mar 🇺🇲🇨🇦 on Nostr: If I buy one if your paintings and hang it on my wall. If Bitcoin goes up it doesn't ...
If I buy one if your paintings and hang it on my wall. If Bitcoin goes up it doesn't mean your painting is worth more.
Let's say I paid 500USD in Bitcoin for a painting and Bitcoin goes up. Your painting doesn't go up with it.
The value of your painting will stay at 500USD. Depending on who wants to buy it. I might not even be able to sell it at 500USD if there is no demand from anyone to buy it.
Why would anyone buy your paintings from me, a lot more than what I paid.
Published at
2024-10-29 04:43:53Event JSON
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"content": "If I buy one if your paintings and hang it on my wall. If Bitcoin goes up it doesn't mean your painting is worth more. \nLet's say I paid 500USD in Bitcoin for a painting and Bitcoin goes up. Your painting doesn't go up with it. \n\nThe value of your painting will stay at 500USD. Depending on who wants to buy it. I might not even be able to sell it at 500USD if there is no demand from anyone to buy it. \n\nWhy would anyone buy your paintings from me, a lot more than what I paid. \n\n",
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