True. If you want to measure Bitcoin as an asset class, you can do that.
My main point with regard to gladstein (nprofile…89xw) s note is that price-related metrics in general are the wrong focus.
He described Bitcoin as "A leaderless decentralized cypherpunk open source software project that secures property rights and free speech for anyone and destroys central banking and financial censorship". If that's what you care about in Bitcoin you should be looking at other metrics than market cap. IMHO focus on market cap or price and NGU mentality are one of the biggest threats for Bitcoin at the moment. They are delusionary and allure many people to follow the wrong leaders for the wrong reasons.
JuAnHu
npub1j3…gqc80
2025-05-22 11:09:06
in reply to nevent1q…e8ua
Author Public Key
npub1j35xev4h2z4wqtdugjtjtt9a2fwld4fsxk0w0fwce3g8gcy3w8aqagqc80Published at
2025-05-22 11:09:06Event JSON
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"content": "True. If you want to measure Bitcoin as an asset class, you can do that.\n\nMy main point with regard to nostr:nprofile1qqs9336p4f3sctdrtft2wlqaq5upjz9azpgylhfd3dplwf005mfrr9spzamhxue69uhkummnw3ezuendwsh8w6t69e3xj7spz3mhxue69uhkummnw3ezummcw3ezuer9wcq3qamnwvaz7tmwdaehgu3wwa5kueg6g89xw s note is that price-related metrics in general are the wrong focus. \n\nHe described Bitcoin as \"A leaderless decentralized cypherpunk open source software project that secures property rights and free speech for anyone and destroys central banking and financial censorship\". If that's what you care about in Bitcoin you should be looking at other metrics than market cap. IMHO focus on market cap or price and NGU mentality are one of the biggest threats for Bitcoin at the moment. They are delusionary and allure many people to follow the wrong leaders for the wrong reasons.\n",
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