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What about halving of price every 210000 blocks?
I like that way of thinking. It addresses the issue without appealing to fiat.
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Interesting. Tying price with halvings might be a good solution. You will still probably be paying too much in the bull markets if Bitcoin absolutely skyrockets but might be getting a good deal in the bear markets.
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It's like a stackerNews improvement proposition. Maybe one day @k00b implements price policy that will follow Bitcoin value
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implements price policy that will follow Bitcoin value
Bitcoin is money. That means itself doesn't a "value". That means is a medium of exchange. Products and services HAVE value in sats.
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Ok. Are you pro or cons of reducing value in sats for territory?