100 sats \ 0 replies \ @netstatic 4 Sep 2023 \ on: When will BTC become a good unit of account? bitcoin
Variance in the fiat value of Bitcoin does not represent an interest rate. Thinking about Bitcoin in terms of interest rates is fiat thinking to begin with.
Addressing the question on how we'd use Bitcoin as a future unit of account, I think Bitcoin prices will be used after the value of Bitcoin has been stabilized (when the block reward is nearly gone and .the world starts to move to a Bitcoin standard)