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10 sats \ 2 replies \ @unboiled 27 Oct \ on: 🏷️ Hey it’s Spending Sunday! What Have You Bought with Bitcoin this Week? AGORA
This past week:
Groceries and a few hundred kWh of electricity at a local supermarket (Pick n Pay).
Continued tracking select items that regularly make it onto our shopping list. Price in sats went up between 4 and 11% depending on the item when comparing to the beginning of the month when I started tracking those items.
Volatility is real, but so is the long term trend.
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21 sats \ 1 reply \ @AG 27 Oct
Thanks for sharing, that's really useful to know. What's the most common item you buy on a weekly basis in sats?
Coffee? Petrol? would be ice to know what's the index over there and compare with other places.
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0 sats \ 0 replies \ @unboiled 27 Oct
The regular purchases I started tracking are petrol, water (utility), electricity, milk, and phone data.
None of those purchases happen every single week. But we do buy those often enough and (except for petrol) in every place we spend time in over the course of a year. Plus they're similar enough in the different regions to meaningfully compare them.
On a weekly basis, we tend to buy meat and vegetables. They're so varied, it doesn't make sense track them. And we frequently buy from other shops offering different cuts / veggies, but not accepting btc yet.
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