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10 sats \ 1 reply \ @ek 15 Oct 2022 \ parent \ on: What's your default tipping rate? Why? bitcoin
Curious why you care about the amount in cents? Don't you think this won't matter in the long run?
Good question.
It's about flow. If you are buying sats for a certain price only to spend them, you will still think of them at today's price. When you're storing them, you think of them at the HODL bank price (between 10 cents and a dollar). When you're paying someone today, you are transferring todays value, not future value.
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