Joe Nakamoto
· 9w
Why are you zapping such tiny amounts, friends
Do you want to build a revolution or what
I mean, it's v4v. How much is a short note worth?
For music, podcasts, books, etc, sure, step it up.
But the old adage is 'penny for your thoughts' after all. That said, I did some digging as you got me curious.
The saying comes from 16th century England. There was wild debasement, so an exact inflation adjustment is damn near impossible, but for reference, it'd buy about a gallon of 16th century ale (not known for quality...), a large loaf of bread (which was higher quality) , 1 chicken, or 1-2 dozen eggs.
So, perhaps it's best to see this saying and adjust it to somewhere in the ballpark of 5000 sats given modern purchasing power.
That's not to say everyone's idle unsolicited thoughts are worth 5000 sats, but it does at least five us some context to a well known saying, and we as Bitcoiners should probably be ready to at least understand debasement.