captjack on Nostr: most people don't do the adjustment for #nominal dollars in any asset price valuation ...
most people don't do the adjustment for #nominal dollars in any asset price valuation after to reflect the loss of purchasing power in the dollar over time. when applied to bitcoin it becomes around $78000 in fact ANY FIAT #DOLLAR ARE SUCH FLAWED ACCOUNTING UNIT TO MEASURE VALUE OF ANYTHING OVER TIME.
Published at
2024-09-13 21:33:15Event JSON
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"content": "most people don't do the adjustment for #nominal dollars in any asset price valuation after to reflect the loss of purchasing power in the dollar over time. when applied to bitcoin it becomes around $78000 in fact ANY FIAT #DOLLAR ARE SUCH FLAWED ACCOUNTING UNIT TO MEASURE VALUE OF ANYTHING OVER TIME. https://image.nostr.build/886a404f853f61f03f2afbaa0cf3b8e3e448438ccf5a6462ade3da80751ec49e.png ",
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