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Cryptoflation
(lemmy.world)
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this post was submitted on 04 Dec 2023
1720 points (98.5% liked)
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I once bought 0.0167 BTC at close to 1 BTC = 30k USD evaluation, I was able to sell it for double the value in late 2021, bought some really nice groceries that month. Looking at the 5 year chart it looks like I couldn't have sold at a better time, lmao.
Good going. Nice groceries are under appreciated. But the watching fresh veggies cook is considerably therapeutic
You could have sold now since it's 42k now.
I love the future of cryptocurrency where bread will cost 1BTC today and 0.1BTC tomorrow and 10BTC the next.
Ain't no loaf of bread costing $42,000.
Yet.
This would never happen with any other currency ever.
Not on such a short timeline, but precious metals were left behind for a reason.
I thought precious metals were left behind so roman emporers could debase the value of coins to build "great" works.
but 42k is lower than 60k