We tend to forget that fiat ruins everything, including perspective.

FIAT is the anti-Midas, turning everything to dust.

It's a good positive thought to follow!

This is a far more important comparison compared to the shitcoin yardstick that most seem insistent on using.

Now that you put it that way feeling even more bullish!

Good point 🫑

We’re close now!