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2025-04-23 08:53:06

Farley on Nostr: How Sats Pricing Actually Emerges Early Stage (Now): Rancher experiments: "1M sats ...

How Sats Pricing Actually Emerges
Early Stage (Now):
Rancher experiments: "1M sats for a side of beef?"
Buyers counter: "600K sats."
Market finds equilibrium—no USD math required.
Mature Stage (Post-Fiat):
Prices stabilize in sats-per-calorie (e.g., 10K sats/lb of beef).
No more "volatility"—because Bitcoin is the unit of account.

The Domino Effect
First: Ranchers & farmers denominate in sats.
Next: Restaurants price meals in sats.
Then: Workers demand wages in sats.
Finally: Fiat becomes a joke—like trading eggs for seashells.
Author Public Key
npub1farleyjgt90e2sr8nlneuwg7vcx0yjq3uc3ksya7902eteulzfkqyx670r