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Big Barry Bitcoin | 1 years ago (raw) | root | parent | reply | flag 
 Isn't this just the same as standard sats?
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Michaël | 1 years ago (raw) | root | parent | reply | flag 
 What do you mean? 

The fiat value of satoshis faces short term volatility. 

p2p fiat enables fixing a fiat value - and have the number of satoshis you hold change to always keep that fixed fiat value. 

The counterparty takes a leveraged long bitcoin position.