must be right.. right?!?!"
Little do they realize.. the VERY NUMBER they like is the FIAT number. The banker's number. The central banks can print cash all they want.
This is winning?!? REALLY?!
It makes no sense. The point was to entirely REPLACE that number with a different one!!
Bah!
Correct, but we don't have to miss the point, the purchasing power matters and we shouldn't ignore it completely. They are right about price, but they have been misleaded by speculation, the purpose of using P2P money is completely replaced by speculation via middlemen (exchanges) the scarcity is gone thanks to 100x leverage.
I think they’re wrong about price tbh. Leverage only creates a boom/bust cycle. The NgU mentality is a problem since there’s inherent risk there of it it going the opposite direction.
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