Owen G on Nostr: Under a #bitcoin unit of account, a wage worker making 5000 sats/hr (say) will be ...

Under a #bitcoin unit of account, a wage worker making 5000 sats/hr (say) will be getting implicit wage increases as the purchasing power of a sat increases over time.

How do you think this plays out? Will employment contracts have built-in wage decreases for deflation? Or will employers have to negotiate with employees regularly to decrease pay? Something else?