“My sats are worth more than some exchange says they are.”
— people who don’t understand supply & demand
Umm, what about the order book on every traded asset in existence? .. which constitutes the actual supply and demand and has about half of it at any given time comprised of individuals who think their asset is worth more than the last traded price.
- person who values his sats higher than the last traded price in Fiat currency.
- person who values his sats higher than the last traded price in Fiat currency.