After the Anchor
What happens to money when the anchor is cut.
Measured in
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If you held it as cash
In Aug 1971, one Big Mac cost $0.65.
That same $0.65, held as cash, can buy 0.11 Big Macs today — 89% of its purchasing power, lost to inflation.
If you held it as bitcoin
Bitcoin did not exist yet.
The first block was mined on January 3, 2009. Drag forward.
○ BTC $78,100 cached