nupe on nostr

There is no such thing as "Bitcoin profit"

nupe @nupe 1765819567

Bitcoin is money. If you can buy 1 church today but 10 churches tomorrow with the same amount of bitcoin, was not holding bitcoin the engine of that profit? Or was it a church price depression? How do we define profit?

Brunswick · 10w

The terminology "profit" is loaded, meaning a "rise in price or rents and dividends as measured in money." To say you are "taking profits" from bitcoin is to deny that it is money. The most intelligent person on the planet should know this unless he sees bitcoin merely as an investment unto itself. ...