The market in which we are actors currently trying to do price discovery?
12-15k for a can sounds good to me. We as bitcoiners all value it much more than the current exchange rate, which is why it may seem "underpriced" for the item for now. If we're going to have a sat standard though then the sat price needs to not change with the usd change
There's no entity to force that conversion rate, so there can be no "control". I'm just positing that, right now, a gallon of honey is 200k sats
I would like to propose that we start discussing near term sat values of things.
My first suggestion, 200k sats for a gallon of honey.
What're some other commodities we can start pegging to bitcoin? #asknostr #circulareconomy
Yessir!
Appreciate the feedback! This is definitely a work in progress and we'll be including all the perspectives we can!
Yes! Trying to get the right ones out and keeping them in place is such a pain
Does anyone else not feel anything from this pump or am I too jaded?
Send it back to 12k
Made the switch recently, now immune to toilet paper bank runs
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Thank you sir, looking forward to coming back to the park next month!
Gm, we're working on a file package for new meetups. What're some things you and your followers would like to see?
Rn we have
101 presentations on money, bitcoin, privacy
Our meeting standards (semi-forked from The Park) and values
Beginner guides on self custody, glossary of terms, and helpful links
Resources for other meetups looking to explore the nonprofit route
It's tough bc right now is definitely good accumulation period, but if no one spends it no one takes it. We're working to break the hodl mentality