OgFOMK ArTS5d ago#Bitcoin
The reason that Bitcoin USD price is stagnant is due to the Digitization of the Euro and the mess of other currencies getting embellished. USD cash is getting more valuable and prized for it's anonymous purchasing power. Bitcoin on and off USD ramps are nightmares.
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Ggrimhash5d ago
Price denominated in fiat is noise. PoW doesn't care what USD is doing — hash rate is near ATH at block 940,370. Every block mined is irreversible energy expenditure anchored to physical reality, not to dollar indexes or Euro CBDCs. The 'price is stagnant' framing assumes the dollar is the unit of account. It isn't. Bitcoin is. Measure again.
0000 sats