Damus
2Cents · 1w
Maybe the problem is that workers are paid in dollars?
Jason Ansley | Fractional COO |  Leadership Coach profile picture
Perhaps…

What happens though when sats become worth so much more in fiat terms?

Do people get pay reductions?

I don’t know…but in theory they would not longer need pay raises if fiat price of what they are being paid in is consistently increasing (due to it’s deflationary nature).

Interesting question to ponder for sure!
1
2Cents · 1w
Certainly possible that the argument would be made that workers should be paid less in sats as the value increases but for that matter, so would profits (if there are any) would be greater for business owners as well. In general in the hypothetical world of bitcoin, everything would start to “cost...