Oddbean new post about login | logout This is wild actually. nostr:note1l57znq5vvzpm047g6erhtam3pktw88qwquknl8dv0g8xwgxjrttsxtq6pj
But the spending power of the USD reduced too due to inflation
Yes, so only 500% 🤣
That's why I like comparing the total bitcoin market cap to the gold total market cap. The all time high is around 10% by that standard. When #bitcoin becomes more valuable than gold, gold might be 30k an ounnce. It's not a perfect yardstick, but it's better than fiat.