When you price something in sats to sell, is it always based off the dollar value? Would you change your prices as the price of btc fluctuates? For example when I buy beer in sats from one of the local spots where I live the beer has always been $6. So when btc was $15k it cost more in sats and at $100k it cost much less in sats. Do you raise your prices in sats when the dollar value of btc is up? #asknostr
Discussion
If your input costs are all denominated in fiat, it’s WAY easier to just price in $ so you aren’t having to manually adjust the price. It automatically adjusts the price in sats since the $ price stays constant. Way easier and less headaches. It’s going to be a while until we can price things in fixed sats amounts
People have been pricing things in fixed sat amounts from the beginning
Like, for as long as there have been faucets
Stop making up bullshit
Seems best to always have 2 separate prices where the Bitcoin price is lower than the dollar price. Adjusted as needed
1 sat = 1 sat, sir
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Agreed, but I’ve noticed sometimes that when the price in bitcoin goes up in dollars the price has also increased in sats as well, why is that? If something is 30,000 sats shouldn’t it stay 30,000 sats no matter how many dollars those sats can be exchanged for?
I sell art and I just started sticky pricing in Sats. Paintings are 21k, inexpensive now, but should continue to be worth more over time.
As the price of bitcoin appreciates, the more energy and time I’ll put into the works.