no you can't
because the price is still measured is USD
doing division doesn't change the UoA.
I agree that it measures "market sentiment"
with the provision that "the market" is mostly Blackrock and VC money.
I'm not saying it measures nothing
I'm just saying it's not the gotcha you seem to think it is.
to my view
(and frankly the cypherpunk view)
having those institutions involved is *at best* irrelevant
and probably a detriment.
Kanzan
npub1lx…6svxa
2025-03-25 00:48:21
in reply to nevent1q…jgke
Author Public Key
npub1lxzaxzge0jq9u9cecucctdt5lslwgp7hcxmp2l0wn8r2ecjenwasu6svxaPublished at
2025-03-25 00:48:21Event JSON
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"content": "no you can't \nbecause the price is still measured is USD\n\ndoing division doesn't change the UoA.\n\nI agree that it measures \"market sentiment\"\nwith the provision that \"the market\" is mostly Blackrock and VC money.\n\nI'm not saying it measures nothing \nI'm just saying it's not the gotcha you seem to think it is.\n\nto my view\n(and frankly the cypherpunk view)\nhaving those institutions involved is *at best* irrelevant \nand probably a detriment.",
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