Damus

Recent Notes

ODELL profile picture
you just described liquid markets

bitcoin is my unit of account

the most liquid markets in the world right now are usd pairs
ODELL profile picture
people trade btc and gold p2p

the most liquid markets are in usd

people trade btc and xmr p2p

the most liquid markets are in usd
ODELL profile picture
you can translate relative value between liquid markets

what pairs those markets trade in is irrelevant

most xmr and btc is traded against usd

there is still an exchange rate between the two that is irrelevant of usd
ODELL profile picture
its retarded semantics

“most xmr is traded against usd, so if you use xmr to buy things you only care about fiat price”