@Pazi3 The financial world calculates in the world's reserve currency - and that is the Dollar🤷♂️ However, Bitcoin shows very nicely how nonsensical it is to use fiat currencies as a measure of value. It's as if the meter stick was constantly getting longer while you were measuring your home. And by the time you get to the furniture store, the length has already doubled again😂 Bitcoin is the yardstick of the future. The "original meter" of money😁
@stefan_21 I see it a little differently 😉 Currency is just a commodity.
You always need a reference value.
Stupid example: Today you can exchange e.g. a sausage roll for a tennis ball, but in 2 weeks people will be hungrier, so you have to hand over 4-5 tennis balls to be able to exchange a sausage roll.
No currency can be 100% stable in value, as the "exchange goods" are constantly changing in value.
@Pazi3 Every currency is ultimately just a commodity - I agree :) But we don't yet have a commodity that represents a suitable reference value for pricing. How does the market want to determine prices in a commodity that is constantly being expanded?
Bitcoin is precisely this reference value. In a world where everything is constantly expanding in quantity, Bitcoin remains absolutely scarce. That's why it makes more sense to measure against Bitcoin rather than, for example, the US dollar :)
@Portfoliopferd Correct - that's why I also meant "value benchmark of the future". Bitcoin is currently at least the asset with the highest S2F ratio, which is why it is already the best reference value we have :)