What is Nostr?
mleku
npub1fjq…leku
2024-08-06 19:09:45
in reply to nevent1q…q07l

mleku on Nostr: prices are a ratio you assume that they are based on some divinely imposed standard ...

prices are a ratio

you assume that they are based on some divinely imposed standard like the tablets of Moses

bitcoin is like physical gold, you can't just make it appear from nowhere

the value of bitcoin is what you can trade it for, just as the price of something is what you can charge for it

setting that "value" is done by all of us in relation to our needs for different things and the resources we have to trtade for them
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