SilberWitch on Nostr: One thing that I didn't factor in, is that the declining purchasing power of fiat ...
One thing that I didn't factor in, is that the declining purchasing power of fiat makes the rising price of Bitcoin less impressive.
€100k sounded like a crazy-big number, even a few years, ago. Now, my neighbor just sold a run-down old house, the middle of nowhere, with oil central heat, for over €800k.
It's like... 1 Bitcoin will soon buy 1/8th of a dump in a 5-cow town, that you'll immediately have to bulldoze. 😂🙈
Published at
2024-11-12 08:21:50Event JSON
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"content": "One thing that I didn't factor in, is that the declining purchasing power of fiat makes the rising price of Bitcoin less impressive.\n\n€100k sounded like a crazy-big number, even a few years, ago. Now, my neighbor just sold a run-down old house, the middle of nowhere, with oil central heat, for over €800k.\n\nIt's like... 1 Bitcoin will soon buy 1/8th of a dump in a 5-cow town, that you'll immediately have to bulldoze. 😂🙈",
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