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@magnacarta
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The insane price swings which Bitcoin is known for having is really an insane price swing in the amount of fiat money needed to purchase 1 BTC. Since USD is the official legal tender currency of El Salvador, the insane price swings are measured in USD. The same holds true for the effects of inflation.

For people buying and selling goods or services using Bitcoin, that is not a concern.

If a gallon off milk today costs USD 3, it's equivalent (more or less) today is BTC 0.00007920 (or 7,920 Satoshi).

If tomorrow inflation in USD terms reaches 100%, everything sold today costs double USD tomorrow. The gallon of milk tomorrow will cost USD 6, and 1 BTC tomorrow will cost double the USD price from today.

However, 1 BTC today is worth 1 BTC tomorrow, so 7,920 Satoshi today is still 7,920 Satoshi tomorrow.

For the shopper wanting to pay for a gallon of milk using USD, that shopper is at the mercy of inflation (especially when it's caused by helicopter money). The shopper wanting to use BTC to pay for a gallon of milk, on the other hand, doesn't have that concern (or at least that level of concern).

This should remove a good amounf of fear and doubt from th FUD being spread by the IMF and its partners in international and transnational banking.

Posted Using LeoFinance Beta