Post a chart showing Bitcoin breaking ATH $80k $USD.
Downzap me all you want to outlaw this post for clickbait, but you know I’m in the right territory for this question 😈
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Post a chart showing Bitcoin breaking ATH $80k $USD.
Downzap me all you want to outlaw this post for clickbait, but you know I’m in the right territory for this question 😈
It's not that Bitcoin price is rising, it's that the fiat shit is decreasing its purchasing power. In other words shit is going to the place that it deserves, 'into a gutter'.
Milk didn't get 30% more expensive in USD in the past month.
But it did on a Bitcoin standard
But it didn't in any way that makes sense in reality. I care about the real-world purchasing power of my sats, not some puritanical false view with blinders on that requires ignoring the wider context in the world around me.
Excuse me sir, but you’re on stacker news
Well aware of where I am. Bitcoin is fucking amazing, but some of us have real dumb takes sometimes.
Yes. It was dumb saying milk didn't get 30% more expensive in dollars in the past month but it surely did in past few years. This is what you get in Fiat standard.
💯
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If you've converted all your fiat into Sats just 5 days ago, evrything in your wider world might have become cheaper by at least 15%.
💯
I'm clear. There's no fucking Bitcoin price thing. If you're calculating Fiat to Bitcoin, it's a sin in itself.
Fiat gets a number because the governments attach to it.
Bitcoin gets its value by itself.
So, there's no need to attach a price tag with Bitcoin. Let it be 1sat=1Sat.
How many sats would it be reasonable to pay for a pack of hotdogs next month?
That's exactly correct, because the purchasing power of Bitcoin has increased quite a bit.
Rather than, as you said: "It's not that Bitcoin price is rising, it's that the fiat shit is decreasing its purchasing power."
And you mean that fiat is stable? It isn't volatile?
In the short term, absolutely.
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Alright. What about buying milk with Sats instead of Fucking shit?
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YESS!!!
One day Bitcoin will be worth $100M but by then the dollar will be a worthless unit of account anyways.
More like 10 sats buys one Big Mac
can't wait to buy a Big Mac with 10 sats!
view on www.youtube.comReady for my Royale with Cheese
Price action makes us riiiiiicher, bitch.
That's good. We need better command over material goods
Rich in what way?
Fiat?
shake my head, you are still learning.
Bitcoiners becoming more wealthy and thus acquiring more power in the legacy system is important.
Rich in the ways that matter in the current world.
In what way?
To be rich in USD and be left out of the rise?
Everyone talks like they are taking profit, but a majority of the bitcoiners are holding, not cashing out.
You don’t see rich people in USD having a lot of influence?
I’m not talking about selling, I’m simply talking about influence. You’re still rich in USD terms even if you don’t sell. Also, even if you’d sell, doesn’t mean you need to sell all of it.
The only reason people look to MSTR is because the price went up. That matters. They don’t need to sell for this effect.
Rich people do have influence, I am not saying they dont.
I think the power structure will be changing soon.
So bitcoin price in USD terms matters or not?
It only matters if you sell your bitcoin for USD.
If you are still holding it in bitcoin, its bitcoin.
this 👌
Nah, go read my shit
https://bitcoinmagazine.com/culture/bitcoin-price-action-does-matter
...or Frank Corva s newer spin on it
https://bitcoinmagazine.com/takes/bitcoins-price-does-matter-a-lot
I'm rich in how many tacos my sats can buy.
But what kind of tacos??
Tasty ones.
Baja fish tacos!!
🚀
This hurts 😂
The reply and answer I was asking for!!
haha
You could ask How much are sats worth to you?.
Literally only @sime or @fiatdenier replied with that answer!
Most said 1000 sats is 30 cents or they think like it’s a dollar.
My favorite is @nightsofbitcoin who said sats are worth more than children #221256
I did ask people to think about value and not exchange rate, so maybe there would have been more if I had posed the question less carefully.
Too smart for your own good. Should be more like someone I know who is a STUPID STUPID MAN
That was my first big post. It wasn't easy to get that kind of engagement back then.
Why not? Did u get better or did SN get more popular?
Pretty clearly the later.
*latter
😭😭
I feel like I like this graph better 😸
1 SAT = 1 SAT
let's keep moving forward 💪🤠⚡🍊
1 sat in the hand = 2 in the bush
Clever!
Good to hear that others things are reaching an all time high too. I just realized that, as of this week, I’m in “price discovery” mode with my cowboy hat. It is also now in the 80s!!!
Wow!!
1 sat = 1 sat
Right???
Ok. 1 sat = 1sat
Yes! what i was waiting for!
1 sat = 1 sat
The best answer!!
1 sat = 1 sat
1 sat = 0.0008 $hitcoin = 0.08 ¢enti$hit = 1 sat
1 Sat = 1 Sat confirmed.
1btc=1btc
Those are fighting words.