Why is BTC more sensitive that Gold in terms of market cap? For eg Mark Moss says BTC goes up $9 for every $1 that comes in. Some others say 4/5 per $1 in market cap.
But what is the reason for this? I assume it's because BTC is a more diff asset to increase the supply of ie more 'hardened' and therfore more secure in fiat monetary problematic times.
Is this correct in your opinion or another reason?
#asknostr #macro #politics #economics #plebchain #btc #gold #bitcoin #nostr
Sometimes one knows exactly what they want to do do, how to do it, & why
But then a hundered reasons crop up to getting in the way
How do you handle this? I am not entirely sure, given we’re creative beings
But really, truly, focusing, seems to be the way to go
💪🏻