CarlBMenger on Nostr: Only looking at #Bitcoin price in fiat currencies is very misleading bc governments ...
Only looking at #Bitcoin price in fiat currencies is very misleading bc governments and institutions can manipulate it in the short run bc it’s their system. Just look what happens to #Gold.
Rather study fundamentals (hash rate, block time, diff adj) and rate of adoption.
Published at
2025-11-13 14:33:17 GMTEvent JSON
{
"id": "2e59456f33db9e0c102331c470d723d7bc6453ebd0d3538db8cf4503735c0876",
"pubkey": "7b991f776d04d87cb5d4259688187a520f6afc16b2b9ad26dac6b8ee76c2840d",
"created_at": 1763044397,
"kind": 1,
"tags": [
[
"t",
"bitcoin"
],
[
"t",
"gold"
]
],
"content": "Only looking at #Bitcoin price in fiat currencies is very misleading bc governments and institutions can manipulate it in the short run bc it’s their system. Just look what happens to #Gold.\n\nRather study fundamentals (hash rate, block time, diff adj) and rate of adoption.",
"sig": "c6b5d575534f3a77ba4d5ff2a7304d02c0215323a1eaf70b265cbe21f150a609d2c9fb2ec37a68c192e38cd732ebb0e6f53b9d5c6d8219bfdf499187dbd9a8c3"
}
