Depends on what you compare it to.

Pumping against fiat? For sure.

Pumping against your time and energy? Never, it's always on par with it.

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Nah!! I meant pumping against Fiat. #bitcoin

Fiat is bad measurement because it's dynamic.

It's like trying to measure your height over time with a measurement whose definition is constantly changing. For example, today you measure your height in centimetres and tomorrow in centimetres and a half. Makes not much sense in my opinion.