Nostr Web Client

Has anyone had the experience of growing into adulthood with the US Dollar as their unit of account, and then moving to another country and having a different currency slowly but completely exist in their mental model as unit of account?

Bill Cypher 3w ago 💬 2

America is no longer the country I grew up in and all my long term planning is in sats, does that count?

Reply to this note

Please Login to reply.

Discussion

vinney...axkl 3w ago

Well yes, but it's cheating.

I want to hear about people's experiences with non-bitcoin currencies to get a sense for what happens in the mind and life when units of account switch.

I feel like there's a kind of caterpillar->->butterfly metamorphosis that happens where that middle stage is a bizarre undefined slurry. It's like you can imagine any currency priced in any other, at **this** moment in time, but there is something confusing about the transition point between those relationships.

An American probably has a very hard time grokking a chart where the USD value is fluctuating against some other "fixed" unit of account (not really fixed because nothing in economic relationships is, but the USD _feels_ fixed when viewing the price charts of everything else. this is my whole point)

Bill Cypher 3w ago

I kind of feel like the in between is a truer state. The real question always is "how hard do I have to work for a dozen eggs?" or a ribeye or whatever other useful good.

Any unit of account hides that behind a layer of obfuscation. By muddying your default ruler view so you have to convert always it is easier to see through to the true question.