Thread - Nostr Hypermedia

Hanshan hanshan@hanshan.io 11 months ago

ROI just means you buy a thing at a price point you sell it at a different price point you time that sale so the difference is the highest positive number possible its gambling and i dont have time for that. people USE Bitcoin for stuff. MoE is "medium of exchange" ie they buy shit with it. nobody USES doge for anything. your entire "use" is simply getting more fiat in the future. which is fine, i just personally dont care.

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Replies (2)

🇵🇸 whoever loves Digit 11 months ago

So you're saying this whole conversation boils down to you misunderstanding the term ROI. You have it wrong. Buying something to sell it later is called "flipping." ROI is just the measure of results in any attempt to convert value at one time into more value at a future time.

2 replies ↓

Kayne kayne@nostrcheck.me 8 months ago

I know a guy in real life that uses the dogecoin like for tax avoidance type stuff, he uses it to buy gift cards, gift cards for pretty much anything, grocery shopping online games utilities etc.