Loaf of Bread
per loaf ยท Food & Drinkโ๏ธ Moderate
Countdown to parity
A loaf of bread runs about $3.50 these days. At ~2.8% annual inflation, it will cost $8.66 in 2059. By then, 1 satoshi will be worth enough that 4 sats will buy a loaf of bread.
What 4 sats cost today:
$0.00388
Scenario
Most likely outcomes
Convergence projection
How has the clock moved?
Data collection in progress
Monthly pipeline snapshots will show how loaf of bread's convergence date shifts over time
Further reading
What Actually Causes Inflation? โ Part 2 of 3
The Real Definition of Inflation โ and Why Technology Should Make Life Cheaper
How Inflation Quietly Erodes Your Purchasing Power
What Actually Causes Inflation? โ Part 3 of 3
So Why Do We Need a Growing Money Supply at All?
Why Bitcoin Was Created
Does the Fed Actually Print Money?
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