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0 sats \ 6 replies \ @Undisciplined OP 8 Aug \ parent \ on: How much are sats worth to you? bitcoin
Try to reflect on how you actually treat it. I'm guessing that you'd pay 1000 sats for a new car, if that offer were on the table.
I would say, that it depends on how much I need that car. I would probably prefer to first look at today’s value, my ability to replace what spend, and my time preference.
If I had 2BTC to buy a house today outright, would I spend it? Probably not because I know in another 4 years or so it will cost me less, in 8 years maybe only 10M sats?
I think that’s what makes Bitcoin so great. Every spend is a conscious thought. It forces us to be more disciplined and mindful of our consumerist mindsets.
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I would like to add, that even taking a “pay cut” from a fiat mining job, is often worth it, so maybe if I quantify it this way, I would say maybe I would offer the highest cut around 50%? But if it were something I enjoyed doing I may even give a larger discount for my services.
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That implies a present valuation of about $120k per BTC, which I think is 100 sats = 12 cents
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Ahhh! I like that valuation, it makes sense from that standpoint. I definitely think it’s worth more from a projection stand point. I think Bitcoin is criminally undervalued and that is only due to government regulation.
I think this next wave takes us to that $125-150K range so I can stand with your estimation.
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My personal valuation hasn't changed much in the past year. I still think sat-cent parity is a very reasonable valuation.
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I like it, but what increases value to me is that sats are borderless pennies!
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