if a 2010 Toyota Camry is $6,000 and a Bitcoin is $87,000
then it is .069 Bitcoin (nice) per Toyota Camry.
.069 BTC/Camry
look ma! I eliminated US dollars and am on a Bitcoin standard!
no you dumbass **USD is how you got that proportion**
that number (.069 BTC/Camry) is USD DENOMINATED
there are NO Bitcoin denominated prices.
ALL prices and price charts are USD denominated as long as USD is the unit of account.
bitcoiners do not understand unit of account.
it does NOT change because you do division.
#bitcoin
Hanshan
hanshan@hanshan.io
npub1lxza...svxa
People improve through making mistakes.
Free people make their mistakes faster.
Nostrich since 761114.
even otherwise intelligent people will believe you can get rid of fiat measurements
by dividing a USD price by another USD price
because "it cancels out in the equation"
Bitcoiners dont understand Unit of Account.
#bitcoin
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fuck yeah ๐ค
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I was always confused by these people.
like they're NOT using fiat right now ๐คฆ
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