fiddlehodl@nostrplebs.com on Nostr: thanks for posting. It's almost funny "...the focus has increasingly shifted to ...

thanks for posting. It's almost funny

"...the focus has increasingly shifted to Bitcoin as an investment asset promising high capital gains. Promoters of this investment vision put little effort relating Bitcoin to an economic function which would justify its valuation."

first, the concept of capital gains is so fiat

but mostly, these people are so removed from basic free-market understanding that they think someone needs to "justify" the valuation of an asset