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9 sats \ 3 replies \ @rebel_nomad 1 Feb \ on: The base layer is cheap and quiet... AskSN
Its quiet before the storm hits...
Will fiat go up or down relative to Bitcoin? No idea, although logically it should crash...
But then the universe it not always rational!
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0 sats \ 0 replies \ @028559d218 17h
The 'exchange rate' of Bitcoin is not the important thing. The important thing is the efficiency, privacy, safety, and continuity with which Bitcoin is actually used in the real economy for better goods and services.
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0 sats \ 0 replies \ @tomlaies 1 Feb
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0 sats \ 0 replies \ @catdaddysoprano OP 1 Feb
Bitcoin's gains priced in fiat isn't necessarily the asset becoming more valuable (though it is).... it's also the currency you're measuring it in being debased.
Short term will fluctuate. Long term is a foregone conclusion. 🙇🏻‍♂️
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