14H·

Please go on...

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10 Comentários

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If BTC only reaches ATH in USD, wouldn't that actually mean that the USD is simply falling?

BTC should also achieve an ATM in euros so that we can speak of a "high", right? 😅
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@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😁
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@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.
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@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 :)
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@Pazi3 The USD has reached an all-time low, as @stefan_21 likes to say 😂
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@stefan_21 I'm with you on that😉
It would also make sense to base everything on gold. Gold is not fungible, but it would be conceivable.
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@Psychedelic_Sunflower collect & sell USD directly as soon as they pick up speed again😂😂

Like a meme coin hald😂
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@Pazi3 No, a shitcoin like that won't be in my portfolio😄
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@stefan_21 btc is also constantly expanding, the miners want to be paid. We only reached the 21 million mark in 2100.
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@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 :)
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