Another thing I want to add to this.
People should start valuing their labor and products in sats.
Saying that a beer cost 1200 sats ($1) or something like that, it means you are still "pegged" to fiat world, because you are always go back and make the fiat conversion of your sats.
I'll give an example how I do it.
I do some work, during a week. All fine.
But when I am about to make the invoice to the client, first I calculate in sats: (not in fiat)
- how many hours I've spent doing that work
- how much energy, materials, consumables etc to do that work
- calculate how many sats were spent per hour or per day and the total cost in sats
- add a 1-5% to the final cost, as being my research, previous time spend to learn
- add a 25-30% as profit
- then make the invoice in sats. No matter how much is the BTC/USD
That's how you will find out that Bitcoin IS the ultimate stablecoin!
STOP THINKING IN FIAT.
START EARNING IN SATS
https://i.postimg.cc/D0x3bVXJ/darth-beer-stable.jpg
That’s a lot of beers, Darth
Would be helpful to have an augmented reality app that switches whatever fiat price your looking at into sats. Was thinking the app would be called reality. Go to a grocery store and look at prices through the camera of your phone, the price would show in satoshi's. Adding the satoshi value of labor formula from above into another tab would be pretty cool too.
Instead of wasting time making that app, spend that time and energy into onboarding merchants and you will have for sure all the prices displayed in sats.
😂😂😂
I've onboarded 0 people. Probably not the job for me. Id rather route around the fools, and create something that will make my life easier in the meantime. But understood.
Routing around the fools is a full time job. 😂
This is awesome.
I want to see how this works out.
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