Thread - Nostr Hypermedia

START A BITCOIN SIDE HUSTLE Your rate will continue to appreciate the longer you hold onto the sats. Ie - you earn 50,000 sats for a job. Doesn't seem like a lot (in fiat terms) today. But as time goes by, and the purchasing power of those sats increases, so does your rate. Your rate is set when you spend the sats. CRAZY concept.

Replies (14)

Jor knggolf@nostrplebs.com 1 year ago

It's crazy when you think about it like this.

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SATsStandard Satsstandard@nsec.app 1 year ago

REFER ME ONE

JD 1 year ago

Been doing this for the past four years or so. It’s paid off abundantly

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TheLOTSProject lots@getalby.com 1 year ago

Same goes for BTC rewards on things like Fold or Ember. Stack them away and they look damn nice down the road a bit.

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Jor knggolf@nostrplebs.com 1 year ago

It's a beautiful thing.

High on Bitcoin -ppatel (fmr) ppatelnz@nostr.com 1 year ago

……and the increase in value offsets the decrease in the spending power of fiat

Big Barry Bitcoin BigBarryBitcoin@Nostr-Check.com 1 year ago

If your rate is set when you spend them, then you're thinking in fiat or you don't value the power of saving in an inflationary world. We don't always get to choose when we need to spend our earnings either.