Even so, this is the difference between earning revenue in bitcoin vs holding bitcoin on your balance sheet.
One is on your income statement, the other is a balance sheet asset.
Discussion
Agreed. Sats flow is a different game than cash flow. A landlord asking for rent denominated in bitcoin has to build in appreciation or they’re going to lose tenants every few months.
Very few businesses can accurately price (nontrivial) recurring payments in bitcoin at the levels of adoption we’re at now.