See How Fast Your Savings and Salary Are Collapsing Against Bitcoin
With the price surging above $90,000, youre likely all too aware that everything that isnt Bitcoin is rapidly diminishing in value
https://x.com/pete_rizzo_/
But now you can visualize it! On PricedInBitcoin21.com.
I just discovered this website this week, and as a Bitcoin owner, Ill say it makes me feel better about my financial decisions.
As you can see from a quick glance here, the U.S. dollar is now down 86% against Bitcoin on a 5 year basis.
Ouch.
Most of the charts are a sea of red.
Heres a look at Bitcoins performance against precious metals. Im glad I dont own any! From a quick look, we can see they are rapidly going to zero against a superior asset
At this point in the article youre either depressed beyond all reason, or reasonably happy, so I figured wed throw in another chart.
This one shows how fast the value of wages are dropping against BTC. I still get paid in dollars, preferring to roll over my savings, but I have to say, this makes me reconsider the decision
On a 5-year basis, youve lost nearly all of your purchasing power. Wow-wee. At least you didn't buy livestock...
Anyway, Ill be bookmarking this site, and referring back to it.
If you dont yet own Bitcoin, it provides all the evidence you need to understand the situation get off zero or face the red wave of economic reality.
This article is a Take. Opinions expressed are entirely the author's and do not necessarily reflect those of BTC Inc or Bitcoin Magazine.
Read more: https://bitcoinmagazine.com/markets/your-savings-salary-collapsing-against-bitcoin
Text source: Bitcoin Magazine: Bitcoin News, Articles, Charts,
