Gallon of Gas
per gallon · Transportation🐢 Conservative
May never reach parity under this scenario
The growth rate is too low to overcome this item's inflation rate
A gallon of regular gas costs about $4.63 right now. With prices rising ~7.9% per year, under this scenario Bitcoin's long-term growth rate doesn't outpace this item's inflation enough for convergence to occur.
What 5 sats cost today:
$0.00000
Scenario
Most likely outcomes
Convergence projection
How has the clock moved?
Data collection in progress
Monthly pipeline snapshots will show how gallon of gas's convergence date shifts over time
Further reading
What Actually Causes Inflation? — Part 1 of 3
Oil Shocks Can't Cause Broad Inflation (On Their Own)
Why Bitcoin Was Created
Who Actually Benefits From New Money? (The Cantillon Effect)
Where Does New Bitcoin Come From? (And Why It Stops at 21 Million)
Sats vs Bitcoin: Why Everyone Will Start Saying 'Sats'
The 2008 Financial Crisis, in Plain English
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