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2025-12-30 15:39:48 UTC

Hanshan on Nostr: hard truth: your "unit of account" is NOT bitcoin ...

hard truth:
your "unit of account" is NOT bitcoin
if a 2010 Toyota Camry is $6,000 and a Bitcoin is $87,000
then it is .069 Bitcoin (nice) per Toyota Camry.
.069 BTC/Camry

look ma! I eliminated US dollars and am on a Bitcoin standard!

no you dumbass **USD is how you got that proportion**
that number (.069 BTC/Camry) is USD DENOMINATED

there are NO Bitcoin denominated prices.
ALL prices and price charts are USD denominated as long as USD is the unit of account.

bitcoiners do not understand unit of account.
it does NOT change because you do division.
#bitcoin

cc
#bitcoin