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0 sats \ 2 replies \ @bitcoinawareness OP 24 Nov \ parent \ on: "Suddenly" Could Happen Now, If We Begin With Unit of Account bitcoin
Thanks for your comment. What you are missing is that the idea is more radical. It describes the possibility of Bitcoiners creating a community where things are priced in sats while respecting the true value of Bitcoin, which is total world wealth divided by twenty one million. Yes, starting exactly like that.
So you're basically describing a circular economy. That's not radical, it's just very difficult and still a collective action problem.
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A circular economy in which a good that outside NOW costs 200 USD is sold by rougly 460 sats.
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