HanShan on Nostr: no you can't because the price is still measured is USD doing division doesn't change ...

no you can't
because the price is still measured is USD

doing division doesn't change the UoA.

I agree that it measures "market sentiment"
with the provision that "the market" is mostly Blackrock and VC money.

I'm not saying it measures nothing
I'm just saying it's not the gotcha you seem to think it is.

to my view
(and frankly the cypherpunk view)
having those institutions involved is *at best* irrelevant
and probably a detriment.