Yeah, that’s not good for encouraging payments via bitcoin. Subscription would definitely help with the inelastic nature of bitcoin and the law of demand for consumers.
Discussion
I believe you need to adjust your verbiage.
Inelastic as used as an economics term doesn't describe bitcoin's nature - infact it describes a good that is completely the opposite.
Nor in demand or supply is this an accurate depiction:
Supply doesn't change at all due to price change.
Demand does change as price changes.
Cool. Thanks for the info.
As long as the price that is locked in is realistic and reasonable though.
Otherwise, your product better be indispensable.