JackTheMimic on Nostr: This isnt a security. Money is a technology, a tool. It does not have profit loss ...
This isnt a security. Money is a technology, a tool. It does not have profit loss analysis, it has the utility of maintaining wealth over time by a demand curve that grows exponentially against a fixed supply. A price in USD as long as it is a rational number is evidence of the ignorance of value analysis. The problem with bad value analysis is it makes you poor, and being poor is dangerous.
Here's a better analysis: The moment someone producing real value prices their good or service into Bitcoin, you see price escalation. I.e. when Tesla briefly priced cars in BTC.
Published at
2025-02-08 16:06:55Event JSON
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"content": "This isnt a security. Money is a technology, a tool. It does not have profit loss analysis, it has the utility of maintaining wealth over time by a demand curve that grows exponentially against a fixed supply. A price in USD as long as it is a rational number is evidence of the ignorance of value analysis. The problem with bad value analysis is it makes you poor, and being poor is dangerous. \n\nHere's a better analysis: The moment someone producing real value prices their good or service into Bitcoin, you see price escalation. I.e. when Tesla briefly priced cars in BTC.",
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