JBINZALA on Nostr: I think price will need to be adjusted over time as bitcoin will keep rising in price ...
I think price will need to be adjusted over time as bitcoin will keep rising in price compared to fiat. But what did the 1 mil include? Just the Guide? If so I think right now people pay around 300-450k sats in fiat terms for a group of like 4. These are with ratings on like trip advisor and stuff. I would be happier to pay a premium for better quality service and convenience of course.
Bitcoiners would be happy to pay 1 mil sats as we want to support the community, but I don’t think normies would pay that especially if they’re new to Bitcoin, that 1 mil sats is already very valuable to them because they calculate everything in fiat terms.
What do you think?
Published at
2025-02-11 12:01:07Event JSON
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"content": "I think price will need to be adjusted over time as bitcoin will keep rising in price compared to fiat. But what did the 1 mil include? Just the Guide? If so I think right now people pay around 300-450k sats in fiat terms for a group of like 4. These are with ratings on like trip advisor and stuff. I would be happier to pay a premium for better quality service and convenience of course. \n\nBitcoiners would be happy to pay 1 mil sats as we want to support the community, but I don’t think normies would pay that especially if they’re new to Bitcoin, that 1 mil sats is already very valuable to them because they calculate everything in fiat terms.\n\nWhat do you think?",
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