0 sats \ 20 replies \ @realBitcoinDog OP 10 Nov \ parent \ on: AskSN: How do you get a bunch of stackers to reply “1 sat = 1 sat?” AskSN
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.
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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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💯
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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.
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Does the pack of hotdog has price tagged in sats?
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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.
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Yes I’m on a Bitcoin standard, which means I know every sat is precious and I’d first reconsider if I even need the pack of hot dogs.
Now if it was a Taco Bell cheez-it Crunchwrap supreme, I’ll happily part with 5000 sats!
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So, you're now to 'lets say'. I wint suppose. Why would I?
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And you mean that fiat is stable? It isn't volatile?
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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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Excuse me sir, but you’re on stacker news
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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.