With the price surging above $90,000, you’re likely all too aware that everything that isn’t Bitcoin is rapidly diminishing in value…
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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, I’ll say it makes me feel better about my financial decisions.Â
As you can see from a quick glance here, the U.S. dollar is now down 86% against Bitcoin on a 5 year basis.Â
Ouch.
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Most of the charts are a sea of red.
Here’s a look at Bitcoin’s performance against precious metals. I’m glad I don’t own any! From a quick look, we can see they are rapidly going to zero against a superior asset…
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At this point in the article you’re either depressed beyond all reason, or reasonably happy, so I figured we’d throw in another chart.
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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, you’ve lost nearly all of your purchasing power. Wow-wee. At least you didn't buy livestock...
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Anyway, I’ll be bookmarking this site, and referring back to it.
If you don’t 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.
Source: Bitcoin Magazine - Bitcoin News, Articles and Expert Insights