One of money's primary use cases is purchasing power. If tomorrow, 1 bitcoin was valued at $1 USD, you would be an absolute moron to say "I don't really give a shit about the price in USD"
Your purchasing power would be eroded to almost nothing. Censorship resistance and the other qualities of bitcoin wouldn't matter without purchasing power of a money you put substantial portions of your life savings in.
No, purchasing power is not coming from USD. Is coming from trades.
Is basic fucking economics. Is all based on demand and supply.
If I produce something I negotiate the price in sats with you. No USD no other bullshit.
If your mind is always thinking that x sats worth x USD, then you are still living in the fiat world and be its slave.
I really wish the BTC price in USD will go to 1 so all the idiots like you will go away. Learn some basics economics damn it.
Let's consider this, tomorrow all the fiat currencies will disappear (I doubt it, but anyways).
So how are you gonna live if you do not have any relation in USD ? Are you gonna die or adapt and start measuring your energy put into a product in sats?
If a bitcoin trades for $1 USD and a banana trades for $1 USD, no one will give you more than $1USD or 1 bitcoin for a banana.
So today, a bitcoin trades for less USD than in 2020 (inflation adjusted). Therefore your bitcoin has less purchasing power today than it did in 2020.
That is bad. Not good.
No moron is going to accept your produced item in sats at a different value than the prevailing trade rate with the most dominant currency in the world.
See? you are still going back to fiat. YNGMI
I DO NOT TRADE BTC FOR FIAT.
I trade goods and services for sats. That's it. BUt yeah this is beyond your intelligence.
But anyways, looking into your post history, you are fucking a idiot posting only about price and crap fiat. YNGMI. You are brain rot fiat maxi.
bullshit crap fiat maximalism. I don't really give a shit about the price in USD
Then you must be a moron.
One of money's primary use cases is purchasing power. If tomorrow, 1 bitcoin was valued at $1 USD, you would be an absolute moron to say "I don't really give a shit about the price in USD"
Your purchasing power would be eroded to almost nothing. Censorship resistance and the other qualities of bitcoin wouldn't matter without purchasing power of a money you put substantial portions of your life savings in.
No, purchasing power is not coming from USD. Is coming from trades.
Is basic fucking economics. Is all based on demand and supply. If I produce something I negotiate the price in sats with you. No USD no other bullshit. If your mind is always thinking that x sats worth x USD, then you are still living in the fiat world and be its slave.
I really wish the BTC price in USD will go to 1 so all the idiots like you will go away. Learn some basics economics damn it.
Let's consider this, tomorrow all the fiat currencies will disappear (I doubt it, but anyways). So how are you gonna live if you do not have any relation in USD ? Are you gonna die or adapt and start measuring your energy put into a product in sats?
If a bitcoin trades for $1 USD and a banana trades for $1 USD, no one will give you more than $1USD or 1 bitcoin for a banana.
So today, a bitcoin trades for less USD than in 2020 (inflation adjusted). Therefore your bitcoin has less purchasing power today than it did in 2020.
That is bad. Not good.
No moron is going to accept your produced item in sats at a different value than the prevailing trade rate with the most dominant currency in the world.
See? you are still going back to fiat. YNGMI I DO NOT TRADE BTC FOR FIAT. I trade goods and services for sats. That's it. BUt yeah this is beyond your intelligence.
But anyways, looking into your post history, you are fucking a idiot posting only about price and crap fiat. YNGMI. You are brain rot fiat maxi.