<oembed><type>rich</type><version>1.0</version><title>SweetSats wrote</title><author_name>SweetSats (npub1sw…hns6h)</author_name><author_url>https://yabu.me/npub1sweetl0gskmka0n5qevt7v2wj9q56ntwkmaeywffw4ftaucmcakquhns6h</author_url><provider_name>njump</provider_name><provider_url>https://yabu.me</provider_url><html>People are definitely spending waaay less with lower exchange rates as their sats don’t go as far as they were used to before. &#xA;&#xA;Strange though because in fiat terms, my prices are at nearly 50% discount from only a few months ago, but we are seeing very few sales comparatively!&#xA;&#xA;When we first started out two years ago I listed products priced in sats roughly equivalent to what we sold the same goods in our local market. As price of Bitcoin increased, I adjusted price in sats down over time. However, as exchange rates have declined over the past few months we have not adjusted back in the other direction! As long as I can cover costs I am OK offering customers a deep discount and hodling the sats indefinitely.&#xA;&#xA;Idk if this strategy works over long term, tbd!&#xA;&#xA;1 BTC = 1 BTC 😉 </html></oembed>