I mean like it or not, the dollar is still what we use to measure bitcoins relative success. Maybe we should be measuring something else against it. 2012: 1 btc =2 bigmacs. 2020: 1 btc = 1900 bigmacs. 2026: 1 btc = 15,900 bigmacs
mpm206 on
The dollar price is a decent proxy for “how much to stuff can I get for 1 BTC”.
andys811 on
I get paid in fiat. So the fiat price is what determines how much Bitcoin I can get with my toilet paper. Idk how that makes me a fiat maximilist
5 Comments
Preach it brother.
Amen
I mean like it or not, the dollar is still what we use to measure bitcoins relative success. Maybe we should be measuring something else against it. 2012: 1 btc =2 bigmacs. 2020: 1 btc = 1900 bigmacs. 2026: 1 btc = 15,900 bigmacs
The dollar price is a decent proxy for “how much to stuff can I get for 1 BTC”.
I get paid in fiat. So the fiat price is what determines how much Bitcoin I can get with my toilet paper. Idk how that makes me a fiat maximilist