Thursday 11 May 2023

I have delayed buying a home until after the halving.


I have watched the purchasing power of my local currency (AUD) nearly halve (in real terms) since 2020.My rent was $295, now $500 per week.Houses in my price range in 2020 were ~$300k, now $450k.1kg of beef mince $8 in 2020, now $13.Everything I buy has inflated in this manner. Yet the government tells us that inflation is 7% yoy.All of these items cost significantly less when priced in bitcoin.Hence Why I no longer wish to volunteer to be scalped by purchasing a home with my inflated fiat. via /r/Bitcoin https://bit.ly/42wdkjK

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