Right, so you do understand purchasing power. 😂

Reply to this note

Please Login to reply.

Discussion

Well, I don't convert to sats for purchasing power today. It's long term store of value for me but everyone has their own reasons.

Yes you do. You just did when you offered me the current exchange rate for sats/dollar.

That exchange rate implies I'd be willing to sell sats for that amount.

Exactly. Therefore you understand that the purchasing power of sats today is not dollar/sat parity, which is my point. No matter how bullish any of us is about Bitcoin’s future purchasing power, and no matter how fun it is to imagine what it could reach, it is silly to pretend that it is more right now than it actually is. Zapping someone 1 sat right now is pretty meaningless in terms of purchasing power.