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100 sats \ 3 replies \ @DarthCoin 12 Nov 2023 \ parent \ on: How much ₿itcoin would be worth if people took the time to understand it ? bitcoin
In this transition period, when fiat still exist, the merchant will start his LN wallet, put the amount in fiat and instantly will be shown the amount in sats.
Later, you will negotiate with your local grocery store to show you the prices in sats directly. They will adjust them every week or so, according to their costs for buying the goods from suppliers.
Slowly all these merchants, if are trained well, will display prices only in sats and will adjust them based on demand and supply offers.
It's all about how they start doing this process and YOU as a bitcoiner have a very important role into all this, because you are the one that should create these bitcoin circular economies, don't wait for your lovely gov to declare bitcoin "legal tender" (that's total bullshit).
Read more:
https://darthcoin.substack.com/p/how-bitcoin-will-save-the-world
Yes, it will be a huge journey. My hunch is that we won't be on this planet anymore when that happens. I hope I'm wrong.
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As I said, ALL depends on you, the bitcoiner.
If you just sit and cry that x merchant do not take your sats, it is YOUR own fault that doesn't happen.