calling them monies doesn't change anything its literally the amount of usd chasing Bitcoin compared to the amount of usd chasing xmr/gold/silver. that fiat trying to find a safe haven. how is that "unrelated to usd investment"? or you think the price increase in silver is because suddenly more people think its a better money? and that will change sometime in 2026? your graphs are primarily measuring relative fiat speculation.

Replies (2)

if we were to trade gold for bitcoin p2p the price would be the above just because the most liquid markets in the world are us denominated does not change that weird purity test
.'s avatar
. 2 months ago
I don't think of it as a purity test. I think hanshan has a unique insight into that usd is the unit in which all things are valued. The dollar value is what these charts still show.