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0 sats \ 1 reply \ @flat24 15h \ parent \ on: Saying 1 btc = 1 btc when fiat price goes down is stupidity/cope bitcoin
You apologize, but I think this is a mistake, I don't need to do that. It is enough for me to know that now I must measure in Sats how much of milk per week or approximately spending spending, and that today with the same amount of Sats that last year I buy at least twice the same product in this case two milks.
I generally agree with what you're saying.
My original point was that in a similar way (using your example) when the USD price of bitcoin got cut by 75% a few years ago, I could purchase 75% less milk with my sats.
So while 1 bitcoin = 1 bitcoin, it does not always equal the same amount of milk. And milk is priced (across most of the world) in a local fiat currency, not in sats.
Therefore we are forced to do the mental math of converting sats to fiat to milk. And that is why the sats to fiat exchange value matters a lot, particularly if most of one's networth is in bitcoin.
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