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Rhydian the Red
rhydian555@getalby.com
npub14kxe...2fye
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Rhydian555 1 year ago
Been playing around with some Python.. Still a bona fide noob, so take it easy. We all understand that BTC is "going up forever" compared to fiat, but will it actually increase in purchasing power forever? I believe so, but would like to actually track and analyze it. Since the Consumer Price Index (CPI) is the most widely used measure of inflation, I figured it would be interesting to use this data in conjunction with Bitcoin price data to create a new metric, which I'm calling the Bitcoiner Price Index (BPI). That is, CPI is the measure of prices paid by US consumers, and BPI is the measure of relative prices paid by Bitcoiners. I understand CPI is far from ideal or complete data, but it's what I have access to and what the mainstream economists (๐Ÿคข) seem to use, so I'll use it as well, at least as a start. I took the CPI data from the Federal Reserve Bank of St. Louis and the BTC data from CoinDesk (free API keys). The chart below shows the past 10 years data, all that was available via API for free, in typical year-over-year fashion as well as trend lines. Since the targeted inflation rate is 2%, I've shaded in red any time the CPI is over 2%. And since my base case is that BTC will gain purchasing power, I've shaded in green any time BPI is negative. I'm still playing around with this, but I find it pretty interesting and different than most BTC charts I see floating around. I figured I'd #AskNostr to get some feedback and hopefully some opinions on improved methods and/or data sources. Based on the data thus far, the CPI trend is 0.05 and the BPI trend is -0.10, suggesting that prices are falling for bitcoiners twice as fast as they are rising in USD despite the large spikes during the bears. I plan on following this each month when the CPI comes out, and modifying it to make improvements along the way. Should be neat to see how things go over the coming years. #Bitcoin #Coding image
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Rhydian555 1 year ago
Some good sets of Bench Press and a grueling workout today ๐Ÿ’ช The Air Bike is my arch nemesis in the gym, and I always prioritize going on days when I see that fucker ๐Ÿ‘Š #BlockchainBarbellClub #Fitstr #CrossFit
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Rhydian555 1 year ago
GM ๐ŸŒž Befriend the birds. The wife and I adore hummingbirds, we always make sure to put some feeders out for them while they're in town. image
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Rhydian555 1 year ago
Homemade spaghetti tonight ๐Ÿ˜‹ #foodstr
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Rhydian555 1 year ago
Windy, but beautiful day at the lake โœŒ๏ธ image
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Rhydian555 1 year ago
Working split jerks this AM (not my forte) Told myself I'd keep it light, but ended up working up to my previous PR of 245. Clean was a little sloppy, shit happens. It's okay to falter, as long as you keep going and put in the work to correct it. #BlockchainBarbellClub #Weightlifting #Fitstr
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Rhydian555 1 year ago
My PR push jerk is 265, but not for long! Got 245x3 today ๐Ÿ’ช #blockchainbarbellclub #Weightlifting #Fitstr
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Rhydian555 1 year ago
I'm seeing a lot of people all whipped up about Joe Rogan lately.. "OMG Joe Rogan said he likes RFK Jr. more than Trump!" "Joe Rogan said Pizzagate is real!" "Joe Rogan doesn't think we went to the moon!" Come on, people... Joe Rogan also said he sends his wife pics of other dudes' dicks to make sure she's paying attention... Stop taking everything so seriously, especially from a fucking comedian. ๐Ÿคฆโ€โ™‚๏ธ image
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Rhydian555 1 year ago
Was going through some old family records and came across this old Christmas letter between my relatives, dated Dec 24, 1953: "Merry Xmas and a very happy new year Are you still picking cotton we are. Don is driving a tractor." I'm proud of my family's humble roots, it's amazing to look back and see how drastically things have changed in just a few generations. image
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Rhydian555 1 year ago
Spotted a lil ๐ŸฆŒ chillin in the shade today #ProofofWalk image
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Rhydian555 1 year ago
Been doing Wim Hof Method breathing exercises every morning for a while now. Really helps me wake up and get in tune with my body to start the day. Holding an empty breath for as long as possible requires quite a bit of mental fortitude to quiet the natural panic, but gives a unique euphoric sensation. Anybody else try WHM? What are your thoughts? #Fitstr #AskNostr #Meditation image
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Rhydian555 1 year ago
Just landed my 4th promotion in 5 years. We all like to romanticize leaving the 9-5 fiat plantation, and that is definitely still the goal, however I'm proud of the rapid growth I've been able to achieve in my professional career thus far. I'll be getting a significant increase in pay, which will enable me to put more into my side hustles and projects, and most importantly, stack more sats. ๐Ÿซก
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Rhydian555 1 year ago
Warfighting is functionally identical to Bitcoin's proof-of-work protocol. #Softwar #Quotestr image
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Rhydian555 1 year ago
I don't know a single thing about Tim Walz, but just looking at this mf gives me the heebie-jeebies image
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