Replying to Avatar I)ruid

Price in dollars behind the scenes and represent the prices in sats automatically based on exchange rate on the site. You can update prices as frequently as you'd like, even in real-time.

As you mentioned, until *everyone* is on a Bitcoin Standard, prices are still anchored to dollars, unfortunately.
Avatar
SweetSats 1y ago

Thanks for offering your thoughts! I have added some more musings around this topic:

nostr:note12gsj3q3nv5v0wkn23995julpdgy25p75x0y3deqndc8n49f3wd2q62nvkp

The way I see it, pricing in fiat and selling for bitcoin is quite different than pricing in sats. But it's not easy, and in some sense every transaction is based on a calculated exchange between two currencies, or two commodities, etc.

Reply to this note

Please Login to reply.

Discussion

No replies yet.