Hello!
Today I was reading twitter and I found a funny chart showing the evolution of the price of a Big Mac in Satoshis. As you already know a Bitcoin can be divided by 100,000,000 satoshis which is the smallest unit of Bitcoin.
Sometimes the unexperienced people don't want to buy Bitcoin because they don't know that they can get a part of it, they think that they need to buy a whole Bitcoin and for them is too expensive at 30,000$. Imagine what they will think when we hit 100,000$ and higher.
The chart is made by @ecoinometrics, one of my favorite Crypto Twitter accounts that I recommend you to follow. I sent the chart to most of my friends to see if they understand why they should invest in crypto right now, but they don't seem to bother. Time will tell who is in the good side of the story, as fas as I can tell by this data, they aren't.
It is just a matter of time until they figure out the opportunity cost of not paying attention to crypto.
Here you have the chart:
Inflation
I assume that this chart is not taking into account the "inflation" that is Big Mag suffering over this period. It's true that the period is just 7 years, but it is huge in long periods of time.
Take a look at this photo that shows the price of a Big Mac in 1972 at 0,65$:
Be prepared for the inflation, That's the most powerful weapon to steal your wealth.
Stay safe out there! π
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hi dear @resiliencia
the big mac, it is my favorite food of the fast foods bought in restaurants, this analysis that you do is very great, it is true that cryptocurrencies should be humanized to take them to a land where ordinary people understand.
greetings
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Thank you!
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