Bcool on Nostr: This is the best way I found to explain inflation to someone who is clueless: Think ...
This is the best way I found to explain inflation to someone who is clueless: Think about your weight on Earth vs. your weight on the Moon. On the Moon, you feel lighter because gravity is weaker, but your mass hasn’t changed—you’re still the same, just exerting less force. Inflation works the same way: you might see more money in your account or get a pay raise that feels like progress, but your real purchasing power—the true value of what you can buy—hasn’t actually increased. Just like your weight didn’t actually drop, your economic well-being isn’t truly improving. It’s just the value scale shifting. That’s why Bitcoin is a true source of measuring value: unlike our distorted economy, its fixed supply means value isn’t just an illusion. With fiat, the numbers may look bigger, but unless you measure wealth against something truly scarce, like Bitcoin, you’re just floating in low gravity.
Published at
2024-10-10 21:49:06Event JSON
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"content": "This is the best way I found to explain inflation to someone who is clueless: Think about your weight on Earth vs. your weight on the Moon. On the Moon, you feel lighter because gravity is weaker, but your mass hasn’t changed—you’re still the same, just exerting less force. Inflation works the same way: you might see more money in your account or get a pay raise that feels like progress, but your real purchasing power—the true value of what you can buy—hasn’t actually increased. Just like your weight didn’t actually drop, your economic well-being isn’t truly improving. It’s just the value scale shifting. That’s why Bitcoin is a true source of measuring value: unlike our distorted economy, its fixed supply means value isn’t just an illusion. With fiat, the numbers may look bigger, but unless you measure wealth against something truly scarce, like Bitcoin, you’re just floating in low gravity. \n\n",
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