There is so much talk about saving in bitcoin - what about earning in bitcoin? And not fiat denominated amounts. Imagine if your salary for a job was 0.5 BTC per year. Might not be sustainable for long periods of time but man would you have the cream of the crop applying for that job.
My favorite page on the StLouisFed .org (FRED) site:
"Buying eggs with bitcoins."
Since they started keeping track in January 2015 through July 2024, the price of a dozen eggs:
- In US dollars: Up +46.0%, from $2.11 to $3.08.
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- In #bitcoin: Down -99.5%, from 925,406 sats to 4,903 sats.
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CONCLUSION: Life gets ever more expensive the longer you save in dollars (or any government fiat currency), while it generally gets (much) cheaper the longer you save in #bitcoin.
Inflationary fiat currency versus neutral inelastic energy money...
The choice is yours.
Source: https://fredblog.stlouisfed.org/2022/06/buying-eggs-with-bitcoins/
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