Take whatever daily item - car, screwdriver, maple syrup, firewood, etc.
Look at the current price and convert it to how many eggs 🥚 you'd get for it.
Then look at the price in the past and convert it to eggs (based on egg price back then)
You'll find out we live in a pretty nice technological deflation. You just need to measure the value in whatever, just not that shitty fiat.
True story.
#bitcoin
Petroit
npub1wt…frhdh
2024-05-06 17:49:11 UTC
Author Public Key
npub1wtmmcqjmppz2usp3a8tf5npqqrtruf7hlmhk2smqff4s6s9fpzfqmfrhdhSeen on
wss://nostr.winePublished at
2024-05-06 17:49:11 UTCEvent JSON
{
"id": "71553d162b67e27ee6e1d4996e3a8ed3e2ac49b59b1f75f18225972a9f48b2cb",
"pubkey": "72f7bc025b0844ae4031e9d69a4c2000d63e27d7feef6543604a6b0d40a90892",
"created_at": 1715017751,
"kind": 1,
"tags": [
[
"t",
"bitcoin"
]
],
"content": "Take whatever daily item - car, screwdriver, maple syrup, firewood, etc.\n\nLook at the current price and convert it to how many eggs 🥚 you'd get for it.\n\nThen look at the price in the past and convert it to eggs (based on egg price back then)\n\nYou'll find out we live in a pretty nice technological deflation. You just need to measure the value in whatever, just not that shitty fiat.\n\nTrue story.\n\n#bitcoin",
"sig": "d7d553b639e80109e3a3f8e71bafe3a763e4778fdd6c0f053c9b281c757dd23fc4947ebfecd7f8a531351c9acf26baa3974f41090d9a02596bf069a10004084c"
}