pull down to refresh

I know you're buying cheap sats and doubling down on your Satfolio, right?
reply
I have been buying a lot of sats this week. Did you see my post from last week about selling some of my gold? I set aside some of the proceeds from that to allocate DCA into Bitcoin.
reply
yeah saw that. I'm living in an entire different world these days. I'm not a spendthrift but I had to about 20 million sats on Gold and another 1 million on shopping clothes and other things, and 1 million more for the wedding party arrangements for guests. Had I known it'd come so low, I could have avoided some and now bought more.
still.. still I could just arrange some cash yesterdy to buy 2m sats, another arrangements are also coming tomorrow, only wish my wife shouldn't come to know I'm receiving some fresh cash, haha.
reply
20 sats \ 2 replies \ @fiatbad 18h
How do you measure net worth?
reply
I know what you are getting at. My net worth in sats in up but my net worth of the buying power of those sats is down.
reply
40 sats \ 0 replies \ @fiatbad 18h
I want to get to a world where we use a better measuring stick than fiat to measure our life's time/labor.
My dream will never come to fruition until enough of us agree to stop using the old measuring tool, and start using the new one. Obviously, it's really hard to do currently, because there is no market for Real Estate (or anything really) using Sats.
But the reason there are no markets denominated in Sats is because the people with the Sats are still using, and thinking, in dollars (for some wild, and completely illogical reason that I cannot figure out). We have a chicken and egg problem that can/will only be solved by individuals with strong enough will to force a major change.
reply