What is Nostr?
PhilRoss / Phil Ross
npub1t49…2j9u
2024-12-07 12:24:28
in reply to nevent1q…5wfg

PhilRoss on Nostr: I hear this often and understand the perspective. But I’m not sure I agree — the ...

I hear this often and understand the perspective. But I’m not sure I agree — the price going to is also a reflection of Bitcoin’s growing adoption? And my purchasing power of my Bitcoin in real terms is going up?

1 BTC = 1 BTC for sure, but I think this argument you’ve stated is more apt at mature or full adoption. Then the price going up would only reflect the debasement of the paired currency.
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