I'm not an expert, frankly I don't even have a passing knowledge of how to value currency. My "string of criticisms" is actually one probative question: How does transaction volume imply a given value of a unit of currency?
Obviously an increase in transaction volume increases the value of currency. What is not obvious, at least to me, is that it is in direct proportion.
Obviously an increase in transaction volume increases the value of currency. What is not obvious, at least to me, is that it is in direct proportion.