HanShan on Nostr: while you are correct that algebraically it cancels out, the reason I make the ...
while you are correct that algebraically it cancels out,
the reason I make the argument this way is because the chart is ALREADY usd denominated.
the BTC value is (BTC/USD)
the XMR value is (XMR/USD)
you are still using fiat equivalence to measure them against each other.
while you are correct, you could use anything
exchange charts use USD.
Published at
2024-09-05 23:21:41Event JSON
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"content": "while you are correct that algebraically it cancels out,\nthe reason I make the argument this way is because the chart is ALREADY usd denominated.\n\nthe BTC value is (BTC/USD)\nthe XMR value is (XMR/USD)\n\nyou are still using fiat equivalence to measure them against each other.\n\nwhile you are correct, you could use anything\nexchange charts use USD.",
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