SweetSats on Nostr: Honey prices continue to free-fall as Bitcoin CEO continues to raise price of sats ...
Honey prices continue to free-fall as Bitcoin CEO continues to raise price of sats almost daily!
Today marks one month since we launched SweetSats and in that time we have had to regularly adjust our prices (in sats) to reflect the rapidly rising exchange rate of Bitcoin.
Honey is now more than 30% CHEAPER in sats than only THIRTY DAYS AGO! One of the difficulties of trying to run a small business based on a Bitcoin Standard– We try to keep our prices fair, but until Sats are the Standard we still have to account for exchange rates and keep things as balanced as best as possible.
Any thoughts? What’s the best way to deal with NgU when pricing products in Sats?
Published at
2024-02-29 17:17:15Event JSON
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"content": "Honey prices continue to free-fall as Bitcoin CEO continues to raise price of sats almost daily!\n\nToday marks one month since we launched SweetSats and in that time we have had to regularly adjust our prices (in sats) to reflect the rapidly rising exchange rate of Bitcoin. \n\nHoney is now more than 30% CHEAPER in sats than only THIRTY DAYS AGO! One of the difficulties of trying to run a small business based on a Bitcoin Standard– We try to keep our prices fair, but until Sats are the Standard we still have to account for exchange rates and keep things as balanced as best as possible. \n\nAny thoughts? What’s the best way to deal with NgU when pricing products in Sats?\nhttps://m.primal.net/HgNb.jpg",
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