Shameless plug for my own post: #49434, but to answer the question: No, it's unlikely that 1 sat will ever buy $1 worth of goods and services (using today's value of the dollar).
Even in a hyperbitcoinized world, if the velocity of Bitcoin TXNs is similar to what it is for the dollar now, more likely that 1 BTC buys $3.4 million worth of goods, meaning a sat would buy about 3 cents
unlikely in our life time imo. maybe 1 sat = cent
theres also a discussion here #48961
Ba! Nothing will ever overthrow the
DenariusDollar!Stacker News posts are like pack animals. Several posts about the same / related topics always come together! I wonder why that is.
You should watch this:
You Are Not Bullish Enough - Interview https://www.youtube.com/watch?v=cxGOwR3NSfM
spoiler alert: 1 sat ≃ $6 (future shit money)
Shameless plug for my own post: #49434, but to answer the question: No, it's unlikely that 1 sat will ever buy $1 worth of goods and services (using today's value of the dollar).
Even in a hyperbitcoinized world, if the velocity of Bitcoin TXNs is similar to what it is for the dollar now, more likely that 1 BTC buys $3.4 million worth of goods, meaning a sat would buy about 3 cents