Replying to Avatar BankSith

$10 -1899 Coronet. One of the most beautiful #gold coins. 🦅

But how come the coin costs $1400 in today’s Dollars? What is wrong reported “average inflation”?

Study #bitcoin 🧡

Avatar
HolySats 1y ago

Reported inflation. I read somewhere that more accurate estimate is more like 7%. Can you calculate how will it fit?

Reply to this note

Please Login to reply.

Discussion

Avatar
BankSith 1y ago

Basically nonsense anyway. “Average” does not work as data points are totally asymmetrically distributed. 1913 Fed. 1971 Nixon. It is more like Harakiri. nostr:npub1a2cww4kn9wqte4ry70vyfwqyqvpswksna27rtxd8vty6c74era8sdcw83a what are your thoughts on this?