Subnostr

two years ago you could buy a nice house here

for one btc

today you have to pay three btc for the same house

this is a 77% inflation

one btc is only worth 33% of what it was two years ago.

for meat the inflation is even worse. for meat you have to spend 400% more in btc than two years ago

Because it's being priced in dollars, no?

The bitcoin didn't change, people are accepting the fiat equivalent and therein lies the rotten fish.

#garlic

#garliccoin

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I think it's a valid point. Things being priced in fiat shouldn't affect inflation measured in btc.

Sounds like a supply/demand issue with meat and real estate?

but they tell you that everything goes down in price compared to btc

the opposite is true

no, in pesos

bitcoin had 77% inflation measured in pesos