We shouldn’t measure bitcoin against the dollar. Is bitcoin becoming more valuable or is the dollar less? Is our purchasing power keeping up with inflation? Depends on if you believe the official numbers.

Bitcoin is purchasing power, how much does it cost to buy something real like a meal or housing? Which are truer means of measuring real inflation. Both take multiple raw materials from diverse industries and require labor to produce.

I’m building a spreadsheet to track my purchasing power over time for a true measurement of my stack.