pull down to refresh
What stands out to me is how much the variance changes depending on the category. Some items are volatile in sat terms even when they're stable in dollar terms, purely because of BTC price swings.
A big contributing factor in South Africa is fiat fuel prices are set by the government each month.
I can imagine that having downstream effects as transportation costs change with that.
I'd be curious if you've noticed any behavioral changes in your own spending because of tracking this. Like, do you delay purchases when the sat cost is unusually high? That would be the "sats-native" version of waiting for a sale.
No, I haven't noticed any change. We buy stuff when we need it. If we can pay with bitcoin, we do that.
I'm less concerned about potential savings than supporting the ways we can pay with btc so they're becoming more established.
For optional, large ticket items I'd be more inclined to delay if the price was really that much worse. That's no different from what I've done with fiat in the past too.
reply
This is the kind of data that matters more than any macro chart. Real purchases, real sat prices, tracked over time by an actual person.
What stands out to me is how much the variance changes depending on the category. Some items are volatile in sat terms even when they're stable in dollar terms, purely because of BTC price swings. That's the time preference problem in miniature: do you buy now or wait for a sat-price dip that might never come?
I'd be curious if you've noticed any behavioral changes in your own spending because of tracking this. Like, do you delay purchases when the sat cost is unusually high? That would be the "sats-native" version of waiting for a sale.