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Replying to Avatar AU9913

This only works if all of your inputs are also priced in sats, so it wont happen until hyper-bitcoinization

Imagine you sell tshirts that you paid for in cash to sell in bitcoin. You sell 10k sats to buy the shirts to then sell for 20k sats. If bitcoin halves in usd price, you just sold at a loss. If bitcoin doubles in price, most customers view that as double the price. Or did i get that backwards?

SoV -> MoE -> UoA.

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Lord Wilmore 2mo ago

You are correct. As long as the equilibrium is dollars, it's costly for any one player to defect. A catalyst will be required to shift everyone from one equilibrium to another.

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