A consideration, nostr:npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l … participating in the real economy - not running a hedge fund, podcast, newsletter, VC fund, digital start-up, etc. - requires a certain amount of confidence around the price for capital investment purposes. For example, if I owned a farm and was wanting to build out new fencing to expand my cattle operation, I would have to understand what the conversion rate is going to do over the next few years to understand the “best” time to make that investment.

It is actually critical to bitcoin’s viability to most of the real “doers” in the world that they understand and be able to “plan” (at least loosely) around purchasing power movements.

Alternatively, we just all wait for hyperbitcoinization to reprice all hard, physical assets in a stable Bitcoin conversion rate … that could be quite a long time to materialize during which time the real world “doers” are just stacking & hoarding sats while waiting.