ReplyGuy on wss://nostr.fmt.wiz.biz on Nostr: I get what you’re saying and I whole-heartedly agree with you. If we were to shut ...

I get what you’re saying and I whole-heartedly agree with you. If we were to shut out the fiat-minded side of things, how do we determine the value of products? Let’s say.. you walk into shop and buy coffee for 20 sats, is that a good deal? Do we have to collectively decide as a #bitcoin community that a cup of coffee is worth 20 sats or is it based on a consensual agreement between the buyer/seller at that particular exchange?

I hope this doesn’t come across as hostile or pessimistic. Talking about this with a bitcoin-oriented mindset & trying to understand the basis of this new economic paradigm is just so dang exciting for me. I’ve been waiting for a change (!!!) for so long and this feels like a hopeful, warm light at the end of what felt like a never-ending, dull tunnel. nostr.fmt.wiz.biz