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18 sats \ 4 replies \ @Undisciplined 9h \ on: Holding Bitcoin is Cool Again (Financial Times, Visual Story) econ
I don't think the volatility is too bad for people to price things in sats, especially with the high likelihood of rising value over time. For most people's purposes, if things had been priced in sats at 1ksat/$ over the past few months, they wouldn't have noticed a difference.
True but we've had a weird stability recently, precisely around 1k. While not uncommon to have such episodes now and again, that's truly not what BTC does seen with a little bit of perspective.
Your example people basically just "got lucky"
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As you pointed out, it's not that unusual to have long periods of stability. I've also seen breakdowns of how the vast majority of price movement has occurred in very short periods of time.
I don't think people are so price sensitive that these normal daily fluctuations would be a problem, even if they persisted. Then, every so often, major price changes would have to be made. That's an issue for long duration contracts, but it's fine for day to day expenditures.
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as if on cue!
https://x.com/btcpolicyorg/status/1888977057436058107
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