Replying to Avatar HoloKat

I view gold as useless. And I view bitcoin as hundreds of times more valuable than the largest companies in the world combined.

So, until we take that #1 position on the market cap list, I could care less about the fiat value of bitcoin. Even then, I won’t care because everything will start being priced in bitcoin. We will swap the denominator with the thing that is actually valuable to the entire world.

Zoom out. We don’t need to play within the system, we can break out of it entirely. Follow the orange trail.
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Matt 6mo ago

Sure, but just ignoring the current value compared to the current base measurement is a great way to miss potential problems. And it attracts more people into the new system.

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Matt 6mo ago

And how would you even know when it gets to the top of a fiat list without focusing on fiat value?

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HoloKat 6mo ago

It’ll keep doing as it was designed to do - to bring fairness to the world.

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Matt 6mo ago

Yes, if adoption continues. It wouldn't if people had no way of judging it's progress within the current frame.

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Matt 6mo ago

But I think it is one of the more boring topics overall. It's fun for a few minutes for me and then I'm back onto other things that actually interest me. Ideally, Bitcoin will make money boring again. Too much shit is financialized, which is probably why so many people are focused on it.