Nostr

True, if you selling a product and say the product cost like $50, say at one point $50 is equivalent to 100k sats, but then Bitcoin goes up a lot like we've seen and all of a sudden people are paying 100k sats still, but now it's equal to around $100 for the same product.

SLCW 1y ago

You'd think it would be really easy to just inciude a conversion script that dynamically adjusted the sat price based on the current fiat value in the e-commerce platform. That way, merchants wouldn't have to be concerned with the fluctuating conversion rate. It could just be automatically managed in the background.

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Discussion

The Fishcake (nostr.build) 1y ago

It is already possible and doable, it still prevents people from spending. It will be easier to just charge in fiat and forget about it. Sad but probably true 🫡

SLCW 1y ago

Yeah, a mechanism that uses fiat prices, and dynamically converts to sats at checkout.