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But it did on a Bitcoin standard
But it didn't in any way that makes sense in reality. I care about the real-world purchasing power of my sats, not some puritanical false view with blinders on that requires ignoring the wider context in the world around me.
Excuse me sir, but you’re on stacker news
Well aware of where I am. Bitcoin is fucking amazing, but some of us have real dumb takes sometimes.
Yes. It was dumb saying milk didn't get 30% more expensive in dollars in the past month but it surely did in past few years. This is what you get in Fiat standard.
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If you've converted all your fiat into Sats just 5 days ago, evrything in your wider world might have become cheaper by at least 15%.
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I'm clear. There's no fucking Bitcoin price thing. If you're calculating Fiat to Bitcoin, it's a sin in itself.
Fiat gets a number because the governments attach to it.
Bitcoin gets its value by itself.
So, there's no need to attach a price tag with Bitcoin. Let it be 1sat=1Sat.
How many sats would it be reasonable to pay for a pack of hotdogs next month?
Does the pack of hotdog has price tagged in sats?
The question was how much you would be willing to pay for a pack of hot dogs in sats next month. Your question doesn't make sense.
Same question to @realBitcoinDog who is apparently already living on a bitcoin standard.
Sure, it's 3k sats today, let's say.
That's exactly correct, because the purchasing power of Bitcoin has increased quite a bit.
Rather than, as you said: "It's not that Bitcoin price is rising, it's that the fiat shit is decreasing its purchasing power."
And you mean that fiat is stable? It isn't volatile?
In the short term, absolutely.
It only shows how deep you're inti fiat. You're counting on the benifits of it.
Don't you know what happened to Iranian Rial in the short term? I don't want you to remind all of Latin American Nations.
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Alright. What about buying milk with Sats instead of Fucking shit?
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Milk didn't get 30% more expensive in USD in the past month.