?ex=6554258c&is=6541b08c&hm=e0472d66436ee0b457689dd5fb106de6fe537194e6d56b8fd2ce48b73e1996c9&Saul was less sleazy.
Based on my daily expenses when I am in the US, and when I am home in Barcelona, the real decrease in purchase power must be closer to 25% since 2021. Probably the same in Canada. It's very funny because just now I was checking out stats for the other note I just posted and oh surprise all Western allies seem to have had an official rate between 10 and 11%. As if it had been almost a coordinated effort xD
Examples:
EUR ATH €57,500 Nov 8, 2021 -> Nov 1, 2023 in:
Germany: €66,125
France: €64,998
Italy: €65,636
Spain: €63,825
Turkish Lira ATH: 800,000 TRY on Dec 13, 2021
Hit again in July 2023
Needed TODAY: 2,140,000 TRY
Japanese Yen ATH: 7,470,000 8 Nov, 2021
Needed today: 7,890,000
My periodic reminder that if BTC's ATH in USD was on Nov 8, 2021 at $68,000, if we hit a new ATH TODAY, Nov 1 2023, the USD price would have to be $75,500 just to keep purchase power. And that's just based on the fabricated, false, US Government-issued official inflation rates.
And yes, that's for USD and USA inflation. In other places it's way worse.
Texting someone I'm meeting for work next Tuesday, and I **almost** wrote "See you next Tuesday!"
🫡 not all heroes
The Nostr agrees.
If you ever find yourself stranded in my beloved but tourist-ridden home town of Barcelona, and you need to find a local to ask for help or directions, you can recognize them because it'll be 25 C outside and they'll be wearing leather coats, wool sweaters and boots.
As such, I think there are just way too many development resources diverted to making BTC do what it doesn't do well, i.e., payments, instead of maximizing what it does better than anyone else, i.e., store of wealth.
We should see a lot more solutions focused on making wealth storage private and fully anonymous. nostr:note1wywy3w7l2km7th668jf4j9warv487cvhzr2v5prh6j3e8h0sm9ksrf05na
Remember that money is an emergent phenomenon that cannot be planned.
It doesn't matter if Satoshi or all the maxies in the world insist Bitcoin is cash.
That's simply not how Bitcoin is evolving, due to its own inherent characteristics. Bitcoin is a real asset to store wealth long term.
Welcome to being a foreign visitor to the US every single time, no matter how many times you have already been scanned.
And I mention Indonesia because it's like 300 million people who can really benefit from BTC. Not a disparaging comment.
No need for aggressiveness. Just being mindful of who's talking. Don't trust, verify.
Things will start to be really interesting when we get to 1 EUR = 100 sats, that is to say, 1 sat = 1 cent.
Not that is anybody's business, but I'm such a fanatic anti-Arab racist that exactly in 45 minutes I'm having lunch with a very dear friend of mine who is... Arab (from Tunisia, originally) xD
Fucking uneducated clowns, for real...
Well, the way I see it, the straightforward translation of IRC would be private relays with mods who give and take the power to write to the server from users, and who can make other mods. (Ah, the rush when you would finally get that "@"...)
That inherently means arbitrariness and content nazism. It also means that users vote with their feet if the arbitrariness and content nazism get out of hand, of course.
