Electricity Bill
avg monthly ยท Householdโ๏ธ Moderate
Countdown to parity
The average electricity bill runs about $150.00 a month. At ~3.3% annual inflation, it will cost $566.01 in 2067. By then, 1 satoshi will be worth enough that 150 sats will buy an electricity bill.
What 150 sats cost today:
$0.15
Scenario
Most likely outcomes
Convergence projection
How has the clock moved?
Data collection in progress
Monthly pipeline snapshots will show how electricity bill's convergence date shifts over time
Further reading
What Actually Causes Inflation? โ Part 1 of 3
Oil Shocks Can't Cause Broad Inflation (On Their Own)
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?
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