As we enter the #bitcoin bull run, the mania starts to kick, and people forget that the #bitcoin price movement is the result of adoption (new money) but also the debasement of the USD.
The current USD equivalent to the 2021 all-time high is $75,500 according to US Gov CPI. If more accurate inflation data was used it would be closer to $85,000. #bitcoin is still relatively far from its true all-time high.
This is a reminder to measure the value of your #bitcoin in purchasing power instead of the heavily inflated USD
luka / luka
npub1mp…6yqn9
2024-03-04 06:59:28
Author Public Key
npub1mpe6nj93trnmvxg4canxpfjyzxxu3p22k472hnnnemdfcf5lzsvsq6yqn9Published at
2024-03-04 06:59:28Event JSON
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"content": "As we enter the #bitcoin bull run, the mania starts to kick, and people forget that the #bitcoin price movement is the result of adoption (new money) but also the debasement of the USD. \n\nThe current USD equivalent to the 2021 all-time high is $75,500 according to US Gov CPI. If more accurate inflation data was used it would be closer to $85,000. #bitcoin is still relatively far from its true all-time high.\n\nThis is a reminder to measure the value of your #bitcoin in purchasing power instead of the heavily inflated USD",
"sig": "3819f093351c40389e6fcb1a2eea8fdf47aeb77e985d1cbf60cb952d779d4e5ee2b5ec37c69dfa2d698db6786f4809ec8592050620f03318ad0287d9089f5627"
}