HODLBitcoin
@hodlbitcoin.bsky.social
Previously known at HODLMitch
Disintermediate Government and Money with Software and Jokes GFY
Disintermediate Government and Money with Software and Jokes GFY
Reposted by HODLBitcoin
Be your own bank.
May 2, 2023 at 5:41 AM
Be your own bank.
If current inflation rate is ~15%
How fast does $100k lose purchasing power?
Substitute inflation for decay:
$85k - 1st year ending balance
$72k - 2nd year…
$61k - 3rd…
$52k - 4th…
$44k - 5th…
You lost 56% of your money… but you don’t see that because inflation invisible
Buy #bitcoin
How fast does $100k lose purchasing power?
Substitute inflation for decay:
$85k - 1st year ending balance
$72k - 2nd year…
$61k - 3rd…
$52k - 4th…
$44k - 5th…
You lost 56% of your money… but you don’t see that because inflation invisible
Buy #bitcoin
April 22, 2023 at 9:37 PM
If current inflation rate is ~15%
How fast does $100k lose purchasing power?
Substitute inflation for decay:
$85k - 1st year ending balance
$72k - 2nd year…
$61k - 3rd…
$52k - 4th…
$44k - 5th…
You lost 56% of your money… but you don’t see that because inflation invisible
Buy #bitcoin
How fast does $100k lose purchasing power?
Substitute inflation for decay:
$85k - 1st year ending balance
$72k - 2nd year…
$61k - 3rd…
$52k - 4th…
$44k - 5th…
You lost 56% of your money… but you don’t see that because inflation invisible
Buy #bitcoin