Yes, 1 bitcoin does equal 1 bitcoin.
But purchasing power of a money is one of its most important aspects. 4 months ago I could buy my dream home with my bitcoin. Today, I can buy a 40%+ worse home (aka, not my dream home).
When price goes up, we celebrate and get giddy. When price goes down, the fake happiness or "1btc=1btc" bullshit just makes us look like a bunch of sycophantic morons.
Purchasing power is not measured in fiat.
Barrels of ale is a better metric
It is in the real world my friend.
I can't pay my mortgage, for my car, groceries, utilities, gasoline, etc... with bitcoin. I must convert bitcoin to fiat to make those purchases.
So yes, purchasing power for real world goods is indeed measuring in fiat.
yeah yeah I heard this bullshit excuse so many times... from these kind of people
btw I am not a "friend" with pussies fiat maxis. In fact I despise people with no balls.
Bitcoin mean risk to be independent and sovereign.
If you are not ready for this, just go back to fiat, the warm place where the state take care of you.
I don't even understand what you mean?
are you able to purchase the same house today with your sats as you could 5 months ago?
do your sats have some magical properties that the rest of us don't know about?
please teach us your ways
ofc you do not understand, your mind is trapped in fiat mindset.
It's a simple rule: spend less sats than you earn in a certain period of time.
Your mind is trapped because you do not earn in sats and spend in sats (like me).
Can you help me?
How can I purchase a home with sats, pay for gasoline with sats, buy my family's groceries with sats, pay my utilities and insurance with sats?
Please, I would really appreciate your guidance in how to convince these companies to take sats and more importantly, price their services fixed in sats (not a fiat rate that is converted to sats, because of course that would mean one is still dependent on the sat->fiat conversion rate).
Thanks so much for your help in advance. I know you aren't just a troll and will actually answer this question so not only me, but the dozens of people reading this thread can also only spend in sats and never have to worry about the sat to fiat conversion rate!
Those almost 34k posts and comments on SN are full of details and guides. Yes some of them are funny memes and jokes.
I wrote over 60 guides here about how to became a sovereign bitcoiner.
You really think that my whole knowledge, guides and SN posts can fit into a TLDR phrase ?
First of all each one of us must find his own way in how to live with bitcoin.
My personal situation maybe is 50% the same as yours,. but your mind is not ready yet. It took me over 10 years of preparations before Bitcoin ever existed and another 13 years in Bitcoin studying and preparing myself with Bitcoin.
The most important part is to change your mentality.
Analyze each opportunity you have in YOUR area as I explained here: #576140
Let me try to condense my question to make it much easier for you then. I'm not interested in your guides, which will not answer the following simple question:
How do I pay State Farm (insurance) or Walmart (groceries) with sats without converting the sats to fiat?
Thank you!
What triggered you?
OP was triggered by the dip... all fiat maxis are triggered by dips.