that’s so fiat 😳

Mondays suck ??

said who 👀

I can buy x amount of any day because Monero holders are willing to sell x amount on any day

It is calculated by supply and demand, same way all prices are determined

Only fiat maximalists think like this, you are projecting your own fiat mind

I could literally price things in bigmacs or bottles of water if I wanted to, you are the one bringing up USD all the time and asserting that "everything" is priced in it

BTC/XMR has its own rate but you just can't stand to look at it without coping, but here it is again, sans usd

-76% prices in SATS, hfsp 🫂

That horse emoji is a threat, take her warnings very seriously 👀🫡

Isn’t it a long weekend there too then?

Yesterday I assembled my orange friend. Not sure if I’m happy with this case, may look into others, but it’ll do for now.

Should I put Start9 or umbrel on it? And why?

#asknostr

Yesterday I assembled my orange friend. Not sure if I’m happy with this case, may look into others, but it’ll do for now.

Should I put Start9 or umbrel on it? And why?

#asknostr

Yea they wipe my ass too.

When I check to see how much Monero I can buy with my bitcoin, I’m denominating Monero in Bitcoin. Where’s the fiat?

Sorry if I sounded like a dick or something. I wasn't trying to, it's just so simple that it's hard to explain.

not "value" methinks, its "price"

value is in the eye of the beholder.

price is the local representation of the value as rendered in a unit of account.

In an effort to #KeepNostr weird this year for my bday (3 days from now) I’ll be getting a tattoo of a design made by you (nostriches) let’s keep this very simple 2 days til submissions close, reply with a nostr themed design and the design with the most reactions at the end wins and will be permanently on my skin forever.

the size will be 2cm 👀

let’s see what you got!!

You're talking about valuation vs market price. There's many factors that effect both; like quality, quantity, supply and demand.

The eggs are 4700 sats. They're also $4. Merchants who define their base FX, and then subsequently trade in that, will determine it.

"we do not accept cash" - a merchant policy for example. "We only accept bitcoin" - another policy

You're not wrong in your understanding, but it's a little strained. Fx exists in any measurable way, x to y. It will always exist in a free market. If one trader has eggs for $4 CAD and another wants to sell bacon, one could equate eggs/bacon market value, attribute that to and currency and then trade it.

What you're aiming for, like many bitcoiners, is that Bitcoin becomes the standard medium of exchange/unit of exchange, as the dollar is the standard medium of exchange across base input commodities (wheat, soy, gold, rice, cobalt, diamonds, oil) all priced in USD and allows the US to export it's inflation.

In an effort to #KeepNostr weird this year for my bday (3 days from now) I’ll be getting a tattoo of a design made by you (nostriches) let’s keep this very simple 2 days til submissions close, reply with a nostr themed design and the design with the most reactions at the end wins and will be permanently on my skin forever.

the size will be 2cm 👀

let’s see what you got!!