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once_aphysicist
1dd7992ea0ecbda7480ceed35748c3655691133c8c78af947fd24299db8f481f
A former particle physicist interested in empowering individuals to regain their agency.
Replying to Avatar Rhydian

Been playing around with some Python..

Still a bona fide noob, so take it easy.

We all understand that BTC is "going up forever" compared to fiat, but will it actually increase in purchasing power forever?

I believe so, but would like to actually track and analyze it.

Since the Consumer Price Index (CPI) is the most widely used measure of inflation, I figured it would be interesting to use this data in conjunction with Bitcoin price data to create a new metric, which I'm calling the Bitcoiner Price Index (BPI). That is, CPI is the measure of prices paid by US consumers, and BPI is the measure of relative prices paid by Bitcoiners.

I understand CPI is far from ideal or complete data, but it's what I have access to and what the mainstream economists (🤢) seem to use, so I'll use it as well, at least as a start.

I took the CPI data from the Federal Reserve Bank of St. Louis and the BTC data from CoinDesk (free API keys).

The chart below shows the past 10 years data, all that was available via API for free, in typical year-over-year fashion as well as trend lines.

Since the targeted inflation rate is 2%, I've shaded in red any time the CPI is over 2%. And since my base case is that BTC will gain purchasing power, I've shaded in green any time BPI is negative.

I'm still playing around with this, but I find it pretty interesting and different than most BTC charts I see floating around.

I figured I'd #AskNostr to get some feedback and hopefully some opinions on improved methods and/or data sources.

Based on the data thus far, the CPI trend is 0.05 and the BPI trend is -0.10, suggesting that prices are falling for bitcoiners twice as fast as they are rising in USD despite the large spikes during the bears.

I plan on following this each month when the CPI comes out, and modifying it to make improvements along the way. Should be neat to see how things go over the coming years.

#Bitcoin #Coding

Looks like I'm missing something, what's the mathematical relationship between CPI, BTC price, and BPI? Maybe this is obvious for economics people, but I'm a noob :⁠-⁠P

No winners if it does what you want for you. That said, any non-FOSS OS is a no go for me because of privacy & security reasons. Windows is clearly spyware, Macs are likely backdoored.

I use Fedora on desktops/laptops, and Arch Linux ARM on some headless RPis.

The hard cap is the (fraction of) total mass of the reachable universe, which is shrinking all the time (since universe is expanding 🤯). So I would say gold is deflationary!

Counter question, does that mean gold standard will come back if we become a space faring inter-planetary species!?

Both those languages require deep technical understanding to do well. Don't put AI into the mix. It will mostly lead to headaches.

*I'm assuming by 'with AI' you mean writing code in these languages by prompting chatbots like ChatGPT, Claude, etc.

*If you are talking about assitants like GitHub Copilot, your mileage may vary depending on familiarity of the language, libraries you are using, and problem complexity. I've found its helpful under limited circumstances.

You are right, I don't know why, in my mind I was thinking of Ted Cruz.

In Tucker's case I would say neither, he will say whatever gets him more attention, typically something contrarian or outrageous.

When it comes to a politician, sabotage is always the better guess.

What explorer is that? I don't recognise it. How does it label US govt as the owner of the UTXO? I guess it uses some kind of public info to identify the address?

What do you mean by copy a windows file path in Linux? Do you mean copying a file that's on the Windows partition to the Linux partition/user home directory?

If that's what you want, there's nothing special, just open the file explorer you use normally, navigate to the windows partition, right click, copy, navigate to where you want to copy to, right click, paste.

If you are having finding the Windows partition, then we would need more info about your setup to suggest anything.

Did you change your router? Quite likely the issue is as described by Jay.

To find the new IP, you can either go to your routers admin console, and look at the list of active DHCP leases. Did you give your RPi a name? If so, that name should show up here. If there are no names, OS should be mentioned. Find the ones that say Linux, and try to login in one by one, when you have the correct IP, login will succeed.

I'm afraid no. I've seen quite a few reply spam bots.

There's a "report" option, I submitted a report every time, and the spam posts disappeared from my feed.

But I don't really know what happens when you submit a report. Maybe some kind of a scoring system is maintained by some of my relays 🤷 I doubt that can scale if nostr becomes popular tomorrow.