0 sats \ 2 replies \ @NeuroNinja OP 27 Sep 2023 \ parent \ on: If we stop thinking in Fiat, what does even bull-run mean? 📈 bitcoin
I still can't wrap my brain around this. How would things will get cheaper? If I understood correctly, then it would be because similar amt. of BTC is suddenly more valuable as compared to (when converted to) FIAT.
Please correct me if I am misunderstood.
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10 sats \ 1 reply \ @nerd2ninja 27 Sep 2023
Okay, to start, Bitcoin is your money. Bitcoin is your reference point. So these prices:
https://www.pricedinbitcoin21.com/landing
Those lines would drop down dramatically all at once. Yes, that means that Bitcoin is more valuable, the same way that when prices all rise at the same time against FIAT, that this means FIAT is getting less valuable.
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50 sats \ 0 replies \ @NeuroNinja OP 27 Sep 2023
ahhhh, I got it now. Thanks for making it easier for me.
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