{"type":"rich","version":"1.0","author_name":"npub1hxx20x9cxfgn7q49lt8d29xqcmhe0cjxfz3nj30ss50v6tyq2wusvpmpll","author_url":"https://nostr.ae/npub1hxx20x9cxfgn7q49lt8d29xqcmhe0cjxfz3nj30ss50v6tyq2wusvpmpll","provider_name":"njump","provider_url":"https://nostr.ae","html":"How one comes up with their unit of account can be personal.\n\nAs I said when I first started this npub, I prefer pre 1965 silver coins as a unit of account. \n\nHowever since the latest fiat denominated run up even this has proven to be much harder. I used to be able to price small things like sandwiches in dimes but there’s not really anything reliably smaller than silver dimes in that currency. \n\nSats are a little too volitile to price in. One would need an external reference to guage purchasing power for accounting purposes since most people don’t use them. \n\nPeople like nostr:nprofile1qqsy6q3ua80awknlxp6m368qssqghct6ra6scca4meepumhcswkuwegpzamhxue69uhhyetvv9ujuen0w4h8gctfdchxvmgppemhxue69uhkummn9ekx7mp0jn4j8y  that actually use it as a MoE all the time prices in $ but settles in ₿ . I recently began personally quoting ₿ in ounces of Au. I think personally nostr:nprofile1qqsg86qcm7lve6jkkr64z4mt8lfe57jsu8vpty6r2qpk37sgtnxevjcprpmhxue69uhhyetvv9ujuumwdae8gtnnda3kjctvqy2hwumn8ghj7mn0wd68yetvd96x2uewdaexwjr73yl uses it as a straight unit of account but some of his investors wait until they deploy the $ capital to change it into btc then price gains in btc once it’s already in the system. It’s just a weird time to be honest. "}