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0 sats \ 0 replies \ @didiplaywell OP 26 May \ parent \ on: The Paradox of Bitcoin Adoption bitcoin
I understand, but the problem is: what's that new point of reference in the case of bitcoin? it's fixed, ok, where is it located? You must not forget about "The Calculation Problem": I agree that we can consider bitcoin fixed, ok ... now... what's the value in bitcoin of something? bitcoin is fixed, ok... what's the price in bitcoin? the calculation problem can only be solved by the market, thus by migration via exchange process, thus we are back to the paradox.