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300 sats \ 4 replies \ @Rothbardian_fanatic 31 May \ on: 10 years of ₿itcoin price action in 30 seconds. bitcoin
Lest we forget, 1BTC=1BTC and 1sat=1sat. Why are you even thinking in terms of fiat? Thinking in terms of fiat is a complete waste of time and energy. Think of ways to expand BTC usage in the hands of individuals, instead!
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0 sats \ 3 replies \ @johnwhyte OP 31 May
As a unit value it's measured in Fiat ... However Fiat doesn't correlate with Bitcoin value as 1 BTC equals to 1 SATS.
VERY SOON EVERYTHING WILL BE PRICE IN BITCOIN AS ALL FIAT WILL GO TO ZERO.
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1 sat \ 2 replies \ @Rothbardian_fanatic 31 May
I think that remains with the people to decide, doesn’t it? Governments do not decide what is money. It is decided by what people use the most for trade.
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0 sats \ 1 reply \ @johnwhyte OP 31 May
Yes absolutely, the price is determined by the market. The value is determined by the people.
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1 sat \ 0 replies \ @Rothbardian_fanatic 31 May
Well, the value is not determined by the people, it is determined by each individual and summed together by the prices each person will pay.
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