Numerator = USD conversion rate
Denominator = 1,000,000
1 sat = 1 cent
IMO, once we reach sat/cent parity, that will be the point where majority of population will understand conversion rate (ie, dollar tree/menu item would be 100 sats etc,). Also believe that history books will reflect that as an event that shapes the future global monetary system and propels us towards a bitcoin standard.
Just a view point and different perspective I’ve had for several years and one I’m committed to continue.
SpencerKansas / SpencerKansas ⚡️
npub1py…0x9pk
2024-09-07 13:06:19
in reply to nevent1q…lpzy
Author Public Key
npub1py4eka3ja5e0q5zf29ggryc3y97av25e0pxdn4u2ty8lauag4jeqp0x9pkPublished at
2024-09-07 13:06:19Event JSON
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"created_at": 1725714379,
"kind": 1,
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"content": "Numerator = USD conversion rate \nDenominator = 1,000,000 \n\n1 sat = 1 cent \n\nIMO, once we reach sat/cent parity, that will be the point where majority of population will understand conversion rate (ie, dollar tree/menu item would be 100 sats etc,). Also believe that history books will reflect that as an event that shapes the future global monetary system and propels us towards a bitcoin standard. \n\nJust a view point and different perspective I’ve had for several years and one I’m committed to continue.",
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}