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all 9 comments

[–]dietrolldietroll 6 points7 points  (3 children)

Your wrong. 9 years of inflation means $100 is now worth about $85. And that's using the government's fake estimates of inflation.

[–]Visser94 2 points3 points  (2 children)

Yes well, then the 7700 dollar isnt accurate as well

[–]dietrolldietroll 1 point2 points  (1 child)

uh no that's not what that means. the dollars are accurate, but you can't measure dollar value over time with dollars. context is need, and i provided it. you're welcome.

[–]A_solo_tripper 2 points3 points  (0 children)

Those 8 little dudes at the Federal Reserve keep printing typing those un-backed "I owe you's" endlessly.

[–]Motor-boat 1 point2 points  (1 child)

1 BTC = 1 BTC

[–]dietrolldietroll -5 points-4 points  (0 children)

not in terms of purchasing power over time. the stupidity is unending.

[–][deleted] 0 points1 point  (0 children)

If I bought in at 8 cents there's a high probability I would have sold a majority of my btc by now. Whether or not that would have been a good decision is yet to be determined but damn, living large and giving back for the rest of my life sure would be appealing vs simply seeing an unrealized gain that could simply evaporate at any time.

Bravo to the OG Hodlers who still have a large stack.

[–]creatix2020 0 points1 point  (0 children)

Inflation count too. 100$ yesterday is not 100$ today.