Dan Romero
@dwr.eth
The price of a crypto asset matters if you own it already. It doesn't matter if you don't own it. It's downstream of market cap.
17 replies
33 recasts
177 reactions
Dan Romero
@dwr.eth
Hypothetical (unlikely to happen) -- Bitcoin does a 2:1 stock split. There are now 42 million BTC. Everyone 2x their balance. The price is now 50% lower but the market cap stays the same.
7 replies
13 recasts
64 reactions
Koolkheart
@koolkheart.eth
A $2.23 XRP doesn't mean it's cheaper than a $606 BNB. Different supply, different math.
0 reply
0 recast
0 reaction