pull down to refresh
26 sats \ 2 replies \ @Undisciplined 1 Mar \ parent \ on: Convince me I am wrong about these bitcoin themes meta
With an appreciating money, you would want to get paid later, but at a price agreed upon earlier. It's the inverse of our fiat situation.
If I am a craftsman, the price I can charge for a widget now is more than the price I can charge in the future (assuming Bitcoin standard).
I'm not sure why you'd ever want to be paid later, if the price is set. Isn't having the money now better than having the same amount of money in the future? Opportunity cost/time value of money, PLUS "not your UTXO not your Bitcoin"
reply
Yep. You're right.
I was thinking that the same amount of money will be worth more later, but since there are no significant storage costs, you would absolutely rather have it now and just save it for later yourself.
reply