Eugenius on Nostr: All you need to now! ...

All you need to now!

quoting nevent1q…tul5

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

"Buying eggs with bitcoins."

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

- In US dollars: Up +51.7%, from $2.11 to $3.20.



- In #bitcoin: Down -99.4%, from 925,406 sats to 5,348 sats.



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/