LeatherMint on Nostr: That is if you are a shitcoin. Sure, right now it's impossible to keep up because ...
That is if you are a shitcoin.
Sure, right now it's impossible to keep up because Bitcoin is too new. But if we were 200 years in the future and Bitcoin was widely adopted, it's value would be considered stable. Maybe a 2% raise year over year.
I think many people in that case would be capable of taking 2% value year over year and keep their prices stable.
That wouldn't work for commodities, but if we were fully hyperbitcoinzed right now, I think companies like Hermès would keep their prices stable in Bitcoin instead of adjusting their prices for inflation.
But yeah, right now we find ourselves to have to adjust prices. And not just 1 time a year. But that's what we meant. We have to do it manually or else our prices, in fiat, are going up.
Sure, right now it's impossible to keep up because Bitcoin is too new. But if we were 200 years in the future and Bitcoin was widely adopted, it's value would be considered stable. Maybe a 2% raise year over year.
I think many people in that case would be capable of taking 2% value year over year and keep their prices stable.
That wouldn't work for commodities, but if we were fully hyperbitcoinzed right now, I think companies like Hermès would keep their prices stable in Bitcoin instead of adjusting their prices for inflation.
But yeah, right now we find ourselves to have to adjust prices. And not just 1 time a year. But that's what we meant. We have to do it manually or else our prices, in fiat, are going up.