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Replying to Avatar walker

Until we’re in a hyperbitcoinized world, I think it makes sense in general to set prices in #bitcoin terms (with bitcoin as the preferred payment), but if someone *must* pay you in fiat then calculate the amount in fiat based on the 20/50/200 day moving average.

Of course this also applies in the reverse case if prices/wages are initially denominated in fiat.

Using the moving average reduces risk for both sides; it’s a win-win.

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Undisciplined 2y ago

That’s a neat intermediate step on the way to unit of account status.

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