Let’s take a look at the price development of a 500g pack of butter over time:

•2013: 30 NOK | 0.06 BTC

•2016: 35 NOK | 0.04 BTC

•2019: 40 NOK | 0.001 BTC

•2023: 55 NOK | 0.00013 BTC

While the price of butter in NOK has increased by over 80% in 10 years, the price in BTC has dropped significantly. This highlights how fiat money loses purchasing power through inflation, whereas Bitcoin stands as a deflationary alternative.

Btw, for all non-Norwegians reading this note:100 NOK is currently equal to 9.23 USD and 8.47 EUR

#Bitcoin #Norsats #Inflation #FreedomWithBitcoin #Decentralization