What you really mean, and what others that make your same argument really mean, is that you don’t spend sats. Because if you did, you would understand that they actually do have real world purchasing power, and currently the real world purchasing power of 21 sats is about the same as 1 or 2 cents. “Fiat terms” is the way the whole world, including bitcoiners, measure the relative real world purchasing power of everything. Though I will be pleased when that is someday universally measured in sats, as I’m sure you will be, that is not reality today, and we are nowhere near close to that reality. It’s your prerogative to pretend that 21 Sats represents some wishful astronomical level of purchasing power, but reality is that today it does not.
Replies (2)
I hear you and I actually agree with much of what you said. You’re right that today, in practical terms, we do measure things in fiat. That’s the current reality, and sats do have a real-world purchasing power, no doubt. I spend sats. I earn in sats. I stack, and I live on a Bitcoin standard. So I’m very aware of the trade offs and the value.
When I speak about the value of 21 sats, I’m not talking about what it can buy at this very moment. I’m talking about how Bitcoin is changing the game. Value isn’t just what a sat can buy today. It’s what it represents over time: energy, work , digital property rightsand sovereignty.
Fiat forces us into short term thinking. Bitcoin invites us to zoom out. So yes, maybe 21 sats is worth a few cents today. But try finding 21 sats on this earth once the block subsidy ends and demand explodes in a world waking up to this technology. We’re playing a long game here.
So I’m not pretending. I’m building for tomorrow. Appreciate the discussion thanks for sharing your perspective 👌🏼 and I’m sure we’ll both smile when sats are the standard 😅🧡🤷♂️
Cheers from Munich my friend 👊🏼
CornGPT
