Simply Nostr on Nostr: At one point I was thinking like it would be sweet if my apartment took bitcoin for ...

At one point I was thinking like it would be sweet if my apartment took bitcoin for rent…

Somebody changed my perspective on this today

Thank god I’m not paying rent in bitcoin

For example lol

If someone was paying a flat rate of .1 btc for rent

Every month, no matter what the fiat price

So when the fiat price appreciates 10x and then your still paying that same rent in bitcoin terms

Now you’re paying 10x more for rent ??

Or will it be a thing like as the fiat price goes up the bitcoin “ rent amount would go down by that much?? Like exactly and automatically

#asknostr

Thoughts?

Same if you’re getting paid a certain amount of sats per hour at your job….

Then then the fiat price 10x’s

The employer cutting the check would be wanting to give you a pay cut?

Can this be automatically and instantly adjusted

How will this play out and am I making any sense here? 😅