Another example. -- I can't stop (won't stop).
Over the past ten years, the price of a dozen Grade A eggs in the United States have:
- increased by +56% in US dollars.
- decreased by -98% in #bitcoin.
CONCLUSION:
- The longer you save in US dollars, the more expensive life gets.
- The longer you save in #bitcoin, the more affordable life gets.
The choice is yours.
Ha! Don’t stop! I just showed this exact comparison to a no-coiner friend. Blown away🤙🏼
There’s a FRED chart with the same data oddly enough. Only goes to 2016 but still works.
These observations have a direct impact on a guy's decision about whether to save or not.
If holding #Bitcoin: the incentive to save increases because the value increases, leading to long-term / low-time preference thinking, short-term self-control, and greater security for when troubles come.
If holding $USD, I'd want to not save long term, I'd spend sooner, would want to attempt investment gains
in some non-money good, asset or enterprise.
If a guy takes imagines each of these two paths, and scales them across a society and through time, the results are two drastically different worlds.
I want to be in the #Bitcoin world.
🫂
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