anita on Nostr: So monetary fiat inflation is mirrored in the price uptick of bitcoin and at the same ...
So monetary fiat inflation is mirrored in the price uptick of bitcoin and at the same time more demand for BTC and supply reduction will lead to higher price of bitcoin. Is that right?
How do we actually measure the value of Bitcoin? I mean value as usefulness for people. It’s expressed through more demand, right?
I think we need to have another conversation on my podcast 😉
Published at
2023-11-16 08:22:07Event JSON
{
"id": "1d5effe643ae9687f5b81482e0faff1516d5281ab73e564b22a4db25daf50884",
"pubkey": "5cad82c898ee66013711945d687f7d9549f645a0118467dae2f5e274c598d6ff",
"created_at": 1700119327,
"kind": 1,
"tags": [
[
"e",
"4f262637994f7f5fc794bb68b390cc49ce5acc1db49c56fd717d13a75ec0bd6c"
],
[
"p",
"eab0e756d32b80bcd464f3d844b8040303075a13eabc3599a762c9ac7ab91f4f"
]
],
"content": "So monetary fiat inflation is mirrored in the price uptick of bitcoin and at the same time more demand for BTC and supply reduction will lead to higher price of bitcoin. Is that right?\n\nHow do we actually measure the value of Bitcoin? I mean value as usefulness for people. It’s expressed through more demand, right?\nI think we need to have another conversation on my podcast 😉",
"sig": "09136e216ae6f8eb581df4d96c8f369dd6370664bfd1f6842ee95f07204e20326e88d2f5e78488dd12f0c1868a0d847d8a5a7f8a5ef5225f48d080e67e66bd69"
}