Replying to Avatar BankSith

#Fiat money is sustainable money they say…

14 DM (Deutsche Mark) is 7 Euro.

7 Euro at 2% inflation target over 50 years equals 19 Euro. Rolling Stones Concert for 20 Bucks anyone?!? Fiat

(Picture: Wolf Wössner)

Learn #bitcoin 🧡

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florian 1y ago

20 bucks? more like 200€ for a Stones ticket.

7€ * 1.07^50 = 206€

7% inflation YOY ... thats similar to what Saylor estimates for real estate over the last century.

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