I still like bitcash at $400, but I could be wrong. Here is another way tp price.
Use basket brigade theory. A bitcoin is $7500. A candy bar is a buck. So, we need very high precision, 1/7500, so that a candy bar can be noticed by a bitcoin. Bitcash at $400 is much closer to normal.
It is all about the denomination algebra which should be coherent to the container algebra which should comprise the variety of containers needed.
The criticality is the point at which one calls the blockchain to register a transaction. The ledger costs of cramming tiny purchases onto the blockchain exceeds the cost of simply using a custodial bitcoin and have Mastercharge clear point to point. Mastercharge is more likely to call the blockchain when your balance is $400-$1000, not later. Mastercharge will not wait until your balance is $7500, that is a lot of candy bars to be pending. A balance of $1000 is enough to cover a week of typical spending.
Above cash spending at $1000, the consumer is buying durables, and a more complicated debt plan might be in order.
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