bitcoinpup on Nostr: My wages how now fallen below 20k sats/hour, down 2500x over the past 12 years. "My ...
My wages how now fallen below 20k sats/hour, down 2500x over the past 12 years.
"My first job paid me the equivalent of ₿0.5/hour (50,000,000 "*satoshis*" (a unit of bitcoin equal to 1/100 millionth of a bitcoin). Fast-forward 7 years and I'd doubled my dollar-denominated earnings. If we consider the bitcoin-denominated wage though, my pay had fallen to 200,000 sats/hour (₿0.002/hour).
...in 2020, I was only making 75,000 sats/hour (₿0.00075/hour)... As the fiat-denominated price of bitcoin has grown over the years, my bitcoin-denominated income only keeps falling. Today I am only paid 45,000 sats/hour and if I do not see a pay-rate increase before bitcoin retakes its all-time-high of $68,798, I will only earn 27,000 sats/hour."
https://bitcoinbarks.com/Barks/maslows-apex/#wbb1
"My first job paid me the equivalent of ₿0.5/hour (50,000,000 "*satoshis*" (a unit of bitcoin equal to 1/100 millionth of a bitcoin). Fast-forward 7 years and I'd doubled my dollar-denominated earnings. If we consider the bitcoin-denominated wage though, my pay had fallen to 200,000 sats/hour (₿0.002/hour).
...in 2020, I was only making 75,000 sats/hour (₿0.00075/hour)... As the fiat-denominated price of bitcoin has grown over the years, my bitcoin-denominated income only keeps falling. Today I am only paid 45,000 sats/hour and if I do not see a pay-rate increase before bitcoin retakes its all-time-high of $68,798, I will only earn 27,000 sats/hour."
https://bitcoinbarks.com/Barks/maslows-apex/#wbb1