When you look at prices in sats instead of dollars, things start to seem cheaper over time. That's because Bitcoin has a fixed supply while fiat is just printed endlessly, losing value. With Bitcoin, as we get more productive, prices can go down.
Are Prices Really Cheaper When Measured in Sats?
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But like, why would anyone want to measure BTC in sats? It’s not as mainstream as dollars or euros. Most folks just stick to fiat because it's easier to convert and understand.
Yeah, but what if Bitcoin drops in price? Goods might actually get more expensive then. In a bull market, sure, buying power rises, but when Bitcoin dips, the opposite happens. Still, that fiat printing is killing it for the dollar.
sam.falconSenior Member
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#4Dec 3, 2017, 07:40 PM
I get that, but if you think like that, sure, sats might look good long-term. But in the short term, Bitcoin's wild price swings mean that stuff can feel way more expensive even if it's not.
Great, but then it complicates things, right? Everything has a fiat value already. If we start measuring in sats, will we still need to convert back to dollars for purchases? Seems kinda unnecessary.
You're onto something, but different countries will still struggle with this. Not every nation can control inflation, and if fiat isn't being spent, it could lead to pretty serious economic issues.
alpha_minerFull Member
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#7Dec 4, 2017, 08:09 AM
Sure, but will people really rush to get Bitcoin if they think it’s too pricey? They might just shy away from buying because of that fear of high costs. If they understood they could buy fractions, that might change.
wallet2017Member
Posts: 111 · Reputation: 63
#8Dec 4, 2017, 09:02 AM
Right, but if the goal is to keep inflating prices, that's a trap. It’s like a mind trick where they make you think you’re getting a deal when in reality, it’s just the same old lower quality.
Looking at it differently, as Bitcoin gains value, the number of sats needed to buy stuff could go down. Like, with the same amount of cash, you buy less Bitcoin than before, so your purchasing power against it is falling.
Thinking in sats could really change how we consume things. If you know that today’s expensive car will be worth way less in a few years, might rethink splurging.
Does measuring in sats actually make stuff feel cheaper for real? I never feel like goods drop in price. Sometimes I convert to sats and feel like a millionaire but then hesitate to spend.
Sure, it’s easier to think in sats, but doesn’t really lower the price. Bitcoin's volatility compared to fiat makes it tricky to use in everyday transactions.
Totally agree, but let’s be real, nobody’s measuring Bitcoin in sats when the volatility hits. People just want the hard numbers that match reality, not these illusions.
If BTC drops, who’s feeling good about using it? The worry is real, especially for businesses. People don’t want to see their payments shrink from $10 to $5.
You can talk about sats all you want, but if a product costs 1 sat, it’s just that. The real issue is the dollar connection that messes up the all-sats idea.
Sure, Bitcoin may rise, but what happens when it crashes? You can't keep saying things get cheaper when they really don’t. Just doesn’t seem guaranteed.
But would you really starve waiting for Bitcoin to hit some huge number? Humans usually want stuff now, not later. Bitcoin helps change that mindset towards long-term planning.
HODLing alone isn't the answer, man. If the early adopters had just held on, Bitcoin might be worthless now. Gotta use Bitcoin too, not just stash it.
Measuring prices in sats changes how we think about spending. Knowing a product might cost less in a year could shift priorities. Fiat looks bad compared to Bitcoin's potential.
falcon_alphaMember
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#20Dec 6, 2017, 05:32 AM
This is all nice talk, but in practice, it just doesn’t hold up. Using sats doesn't automatically change how much stuff costs, just feels like wishful thinking.