31 sats \ 3 replies \ @nerd2ninja 8 Aug 2023 \ on: How much are sats worth to you? bitcoin
tbh, my mental exchange rate is 1,000 sats = $1 so 1 sat is like 1 Korean Won I think
That's certainly a lot closer to the current market exchange rate.
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I think its because I actually use it pretty often lmao. So my mental exchange rate is an average of what the exchange rate has been for at least the past few months.
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I figured responses would be quite different for people who are already using Bitcoin as a unit of account.
So, when you see something like a 5,000 sat reward that's basically $5 that can be used right now? For me, that looks like $50 to be used in some medium-term future.
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