The only two charts you need to see.
US Cost of Living in USD
US Cost of Living in Bitcoin
#Bitcoin is number go down technology.
Discussion
Where’s the y-axis on the BTC chart?
For whatever reason, it isn't included.
You can find the chart here: https://inflationchart.com/life-in-btc/?show_stock=0&show_adjuster=0&logarithmic=1
The cost of living for BTC has a high of 461.8k BTC/yr at the high on the left, and 2.08 BTC/yr as of November of 2023 on the right.
Thank you 🤝
One more to add. US Cost of Living (USD) vs. Gold
Yeah, that's an interesting one, too, but it is definitely not as massive a change as Bitcoin.
It went from 85oz/yr to 201oz/year, before falling and eventually putting in lows of 27os/yr, and up slightly to 35oz/yr as of November of 2023.
This means cost of living in Gold has only decreased by 58% since 2010, while cost of living in Bitcoin has decreased by 99.999%, and cost of living in USD terms has increased by 59%.
Bottom line is, the denominator matters when you are looking at a ratio, not just the numerator.
And having a solid monetary foundation is critical. Bitcoin provides that. Nothing else does.
amezing
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