HanShan on Nostr: Even if you go through all of that, your base currency is still the USD. You're ...
Even if you go through all of that, your base currency is still the USD.
You're calculating everything back to the USD value of Bitcoin.
That is not a UoA switch.
I agree that this might be an interim step however.
Until we have small communities that can interact less with the fiat system and set prices directly in Bitcoin, the UOA doesn't start to change AFAICT.
Published at
2024-10-15 22:46:18Event JSON
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"content": "Even if you go through all of that, your base currency is still the USD. \nYou're calculating everything back to the USD value of Bitcoin.\n\nThat is not a UoA switch.\n\nI agree that this might be an interim step however.\n\nUntil we have small communities that can interact less with the fiat system and set prices directly in Bitcoin, the UOA doesn't start to change AFAICT.",
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