Imagine the length of the meter decreasing year by year and as a consequence the size of everything you own getting smaller. This is exactly what is happening with your wealth due to the decreasing "size" of the unit of fiat.
🔔 This profile hasn't been claimed yet. If this is your Nostr profile, you can claim it.
Edit
Imagine the length of the meter decreasing year by year and as a consequence the size of everything you own getting smaller. This is exactly what is happening with your wealth due to the decreasing "size" of the unit of fiat.
Value is subjective, but Bitcoin as the only reliable metric to measure value with is objective.
When you want to invest you have to compare price and value. You can see the price, the value you have to measure. When it comes to Bitcoin the problem is, that it is the only reliable metric to measure value with. What now?
I am referring more to the fact, that if value has to be quantified it has to be done so in a reliable metric and the only reliable metric is Bitcoin. Generally price is what you pay (or give up), value is what you get.
All the wannabe bitcoiners who are still using fiat as the basis of their economic measuring, calculating and decision making are like alcoholics talking about quitting drinking yet drinking all the time.
Imagine everybody using broken scales. Would you use broken scales as well? Would your reasoning for using broken scales be that everybody uses them? Exactly. So why are you using broken economic scales - fiat?
It's a logical trap. Does the fact, that our expenses are expressed by others in fiat mean that we have to think in fiat? It is totally up to us
On a mission to converting you from fiat to #Bitcoin☀️ #BitcoinMindset Sharing my journey along the way 🧡☮️ twitter.com/rolandkovacs68