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The numbers are irrelevant over time. Can you buy the same things for 1 ETH now as you could then?
by blep_ 4y ago
The numbers are irrelevant over time. Can you buy the same things for 1 ETH now as you could then?
- kodyo 4y agoDollars have similar problems, for more depraved reasons.
- calculatte 4y agoThat all depends on the time points you are comparing to. 1 ETH now is $1400. 3 years ago it was $180. Can you buy the same things for 1 USD as you could then? (no)
- blep_ 4y agoNo, but it's close. USD's swings are a hell of a lot less wild, even in high-inflation years.
- calculatte 4y agoThey certainly are less wild. It also only trends in one direction.