"purchasing power" is denominated in the UoA. the UoA is *what prices are denominated in* (ie the US dollar).
Therefore I have more purchasing power than when I bought.
you dividing a fiat price by the fiat price of Bitcoin doesn't change the UoA.
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Replies (7)
the chart is USD denominated.
YOU brought it up, you just didn't understand it was fiat denominated.
that's all that happened here.
DAMMIT YOU ARE RIGHT, I HAVE BEEN ARGUING THE SAME POINT WITH THAT DUMB CHART SO I JUST FIGURED YOU ARE ANOTHER DRONE THAT I CAN LAZILY OWN. BTC IS AN AMAZING STORE OF VALUE.. YOU CANNOT DENY IT. IT JUST MAKES NO SENSE TO HOLD MONERO UNLESS YOU ARE SPENDING IT.... BUT AGAIN GOOD LUCK, I MEAN IT THIS TIME
when did I argue BTC wasn't a good store of value?
are you ok?
YOU DIDNT, YOU SAID THAT MONERO WAS A GOOD ONE. IM TELLING YOU BITCOIN IS BETTER
that's cool.
if you're into fiat NGU anyway...
NO.. IM INTERESTED IN BUYING THINGS WITH BITCOIN AND PRESERVING MY EARNINGS
thats great.
my bitcoin stack is probably up a little more in USD terms than my monero stack.
but not so much that I'm going to do anything differently 👋