How to measure in #Bitcoin?
1. Take the average number of sats/person: 262.500.
2. Convert the fiat price of the item to sats.
3. Make a rational judgement about whether the price is reasonable.
For example is an average shoe for 80.000 sats (about 1/3 of 262.500) reasonable?
Roland
npub19u…9fkkt
2024-05-27 17:10:52
Author Public Key
npub19u7alelthwgqrfxlhct6vsfmgsjeusp8kq3a3xjmxdv34gwgxtasy9fkktPublished at
2024-05-27 17:10:52Event JSON
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"content": "How to measure in #Bitcoin?\n\n1. Take the average number of sats/person: 262.500.\n2. Convert the fiat price of the item to sats.\n3. Make a rational judgement about whether the price is reasonable.\n\nFor example is an average shoe for 80.000 sats (about 1/3 of 262.500) reasonable?",
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