{"id":483059,"date":"2023-03-10T12:23:58","date_gmt":"2023-03-10T17:23:58","guid":{"rendered":"https:\/\/erickimphotography.com\/blog\/?p=483059"},"modified":"2023-03-10T12:31:41","modified_gmt":"2023-03-10T17:31:41","slug":"what-is-1-bitcoin-worth","status":"publish","type":"post","link":"https:\/\/erickimphotography.com\/blog\/2023\/03\/10\/what-is-1-bitcoin-worth\/","title":{"rendered":"What is 1 Bitcoin Worth?"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">1 Bitcoin is worth 1 Bitcoin.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">My thought:<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"wp-block-paragraph\">Perhaps the upside of Bitcoin and crypto is the fun ability to trade *within* the whole crypto universe.<\/p>\n<\/blockquote>\n\n\n\n<p class=\"wp-block-paragraph\">For example, let us say you got a bunch of Bitcoin, and want to trade it for <a href=\"https:\/\/chain.link\">ChainLink<\/a> instead.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For example, rather than always trying to peg the price of bitcoin, or other crypto currencies to the US dollar, perhaps a more productive way to think about simply pegging the cryptocurrency asset to bitcoin instead.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Well, think about the cryptocurrency asset, how many bitcoin is it worth?<\/p>\n","protected":false},"excerpt":{"rendered":"<p>1 Bitcoin is worth 1 Bitcoin. My thought: Perhaps the upside of Bitcoin and crypto is the fun ability to trade *within* the whole crypto universe. For example, let us say you got a \u2026<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"jetpack_seo_schema_type":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_ek_photo_artist_note":"","_ek_photo_thesis":"","_ek_photo_camera":"","_ek_photo_place":"","_ek_photo_human_moment":"","_ek_photo_sequence":"","_ek_photo_question":"","_ek_photo_canonical_claim":"","_ek_photo_ai_summary":"","_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[17],"tags":[],"class_list":["post-483059","post","type-post","status-publish","format-standard","hentry","category-posts"],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/posts\/483059","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/comments?post=483059"}],"version-history":[{"count":6,"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/posts\/483059\/revisions"}],"predecessor-version":[{"id":483069,"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/posts\/483059\/revisions\/483069"}],"wp:attachment":[{"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/media?parent=483059"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/categories?post=483059"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/tags?post=483059"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}