BTCMeansFreedom4All on Nostr: What is Bitcoin's base average growth rate? Part 1: Tracking FIAT Debasement. USD ...
What is Bitcoin's base average growth rate?
Part 1: Tracking FIAT Debasement.
USD FIAT debasement occurs at a rate of 6.8% a year on average for at least the last 50 years. Since the supply grows at that rate, the amount of dollars representing everything must go up by 6.8% more than they would if the dollar supply was static. This is real inflation, the CPI is propaganda.
So Bitcoin must grow at a rate of 1.068^X (or more) JUST to measure the exponentially growing quantity of dollars over time and nothing else.
Continued in Part 2: Tracking Hashrate Growth.
Part 1: Tracking FIAT Debasement.
USD FIAT debasement occurs at a rate of 6.8% a year on average for at least the last 50 years. Since the supply grows at that rate, the amount of dollars representing everything must go up by 6.8% more than they would if the dollar supply was static. This is real inflation, the CPI is propaganda.
So Bitcoin must grow at a rate of 1.068^X (or more) JUST to measure the exponentially growing quantity of dollars over time and nothing else.
Continued in Part 2: Tracking Hashrate Growth.