toxicbitcoiner on Nostr: It’s tone deaf to say the fiat price doesn’t matter, to denounce Bitcoiners who ...

It’s tone deaf to say the fiat price doesn’t matter, to denounce Bitcoiners who value Bitcoin relative to “infinite worthless pieces of paper” and say they don’t understand Bitcoin. Yes, Booth is technically correct with this and in the long run it will be proven correct, but it’s too smart by a half because the day-to-day fiat price determines how much food and energy you can buy today.

If you have such a massive stack like Booth, such that fiat prices have no effect on your food, energy, etc, then god bless. But not everyone does and so for them, the fiat price changing does meaningfully affect their quality of life.