mattjoblack on Nostr: Not certain if Jeff Booth would process this in the same way because I don’t think ...

Not certain if Jeff Booth (npub1s05…eyhe) would process this in the same way because I don’t think he makes fiat comparisons to BTC, but his podcast with @natbrunell led me to this thought. I’m going to start measuring the dollar against Bitcoin. It makes no sense to measure an infinitely supplied currency with a centrally engineered variable inflation rate (USD) against a currency with a fixed supply and decreasing inflation rate (BTC). At this moment 1 USD equals 1,740 Satoshis. To understand the significance of this consider that it is highly probable that 1 USD will equal 1 Satoshi in our lifetime-maybe even in the next ten years! We don’t really have that far to go considering that 1 USD equalled 100,000,000 Satoshis or Bitcoin in February of 2011. All of this to say that it is not a bad idea to purchase 1,740 Sats if you find an extra dollar today.