Kanzan on Nostr: You have so-called Bitcoin Maxis who are trying to shit on Monero by showing USD ...
You have so-called Bitcoin Maxis who are trying to shit on Monero by showing USD denominated charts.
which *at best* only graphs speculative interest by Cantillionaires.
fiat valuation is either a bullshit metric
or it isn't.
it isn't a hard money chart because you divided by the current fiat valuation of BTC.
by your own statement there is no way to compare the two without being a fiat maxi, which is such a bad take, which is why i asked should i use hydrogen molecules.
regardless of what you say.
monero as priced in the shitty USD has lagged behind BTC priced in shitty USD.
i dont know how you square the circle of calling anyone using USD as denominator as a fiat maxi.
that is the world we live in right now.
you may not like it but that doesnt make it true.
bitcoin has appreciated more against the shitty USD than monero.
infact bitcoin has appreciated over 300% in shitty usd terms since the beg of '23
monero has barely appreciated 2%.
but onto the reall stuff. how do you evaluate an asset without being a 'fiat maxi'
Published at
2024-10-07 22:45:39Event JSON
{
"id": "e2a7ab6a1f934569d5a71e000d69964b8da42b7ce510ebe600e5672e27209697",
"pubkey": "f985d309197c805e1719c73185b574fc3ee407d7c1b6157dee99c6ace2599bbb",
"created_at": 1728341139,
"kind": 1,
"tags": [
[
"e",
"45ca1781bd3e9649cdeff18b63c5b6d4d4d103598bcc8467f61eef918a104c71",
"",
"mention"
],
[
"p",
"3c559080f647074a638e9cc6d4c487a06bfab810402aab9a6794fb49a053153e",
"",
"mention"
],
[
"q",
"45ca1781bd3e9649cdeff18b63c5b6d4d4d103598bcc8467f61eef918a104c71"
],
[
"zap",
"3c559080f647074a638e9cc6d4c487a06bfab810402aab9a6794fb49a053153e",
"wss://relay.damus.io/",
"0.9"
],
[
"zap",
"f985d309197c805e1719c73185b574fc3ee407d7c1b6157dee99c6ace2599bbb",
"wss://purplepag.es/",
"0.1"
]
],
"content": "You have so-called Bitcoin Maxis who are trying to shit on Monero by showing USD denominated charts.\n\nwhich *at best* only graphs speculative interest by Cantillionaires.\n\nfiat valuation is either a bullshit metric\nor it isn't.\n\nit isn't a hard money chart because you divided by the current fiat valuation of BTC.\n\nnostr:nevent1qqsytjshsx7na9jfehhlrzmrckmdf4x3qdvchnyyvlmpamu33ggycugppemhxue69uhkummn9ekx7mp0qgsrc4vssrmywp62vw8fe3k5cjr6q6l6hqgyq24tnfnef76f5pf320srqsqqqqqphmt7j4",
"sig": "ccac18fb106520a234d4a29d38f8e4ecc1536d73dc340c451a0412e25d9d67b710a086e103e9bfa29f1073e66a76c17de38a13633e0b3a8b7f3354d259167dbb"
}
