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I talked with the landlord of the house where I stay now. to try something new. I am paying already the rent in BTC, every month.
But now I want to pay it per day, in sats, over LN. Like I do on SN every morning, once I open it, go to SN pool and just click.
I am looking to find a nice solution how to organize that for my landlord... will be an interesting experiment.
Is your rent the same amount of BTC every time or is it a fiat conversion?
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Is paid in BTC but at the exchange rate of the day, more or less. I could also talk to set it in fix amount and review it every 6 months or something like that. But that is not important right now.
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I get it. I'm just really curious how progress towards unit of account is going and you're way out on the frontier of all this stuff.
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I am lucky that the landlord is very open to test stuff with Bitcoin. He still want the rent valued in fiat but paid in BTC because part of it he still pay to a bank or something like that. I think he have a loan for financing the construction.
So he's still linked to that for the moment, but I am happy that he just take my sats. I am sure soon we will discuss the contract only in sats.
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That's why this next step towards money is so tricky. Even people who want to use Bitcoin have financial obligations in fiat that they need to be able to cover.
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I am so happy that this landlord from being reticent in taking my sats, going through "ok I will accept your BTC payment but I want to sell some to pay stuff with fiat", now is at the level of "ok will take your sats, and keep them not selling them anymore".
The last step when he will find ways to pay his expenses in sats, is about to happen but still take time.
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