Bitcoin to Fiat Converter

Many people, including Bitcoinres, still look at the protocol in fiat terms. But looking at Bitcoin through the fiat lens is profoundly misleading; just look at the difference prices for 1 bitcoin in the following currencies today:

Prices sourced from the coinbase.com and rounded off for legibility.

This simple comparison shows how deceptive it can be to measure value in fiat; as Jeff Booth aptly says: “money is supposed to be a measure of value, not increase in price.”

Money, in its essence, is simply an idea—a social contract that relies on trust and mutual agreement. When we peel back the layers of what money represents, we find that it’s just pieces of paper (or digital numbers) that have been assigned “value” by governments.

These notes, derived from trees, are merely symbols that represent our trust in the economic system. The belief that these pieces of paper can be exchanged for goods and services is what gives them value. But this value is subjectively manipulate through money printing that leads to inflation and the siphoning of our life force energy.

Fiat will constantly increase in units through manipulation via money printing, further disconnecting money from its fundamental purpose of measuring value. Bitcoin, however, can never grow in units providing us a true global free market where prices fall.

Bitcoin is freedom ✨