Coin-based thinking (2)

it works

I once wrote an article on currency-based thinking . The main point is that everyone is currency-based, but everyone’s currency is different, and this currency is closely related to life scenarios and needs . I use TWD every day, TWD is useful to me , so it's hard not to think in TWD. It is difficult to measure the value of the currency without using the US dollar to buy cryptocurrencies. If it is the US dollar standard, in 2020/03, one ether is 385 US dollars, and today it is about 4500. Such a currency price trend will definitely make you unable to buy it! The main reason is ↓↓↓↓↓

Do you think fiat currency is useful

useless

The main reason why I feel that the current ether is expensive corresponding to the legal currency and is reluctant to buy it is because ↓↓↓↓↓

You think ether is useless

If there is something you want to buy today, and it is priced in ether, then ether will be "useful" and can be used to buy that thing you want. Converting the price of ether into fiat currency and then re-evaluating it, it will be converted like this, which actually means that you don't really want that thing!

Recently, NFTs are getting more and more popular. NFTs with pictures (or even graffiti) are really not attractive to me at all, but if that picture NFT is just a ticket to a certain community or the future business potential behind it, there will be drama. Now! NFT still needs ether to mint (casting, that is, to make NFT), so if I really want that NFT, then the usage scenario of ether will exist. If such a demand becomes daily, then It's understandable why some people don't care about the price of the currency (relative to the price of the fiat currency), just the quantity😎