Petroit on Nostr: Take whatever daily item - car, screwdriver, maple syrup, firewood, etc. Look at the ...
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
Published at
2024-05-06 19:49:11Event JSON
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"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",
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