Brother lay off the mushies, you are talking nonsense.
Let’s go back to 5th grade math. If you are running a 100 meter race, and you’ve already run 10 meters, then you are a 1/10 done. Not 1/10 meters, 1/10 of the distance.
You see, units cancel in the real world. You can change the unit of account to feet, and you’d still be 1/10. Inches? 1/10.
Did I dumb this down enough for you?
now if EVERYONE IN WORLD is measuring it in feet (a Unit of Account)
and you decide to measure it in meters
you haven't changed the unit of account.
Now they change the definition of "feet" to be 20% longer.
Six weeks later they change it to be 10% more than that.
then after a little while they ot goes down 7%.
So you adjust your "meters" 20% more
and 10% more
and 7% less
because the *underlying Unit of Account* has changed.
This is exactly what you're doing with the underlying US dollar price of Bitcoin in relationship to any other good you might name.
its true that the distance traveled (UTXOs) haven't changed
all that's changed is the arbitrary fiat assessment of "value"
which is the whole point of what I'm saying.
the yardstick is arbitrary bullshit.
Exactly. You understand the game, so why are you storing your purchasing power in monero?
Show me where I claimed I did or anybody should. I'll wait.
I'm just pointing out that it's a Fiat denominated graph.
(which is fucking elementary school math and it's unbelievable that it's turned into this kind of discussion)
Uh oh, you forgot that units cancel again
I hope you have someone to occasionally wipe the spittle off your chin
when the relative value of two things, as measured in US dollars, makes a graph. That graph is "denominated" in US dollars.
https://i.nostr.build/Q4fgRQItsSfexPfd.jpg
Yea they wipe my ass too.
When I check to see how much Monero I can buy with my bitcoin, I’m denominating Monero in Bitcoin. Where’s the fiat?
lol I tried send you some sats to pay them with
the only reason you can make the conversion BTC->XMR
or to whatever
is because you have an underlying UoA denomination to compare them with.
its the US dollar.
it denominates everything.
you are comparing
two USD denominated prices.
the price of one thing.
as measured in USD.
against.
the price of another thing.
as measured in USD.
fiat graph.
Can you tell us how many Monero can be purchased with 1 Bitcoin? Now can you tell us WHY you can buy that many Monero for that amount of Bitcoin? How do they calculate how much Bitcoin is worth in Monero?
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