Oddbean new post about | logout
 uh huh
tell yourself whatever you need to get through the day I guess

otherwise,
show your fucking work. anyone can talk shit.

doing division in your head doesn't change the unit of account.

you're dividing by USD *denominated* prices for gods sake. are you retarded? 
 But you're only doing this because everyone in the world is forced to be using USD.

If the free market took over, we would be doing this division with #Bitcoin

Do you get that simple fact, or are you retarded? 
 I never said anything about that.
Sure you might be right.

That would be a better world with MUCH more accurate pricing.

You can't price accurately on a fiat UoA.
Which is the point on the conversion and something bitcoin maxis agree with,

except when fiat charts confirm their perspective on the inevitability of Bitcoin.

*Those* charts are an extremely correct hard money measurement 🙄 
 Since value is subjective, the only way to truly know #Bitcoin is the true unit of account is to see that it takes less sats to buy things you normally buy over time