August's avatar
August 2 months ago
500 florins in 1481 equivalent to $80,000? More like four times that. People lived off a two dozen florins a year.

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Hence the title is estimate. This was a single query from an AI. I was just trying to show how OG bitcoiners could even be capitalist and be a patron of a craftsman doing something like leather or wool clothing for a fraction of the money the Medicis spent