What is Nostr?
williamsantiago / William K⚡Santiago🔑☢️
npub1h3f…96sj
2024-08-30 14:44:09

williamsantiago on Nostr: If you pay in sats, as months go by and these sats appreciate, you will be ...

If you pay in sats, as months go by and these sats appreciate, you will be transferring more and more of your time, physical value etc. to this service. Basically overpaying in prices denominated in sats (sound money) decrease.

If you pay in USD$, as months go by and these USD$ depreciate, you will be postponing this transfer to future unborn generations of this consumed time, physical value etc. to this service. Basically underpaying in prices denominated in fiat currencies.

As CBDCs (stable fiat coins) proliferate around the globe and get adopted by countries issuing their own version of their country CBDCs (stable fiat coins), sat holders will use their true scarce asset to exchange it for local country CBDCs (stable fiat coins).

Use this new fiat currency to spend for local goods and services and what is left over converted back to digital sound money.
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npub1h3fzzzeq60acjvnyvw34rpn5clkaueteffmkt3ln4ygekg9lcm0qhw96sj