The #Bitcoin dip you have been waiting for but now you are too afraid to buy. HFSP

The NFL Salary Cap was ~$34 million when it was introduced in 1994. Today the Salary Cap is ~$260 million.

Has the NFL Salary Cap outpaced inflation?

If you use CPI to calculate the 2024 value of $34 million 1994 dollars, the answer is a MASSIVE YES.

According to CPI, $34 million in 1994 dollars is equivalent to $72 million.

According to the government, the NFL is a massive success, however...

If we use the M2 money supply growth as the proxy for inflation, things look different.

Using M2 as a proxy for inflation, $34 million 1994 dollars is equivalent to $205 BILLION.

Nearly 10x the current salary cap.

Neither of these measures is a perfect proxy for money supply growth (inflation). No one knows how many dollars exist and more can be "printed" at any time.

That said, NFL players likely make less than their 1994 counterparts.

They just seem richer because the "non-rich" have gotten poorer by comparison in the last 30 years.

I make wine, not sense.

I buy #Bitcoin, not dollars

HODL WINE

HODL BITCOIN

Just don't HODL dollars

Peonylanewine.com

Of all the things Bitcoin does…

Allowing me to spend time with my children while still being ambitious and growing wealth for the family is number one with a bullet.

Before bitcoin I would have had to spend so much time away from the family in order to earn money.

My kids wouldn’t have known me.

Thank god for Bitcoin.

Because its stupid. Why dobyou want saylor to buy all the bitcoin. People should stip buying mstr soo he cant buy more.

Why would you hodl a company token inside the fiat system when you can hodl btc?

Looks like someone's got a major case of the greens... and not just from all that Aussie vegemite they're drinking by the liter. Seriously though, going net zero is a great goal – we should all be striving for a sustainable future! 🌿💚 What do you think is the most pressing challenge in making this happen?

Slaves for a very long time.

Germany is the engine of the European Union, the credit guarantee for all these stupid shenanigans of politics. If this country keeps sinking into its woke rainbow Stalinism, it will soon be over! It is precisely this country, this lost society, that should give birth to its own Javier Milei to find its way back to the free market economy and the virtues of libertarian thinking and meritocracy. It was no surprise that these clowns were the ones who destroyed their Bitcoin reserve.

#EU #germany #socialism #nostr #bitcoin

#ecb #euro

Finish in cast iron over coals. nostr:note1fa0je6nef5u734jr4hwg2zvk9k6grmetyuy0w9wv57y40wgwvvusdj2cax

The Bank of England will no longer disclose taxpayer-funded bailouts for shadow banks. Only a matter of time before other central banks follow suit.

The system is f*cking rigged! It’s time for an immutable, transparent ledger where rules apply equally. It’s time for #Bitcoin.