The first time Bitcoin hit 30k was around December 2021,
U.S. inflation rate for 2023 was 3.7% as of September
U.S. inflation rate for 2022 was 8.00%, a 3.3% increase from 2021.
U.S. inflation rate for 2021 was 4.70%, a 3.46% increase from 2020.
U.S. inflation rate for 2020 was 1.23%, a 0.58% decline from 2019.
U.S. inflation rate for 2019 was 1.81%, a 0.63% decline from 2018.
So if we use their shitty CPI number as the measurement wouldn't 30k of 2021 be $34,076.36 in today's dollars so technically we're still below/fat vs 2021?
Lol but is it through?
The first time Bitcoin hit 30k was around December 2021,
U.S. inflation rate for 2023 was 3.7% as of September U.S. inflation rate for 2022 was 8.00%, a 3.3% increase from 2021. U.S. inflation rate for 2021 was 4.70%, a 3.46% increase from 2020. U.S. inflation rate for 2020 was 1.23%, a 0.58% decline from 2019. U.S. inflation rate for 2019 was 1.81%, a 0.63% decline from 2018.
So if we use their shitty CPI number as the measurement wouldn't 30k of 2021 be $34,076.36 in today's dollars so technically we're still below/fat vs 2021?
[1] - source
👍😎 Thank you for this clarification