Inflation Adjusted BTC ATH by Country X Price - Visualization
1022 sats \ 6 comments \ @sorukumar 5 Mar charts
The BTC price vs BTC ATH 2021 world map is green everywhere. Based on feedback from the last post, it seems everyone prefers colorful maps, with a palette of red and green, rather than just green.
So, here it is inflation-adjusted ATH vs current price. Inflation data I pulled from IMF. The effective inflation is calculated for Nov-2021 to March 2024. IMF has a 2024 number (forecast) as well.
https://sorukumar.github.io/ChartingExperiment/btcathinflation/
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25 sats \ 2 replies \ @0xbitcoiner 5 Mar
Could you please give a brief explanation on how to interpret colors?
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21 sats \ 1 reply \ @sorukumar OP 5 Mar
Here is one with the legend. Have a lot of data on inflation as a tooltip by the way.
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0 sats \ 0 replies \ @0xbitcoiner 5 Mar
thanks
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25 sats \ 1 reply \ @Bitcoiner1 5 Mar
Not sure why Argentina is green and the rest of South America in red...
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0 sats \ 0 replies \ @sorukumar OP 5 Mar
I'll say that inflation is not the only driver for high BTC prices; it may be an insignificant factor. Other factors are in play. I can conjure up a theory on why the behavior may be different for Argentina vs Venezuela, but frankly, I would like to hear from folks who follow South America more closely
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0 sats \ 0 replies \ @dmihaela974 5 Mar outlawed
stackers have outlawed this. turn on wild west mode in your /settings to see outlawed content.