Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Approximate annual inflation rates since Jan/2014:
Euro Area (Euro) 1%
USA (Dollar) 1.6 %
China (Yuan) 2%
Brazil (Real) 6.5%
Argentina (Peso) 11%
Venezuela (Bolívar) 54%
Bitcoinland (Bitcoin) 350%
Euro Area (Euro) 1%
USA (Dollar) 1.6 %
China (Yuan) 2%
Brazil (Real) 6.5%
Argentina (Peso) 11%
Venezuela (Bolívar) 54%
Bitcoinland (Bitcoin) 350%
How 'bout a 2 year average? That would give quite the different picture
.Honestly though, it would be more fair to look at monetary inflation (in which bitcoin is still quite inflationary at present, admittedly).