I am the same. I subconsciously think a sat is a penny.

I value sats as their current exchange rate rather than anticipated value.

i like to add one extra zero to the exchange rate for simplicity, so 10x their current value

I always look at a sat as a dollar, and sometimes 100 dollars if I'm thinking on lightning.

I find I'm more likely to accept one free sat than I am to pick up a penny on the sidewalk. Swap the penny for a quarter and maybe I'll bend over for it.

I am starting in this world of BTC and crypto, maybe that’s why I jump for joy every time I receive a few sats in my wallet. For me, it’s worth knowing that I’m using a revolutionary technology that few people use, and that will end up being accepted and adopted by the majority… But for now, I feel like a pioneer, and besides, I’m 53 years old… It’s never too late!

I value sats higher than children.

Quite a bit.

If BTC is a measurement of energy. Then 1sat/min out of fountain for 1hr a day. Means my energy for that hr is worth 60sats. That's not a lot. So to me, it's worth quite a bit as it represents my time and energy, which I value quite highly.

Slowly coming along and trying to embrace that Value4Value mentality, it is a slow progress from a century of fiat slavery :-) but I'm trying to turn of that mental calculator.... getting there methinks...

I don't have an actual number but I sure treat them as if they have a much higher value than the current exchange rate.

Mentally I do 1,000 sats = 30 cents. Yes I am boring

tbh, my mental exchange rate is 1,000 sats = $1 so 1 sat is like 1 Korean Won I think

It seems like I treat anything less than 1000 sats as not worth thinking about which feels similar to my feelings about $0.25.

1sat=1sat

For the sats that I do spend, I see it as 19k sats = $10 supermarket gift card from Bitrefill

This $10 may not seem a lot but it means the world to me because it reflects how Stackers have zapped my writing. I’m a paid content creator! (I mean, I stack sats from other sources like fountain but the process is painfully slow, if you get what I mean.) Also, that $10 is used to buy milk powder (to make my wife happy), beer (to make myself happy) OR titbits (to make my son happy). In short, sats are my happy money (earned mostly from writing) that I use as happy money (to yield joy for me and my family)

I value sats as EXTREMELY valuable. On Monday, after I had stacked enough sats, I finally used my 1M sats to open a LN channel (very first one). I was so excited and I noticed that I said to my wife "Baby! I'm a millionaire!". Of course my wife, knowing the current Bitcoin value thought "I swear to God, this dude is insane.." but I have to say the millionaire feeling is very relaxing and reminding me that 1BTC = 1BTC, forever. It's future-proof to me so I never have enough. Honestly, I don't think about Bitcoin hitting $1M, if it does, it does, but I'd rather focus on saving for my future self and the true value is stuck inside me. I'm VERY specific about things I buy and I also want everything in Lightning now. I mean just imagine yourself being a millionaire because you bought Bitcoin. Most folks rather play the lottery.. That's nuts!

My mindset is that sats are priceless. Up and to the right as they say. 500 sats is about .35 USD today, but a 10x, 100x, or 1,000x in the future for the work of yesterday unlocks infinite possibilities!!! 🚀

If 1 sat is ever 1 USD, then wouldn't we pay a lot in fees (in fiat terms) to spend them? Is it possible to pay less than 1 sat for a LN transaction?

1 dollar is about 3300 sats. 1 take 100 and divide it by 30.

Which currencies of which countries in the world have an exchange rate that is worst than that? Venezuela, Zimbabwe. The sat is already competing with those currencies and has a better value.

If Bitcoin 10x 1 dollar is 330 sats.

Which currencies of which county in the world has an exchange rate worse than that? The sat will then compete with them. Cause the sat will be stronger.

If it 3,3 x again 1 dollar is 100 sats.

At that time I see some countries be in problem. Caribbean countries that I know.

Because 1 usd is around 100 -150 Jamaican dollar. It has been fluctuating around that rage.

So at that time 1 sat is 1 Jamaican dollar. Or more than 1 Jamaican dollar.

There are many currencies where 1 dollar is 100 of that currency.

So the moment bitcoin hits 1 million (10 x and then 3.3 x) 1 sat will be competing with all those currencies.

So I don’t only look at the dollar. I look at all the other currencies that have an exchange rate of 1 dollar is 100 x that exchange rate like Jamaica.

The sat is like a black hole sucking energy of all currencies that are not as strong as it.

As long as fiat continues to be printed by the central bank this will continue.

As a matter of fact the sat will be increasing in value against everything that can be printed easily, 1 hour of netflix, 5 minutes of song, 1 page with words (chat gpt can print this easily).

That is the trend!

I usually convert SATS to the most inflated fiat currencies, like Sierra Leonean Leone (SLL), so 1 SAT is huge and equals = 6.06 SLL! 😆

Here's a good tool from Coinbase to covert SATS to different fiat currencies: https://www.coinbase.com/converter/sats/usd

If the Bitcoin accepted as World currency the 1 Satoshi price would at least 1000x value of the US dollar.

When I'm on sites that allow me to zap, I treat them as pennies But when I'm earning sats (hodl mode activated), I treat each sat as a dollar

For me is 1 SAT = 1 cent in local currency which equals to ~0,0005 $ :)

I count it as an euro too 1sat/1€

So there is the opportunity to exploit this.

I can put a bounty on something here on SN with 50,000 sats as the bounty, and you Kool aid drinkers will (collectively) spend hours and hours trying to earn those sats because you believe this 50k says to be a handsome prize, worthy of the s(not significant) investment of your time.

And I didn't even spend $15 for those sats.

And this phenomena is not just here on SN. Look at on microlancer.io as another exhibit of this. Clients are hiring workers and paying literally pennies (worth of Bitcoin, at today's exchange rate), yet getting dollars (of value) in exchange.

I have the goal of buying at least 10k satoshis a day. The amount of dollars per day vary. I am retired tech guy (bitcoin boomer) so hard to make big puchases. I count sats and do not know the dollar value...just want the sats and not the bucks.

I once heard somebody saying: divide everything by 21 million.

This means: the market cap of all stocks, market cap of all bonds, the market cap of all money in the world, the market cap of all minerals, all gold.

The total global population.

Divide everything by 21 million.

Then you will get the value of 1 bitcoin.

If you divide everything by (21 million times 100 million) you get the value of a sat.

Because all those items can grow and the number of sats or bitcoins cannot grow indefinitely, your sat or your bitcoin will grow.

Yes it can fluctuate in the short term.

The sat is like 1 meter or 1 kilo or 1 liter. It is not like 1 dollar.

Imagine that 1 meter would be changing all time. 1 meter now is less then 1 meter 10 years ago.

How would we measure things, roads, buildings? Everything would collaps.

That is the house of cards we have been building with fiat.

The 1 dollar, that everybody thinks is the 1 meter standard in the fiat real estate business and in the fiat road business and the fiat construction business is not stable.

It is not a measure like 1 kilo, 1 meter and 1 liter.

Imagine the FED of the Measure business, coming every quarter and saying: guys 1 meter is now 105 cm! And now next quarter we expect to stop increasing it. We only increase it with 1 cm. So it will be 106 cm!

Everybody would scream hell no. Every building would collaps.

These are laws we created, stardards.

During covid the Fed actually said: 1 meter is now 130 cm. He increased or devaluated the stardard by 30%.

It could also mean 70 cm. He dropped the value.

So that is why we need a uniform measure. Bitcoin or Sat.

Something that doesn’t fluctuate.

The people not understsnding this are living in a house of cards built with stones and measures that are changing constantly. Where 1 kilo, 1 meter and 1 liter are changing.

The house will therefore collaps.

A lot more than what its currently worth

Consciously / viscerally it feels like 1 penny per Sat, gut level it feels more like upwards of $1 USD per Sat in terms of my kids’ inheritance

1k sats as $1

Anything below 1k sats is valued at 0 or basically cents.

Sats are in the play money realm. Most tips are token amounts, even the biggest are fractions of a dollar's worth of value. I like to think of them at the ATH exchange rate or even something aspirational like $100k or $250k/btc.

When I see 1000 sats in my wallet, I feel like a rich person because I know it will have more value in the future.

I always mentally assign a 10x market value to any sats I acquire. I believe this is a conservative estimate but enough to inspire me to acquire as much as I can daily.

I feel 100 sats is about $1. 👀

1 sats is nothing more than half a cent. Bitcoin is just another dollar rising from the sidelines.

10k sats is 10k sats. I dont need to know currect exchange rate and I know what 10k sats is worth.

𝐇𝗼𝐰𝐝𝐲 𝐝𝗼 ? 🤠 👋 The future!

1 sat = 1 sat