Yeah, confused. I think that's the right one.
I think I can kinda maybe see why you say this, allegedly.
But how could your first instinct be?: 🤗 art
Ty! 🙏
How do I stop amethyst from automatically opening WoF for zaps?
I want to change my default wallet.
Shouldn't we say that the price of fiat is interest rates?
You could say that the price of bitcoin could also be interest rate as loans under sound money won't disappear but there has to be a difference since fiat is *nothing more* than that interest rate.
Also, the highest form of money, I think, can only be measured in goods and services. You could say that a US dollar price is 2 canadien dollar but that statement is meaningless if we don't know the price of 1 us dollar in bananas to begin with.
The highest form of money cannot have a price outside every single individual human mind based on their particular situation.
(I'm confused myself in all this, it might not be clear)
Mine still believe he needs cash or else we're all under control.
He has bitcoin. But still think cash is king. He think these worthless paper are king 🤦♂️
There's no reason to worry about the "price of money". It shouldn't even exist.
People were worried about gold clipping. Not gold losing value. People were worried about the price of goods... not the price of money itself.
The price of money is a fiat concept.
I'm not sure if what I'm saying is known and obvious.. or stupid. but it's obsessing me right now.
If there's no fiat, where's the volatility?
There could be an upswing in cow sex that grows the cow population and reduces the price of beef.
Or a drought that destroys wheat plantation raising the price.
But in both cases money isn't changing value. The volatility occurs only in the specific market where the changes happen.
You can still buy just as much banana.
I went back into a "what is money?" Phase... again.
Isn't Buying money proof of stake'est?
You can't buy money.
You can only sell goods or services for it.
I guess I just mean a bitcoin exchange.
A place to buy money dosen't make sense. Without fiat bitcoin dosen't have a price and a place to buy them.
You have people selling tomatoes for money. You don't have a place where people go to buy money in exchanges of tomatoes.
The point of money is to solve the coincidence of want. There is no place that accepts everything in exchange of money.
You have markets. Markets of goods. Not of money.
Does that make sense? I'm rambling now.
Buying money is fiat.
Is there anything more fiat than a market of money?
I dove a few time into muddied water.
What an idiot. What a fool.
Hesitation in communication muddies the water.
I trust clear water.
Is this Alice the poet? Or are you an other Alice?
Is it just me or a lot of March off twitter people have failed today?
I won't be naming names. You know who you are.
Anyone does 3d printing *models* in exchange of sats?
I need a ColdCard model and a few other things.
(Need to be real life size)
During the Renaissance there was no gold price.
Things were priced in gold. It's different.
Sound money has no market price. Only the individual can subjectively value it.