BitcoinIsFuture on Nostr: Everything goes to zero against #Bitcoin (eggs are no exception) ...

Everything goes to zero against #Bitcoin

(eggs are no exception)

quoting nevent1q…ha0g

My favorite page on the StLouisFed .org (FRED) site:

"Buying eggs with bitcoins."

Since they started keeping track in January 2015 through July 2024, the price of a dozen eggs:

- In US dollars: Up +46.0%, from $2.11 to $3.08.

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- In #bitcoin: Down -99.5%, from 925,406 sats to 4,903 sats.

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CONCLUSION: Life gets ever more expensive the longer you save in dollars (or any government fiat currency), while it generally gets (much) cheaper the longer you save in #bitcoin.

Inflationary fiat currency versus neutral inelastic energy money...

The choice is yours.

Source: https://fredblog.stlouisfed.org/2022/06/buying-eggs-with-bitcoins/