Hunter on Nostr: I pay rent using my bitcoin It has to be converted to dollars first What I’m trying ...
I pay rent using my bitcoin
It has to be converted to dollars first
What I’m trying to say is that if my apartment complex was accepting sats for rent that would not be a good deal
For the renter
Because your rent would go up forever in fiat terms
Like if your landlord says you pay 3 million sats a month rent
Ok
Then bitcoin 10x’s
Your still paying 3 million sats a month
But in fiat terms your rent just went up 10x
It has to be converted to dollars first
What I’m trying to say is that if my apartment complex was accepting sats for rent that would not be a good deal
For the renter
Because your rent would go up forever in fiat terms
Like if your landlord says you pay 3 million sats a month rent
Ok
Then bitcoin 10x’s
Your still paying 3 million sats a month
But in fiat terms your rent just went up 10x