From Dollars to Sats: A Shift in Mindset? \ stacker news ~bitcoin

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From Dollars to Sats: A Shift in Mindset?

230 sats \ 6 comments \ @hustler 19h bitcoin

Imagine you're a service provider or you are selling a product: Would you charge for your products and services in Bitcoin based on its fiat value, or would you switch to using Satoshis (Sats)?

Bitcoin based on its fiat value27.3%

Bitcoin based on pure Sats72.7%

11 votes \ 3 days left

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49 sats \ 0 replies \ @Undisciplined 19h

I would price purely in sats, but I also have a day job in the fiat mines that would allow me to run fairly volatile margins.

5 sats \ 0 replies \ @Satoshi__Nakamoto 16h

2nd one is good

5 sats \ 0 replies \ @alt 17h

Now? I'd charge based on fiat value. Fiat is still the unit of account, and the most common medium of exchange. Pricing in fiat will help people understand how much they are paying.

Also on the short term, fiat is relatively stable compared to Bitcoin. Of course on the long term fiat trends to zero but it doesn't go up or down several percent a day (yet). Pricing in sats would necessitate recalculating prices more frequently.

5 sats \ 0 replies \ @Satosora 19h

When btc reaches 100k, prices will be in sats. Thought that was interesting. There was a recent post on it.

5 sats \ 1 reply \ @0xbitcoiner 19h

If bitcoin is widely standardized it would be in pure sats otherwise I think most would choose sats based on fiat value.

11 sats \ 0 replies \ @hustler OP 19h

I wish there comes a day the whole world transacts purely based on sats 🙂