J. Empyre on Nostr: When you use your Lakehouse BTC price analogy... isn't the price still 'index-to' ...
When you use your Lakehouse BTC price analogy... isn't the price still 'index-to' fiat? And doesn't the property/real estate value impact this value too? 🤔 Is your analogy just meant to get people to re-frame their perspective in the new system?
Pricing the new system in fiat terms, is IMO, clunky, but is the common normie vernacular.
I'm still wondering how we reference the value of a Sat in the parallel system w/o the index of fiat. 🤔
Is it energy costs/mining costs eventually?
Thoughts?
Published at
2024-07-07 19:25:24Event JSON
{
"id": "3145ac8c5aa17514406ea343513a286a7e7814ef578a62630a1009e973dd76b7",
"pubkey": "504ef89b3f60f09c09c20ed50cdfafa5342f7eba4a56b51228cceb91e20faa52",
"created_at": 1720380324,
"kind": 1,
"tags": [
[
"e",
"2d27d01e5de7b60cd8e56adae32fb8a430a8b031d625c7f7d7b313cb4a6dbfa3",
"",
"root"
],
[
"p",
"83e818dfbeccea56b0f551576b3fd39a7a50e1d8159343500368fa085ccd964b"
]
],
"content": "When you use your Lakehouse BTC price analogy... isn't the price still 'index-to' fiat? And doesn't the property/real estate value impact this value too? 🤔 Is your analogy just meant to get people to re-frame their perspective in the new system?\n\nPricing the new system in fiat terms, is IMO, clunky, but is the common normie vernacular.\n\nI'm still wondering how we reference the value of a Sat in the parallel system w/o the index of fiat. 🤔\n\nIs it energy costs/mining costs eventually?\n\nThoughts?",
"sig": "e32d29d745a29579ed67bb1b74059909ca60670e0389d0bc771f5c97c594df0546157d2104b74bfd7ef8cd71f9cbc25e14d0f808e48693771e2ff41c0b89e844"
}