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Paula 1 year ago
Love this reminder Jeff. I still struggle to see how these systems don’t coexist since they do right now. As you say, we’ve never seen a Bitcoin, deflationary, transparent system before and no one knows how long it will take for fiat to implode. So we focus on the world we want to see now. My question is, since we buy Bitcoin in fiat and that determines how many sats we receive, how do we NOT price Bitcoin in fiat?

Replies (1)

Thank you! Eventually you’ll start to spend in it and then earn in it. For now, (because it is such a mental framework change from what we are used to) the key is to keep reinforcing to yourself prices go down in Bitcoin instead of converting it to fiat to see it go up. And pass it on :)