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
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
