ianforbes on Nostr: November 2021 - the last time 1 BTC changed hands for £50k. The Bank of England base ...
November 2021 - the last time 1 BTC changed hands for £50k.
The Bank of England base rate was 0.1%. (absurd)
BTCGBP is now back at £50k, the base rate is at 5.25% (5150% higher).
Fiat currencies are like measuring tapes that change length each time you use them.
Published at
2024-03-01 17:20:43Event JSON
{
"id": "d149e3f197a53d448bfb88e4bc4663073321ab02030d547d63775c547aa7dd63",
"pubkey": "1f1d2716141a8112577e8c3d37a93fe310fd562be8d4111b2c0d81dbd531d782",
"created_at": 1709313643,
"kind": 1,
"tags": [],
"content": "November 2021 - the last time 1 BTC changed hands for £50k.\n\nThe Bank of England base rate was 0.1%. (absurd)\n\nBTCGBP is now back at £50k, the base rate is at 5.25% (5150% higher).\n\nFiat currencies are like measuring tapes that change length each time you use them.\n\nhttps://m.primal.net/Hgec.png ",
"sig": "cad0e7634d56c46b647d298342447c64e443f73d4074e9957e738397548e4837671f756a1584d0e73b69742772efe89b62cc7a0a688367753b6f2df103738445"
}