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Replying to Avatar 10Luno

The 'rule of 70' is the only rule that is needed to understand 'why Bitcoin?':

Whatever the average inflation over many years, 70 divided by that will give you how many years your purchasing power will halve; so the central bank 2% inflation target gives 70/2 = 35 years, for $100 in 35 years to buy $50 of what you can buy today.

So 7% inflation over 10 years (70 รท 7) will halve your purchasing power.

70% inflation over 1 year (70/70) will halve your purchasing power.

nostr:note18gu8hvxm3r7wd3wandj596vr5q0w258rf50wrp6k9v4kg54s76uq5ym4c5

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10Luno 2y ago

nevent1qqs8a6e6aw75m5resh58dd6qyfwr9ad29vq50zf3va8dyk5ksa8k7rsppamhxue69uhkummnw3ezumt0d5pzqnshggmpnxxld75lxcydq63844yczt77gtm5wsykesmwy9dgdnth7nz50j

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