Does your 1m SATs/day income cover your expenses for a day? Now and in the future let's say for a year to come? How can you plan ahead with prices changing all the time?
How is everyone's prices going down a good thing, how much will yours go down?
Last week I heard about a guy down the road from me who sells fresh chicken for Bitcoin. I've bought his chicken before and it's great - but that was before he took BTC as payment. I've been meaning to see what his prices as like. If I make it over to him this weekend I'll let you know. (also bought some excellent blueberry preserves from nostr:nprofile1qqsg8vu4lh5gtdmwhe6qvk9lx98fzs2df4htd7uj8y5h25477vduwmqpz3mhxue69uhkummnw3ezummcw3ezuer9wcq3xamnwvaz7tm0venxx6rpd9hzuur4vghszyrhwden5te0dehhxarj9ekxzmnyarquzg recently: 10k sats)
Spoiler alert though: my guess is the chicken guy just takes the USD price that everyone else sees and converts it in the moment to BTC. You could do the same to "find a Bitcoin price" for the things you mentioned, you know? **For now** that's going to be the common method.
The interesting bit when you do that is everyone's prices keep going down over the long run.
Does your 1m SATs/day income cover your expenses for a day? Now and in the future let's say for a year to come? How can you plan ahead with prices changing all the time?
How is everyone's prices going down a good thing, how much will yours go down?
I'm sorry, I'm not here to fully educate you on the economics of deflation. We've talked a bunch and I've pointed to various paths. It's okay if you're not interested or disagree, but thus far your (Socratic?) questions haven't moved me.
No hard feelings 🤝