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.
falsefaucet's avatar falsefaucet
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'
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Okay so once again I pose the question if I can't compare BTC/USD and xmr/USD to show how one is out appreciating another. Or you don't like xmr/BTC cause the BTC price is based in usd. How do you compare two assets? Btw fuck Bitcoin magazine and David Bailey. Fuck those fuckin fucks
The thread is just about the hypocrisy of Maxis using USD-denominated measurements when it suits their narrative, but shitting on fiat measurements the rest of the time. I was shocked to learn that they, in fact, don't understand unit of account at all. oh and how does Bitcoin magazine play into it?