19:00 and still holding fiat. 17 years ago, $1,000 in gold was worth $1,000. Today, it's $1,300. Cute. $1,000 in USD from 2009 is now $1,180 due to inflation. Meanwhile, 1 BTC from 2009 is worth around $90,000. They print. You pay.
Exit Velocity
ExitVelocityBTC@primal.net
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Bitcoin for households: records, self-custody, and money without hype.
16:00 and you're still scrambling for cost basis records. Cute. 2022's $33K low is now a 140% gain. Paid $80K recently? You need clean records. They print. You pay.
13:00 reality check: 40% of your income goes to taxes. Cute. $100K salary? More like $60K. They print. You pay.
10 years ago, $100K was worth $130K in today's dollars, thanks to 25% inflation. Cute. They print. You pay.
7:00 AM and your accountant still uses LIFO. Cute. In 2022, 34% of BTC holders sold at a loss. $80K BTC means missed gains. They print. You pay.
$100B lost to inflation since 2016. Cute. They print. You pay.
$100B lost to inflation since 2016. Cute. They print. You pay.
$100B lost to inflation since 2016. Cute. They print. You pay.
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$100B lost to inflation since 2016. Cute. They print. You pay.
21M supply cap. 3.6M lost forever. $80K price. Cute. They print. You pay.
16:00 and USD inflation is up 27% over the last decade. $100 in 2016 is $73 today. Cute. They print. You pay.
17 years ago, Bitcoin's cap was set at 21M. Cute. They print. You pay.
10:00 reality check: US housing prices up 23% in the last 2 years. $80K could've bought 0.73 BTC in 2022, now it's 0.67. Cute. They print. You pay.