If the tariffs on Swiss products due to Trump amount to 32%, then the Rolex simply costs 32% more. Trump is impoverishing Americans. There will be no interest rate cuts.
Instead of charging US$25 for a steak at the grocery store. We can give the store seven bitcoin SAT’S . I don’t understand, but if the grocery store would take less value in bitcoin then they would in in backed US currency .
You know, I thought the price of bitcoin had to do with supply and demand being there a fixed number of coins and all. But maybe you’re right the US dollar decreased in value so that you need 82,000 of them to buy a bitcoin . bitcoin was under a penny in 2009. Your percentages ,are right on.👍
You’re the only person that I’ve ever talk to who actually buys bitcoin pays the fees and then sells bitcoin to buy groceries .most people I know buy bitcoin and hold it
I think bitcoin is a good investment that can be liquidated immediately. precious metals increase in value, but you don’t go to the store and buy things with a quarter gram of gold. You liquidate the gold into a fiat currency and then you’ll spend it in an existing economy.
El Salvador uses bitcoin and they have a progressive tax system. They’ll progressively tax you using bitcoin so if you’re at the top end of the progressive tax, which is 30%, you would be taxed 30% of your bitcoin .
$FEFE is best sub mil mc coin on the market right now. Why? Because the community is really that good. We are as good as those communities of top coins such as Turbo, Brett, Ponke, etc.
Comments
Money isn’t losing value. Corporate greed is causing inflation.
Bitcoin doesn’t solve inflation due to price hikes; it can only solve inflation due to money supply.
We haven’t printed any money since Covid relief.
Today that same grocery trip costs me 450$ OR 0.005BTC
It costs about 50% more in USD and about 10X less in BTC
Over time Fiat makes your life more expensive
Over time btc makes your life less expensive
One is bad money
One is good
If BTC is 1 million USD
Did Bitcoin increase in value or
Did USD purchasing power decrease?
Magic thinking is a problem for this generation. They become easy targets for any Ponzi scheme, like bitcoin (money made by yourself).
And they hate anyone who desagree them. This generation is ... well, is the future ...
Lets go...
50% over 5 years is 8%/yr
5% increase is price gauging
If u start using BTC for all transactions, u won’t have BTC left in a few year and u won’t be able to buy back Bitcoin at that time.
In 5 years time, all Bitcoin will be with mega corporations and retail will have none.
It's an odd reply to my above comment
The dollars lost like 90% of its value. It's bad money.
At the Ren Faire somebody purchased Bitcoin from me with items that they had made, hand carved wooden hand axes. So yeah
5 years ago big grocery trip for me would cost $300 in dollars and ₿0.05 in Bitcoin
Today that same grocery trip for me would cost $450 in dollars and ₿0.005 in Bitcoin
Over 5 years my groceries have gotten more expensive in dollars and less expensive in BTC
Bitcoin fixes this
Pepe is the next people’s currency
And so is Fefe 🐸
I hope you guys are ready for what comes next ✅🌅