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26 sats \ 3 replies \ @Undisciplined 7 Mar \ parent \ on: No, bitcoin didn't really hit an all-time high. Here's why econ
I might disagree that inflation adjustments make the number less relatable. It at least adjusts it in the right direction usually, right?
The problem is that it's used to gaslight people about how the economy is doing.
This!
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"Gaslight" is the key word for this article, indeed.
There’s just one problem: Adjusted for inflation, Bitcoin is actually worth less than it was three years ago.
This sentence calls to mind one of Mark Twain's timeless quips, "There are lies, damn lies, and statistics."
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Ha ha ha cold hard facts!
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