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42 sats \ 2 replies \ @Undisciplined 8h \ on: I need help with this 1 stupid "world changing" idea... who's in? builders
It is interesting, but there are probably only about 12 people in a position to apply it.
Sometimes I think about the related problem of how to define a bitcoin standard salary that scales with purchasing power somehow.
Yea - it’s crazy to think about…
The only risk is Bitcoin failing…
If you can accept that Bitcoin is going to continue increasing in value over time…
Then there is no downside!
In my mind this equates to the this new monetary paradigm…where you literally change the thinking from save or receive a discount now to one of-share in the appreciated value in the future.
Bitcoin completely breaks the Time-Value-of-Money formula…
Instead of the present value being equal to some future value plus interest… the present value is less than the future value given a variable time frame
This seems almost blasphemous
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There's no downside for me, but no employer would want to hire me for something like 1 BTC per year for the indefinite future. At least not an employer with any sense.
My thinking is that it the fixed rate would have to be at an anticipated future valuation for bitcoin and some sort of profit sharing or commission would make up the difference. It's a tricky problem though.
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