I have been thinking of bitcoin as a medium of exchange and unit of account this winter.
I have now come to the conclusion that one of the biggest hurdles for bitcoin adoption is fiat pricing, and a fiat mindset. As long as goods and services is priced and accounted for in fiat there will be no bitcoin standard.
Please consider this perspective when thinking about bitcoin. Everything change when the denominator change.
Since i am a humble bitcoin maximalist trying to follow the saying "Be the change you want to see in the world" i am taking this to heart and have now changed my prices to bitcoin only at cyberita.no
I believe i am the first knife maker who only accept bitcoin and price my knifes in bitcoin.
As a consequence of this fundamental change to pricing, Cyberita knives are on sale in fiat terms when bitcoin price is down. Now you can buy the fucking fiat dip! 😂 #bitcoinonly #edc #knives
Addendum: I use WooCommerce with
@LNbits and to my surprise the LNbits plugin did not support bitcoin as default currency so i had to fix the plugin to accept bitcoin as default.
Goes to show not many bitcoiners think much about this and take for granted you want to price stuff in fiat. Even LNbits devs have a fiat mindset. Haha we got work to do..
