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tokyo_vyse / イアン
npub17as…x5dz
2024-12-06 01:49:13

tokyo_vyse on Nostr: At the moment BTC crossed 100k USD, I was unknowingly staring in disbelief at my 11k ...

At the moment BTC crossed 100k USD, I was unknowingly staring in disbelief at my 11k JPY weekly grocery bill, which continues to move upwards with no slowdown in sight. Without savings in bitcoin, I wonder what hope we would have?

Perhaps more interesting than the 100k milestone in US dollars is the new all-time high vs gold, which has only now cleared the November 2021 level. It goes a long way to explaining why, only now, does it finally start to feel in real terms that bitcoin is worth more than three years ago. Best not to measure against the thing that is rapidly debasing.

My guess is we chop around at these levels for a while, but the direction is clear. おめでとう、みんな!Onwards! 💪

Author Public Key
npub17as2xfymfjqm2wrdayfhsegcuv0xlmtkxd9z9y5ylgdp5hmq8gxquwx5dz