The point about holding purchasing power is just there because he quoted it. Amazing how fast maxis go there now that BTC is back at 60k.

There real point is just about the misunderstanding they make regarding UoA.

There are no Bitcoin denominated charts. Not as long as we are on a USD standard.

So they think they're making some poignant point about relative value.
When really they're just demonstrating how little they understand whst is being measured and how stuck in fiat thinking they are.

The actual point made with this chart is just "we've attracted 100x the fiat degen speculation"

Like
that's not the flex you think it is bro