I have watched the purchasing power of my local currency (AUD) nearly halve (in real terms) since 2020.
My rent was $295, now $500 per week.
Houses in my price range in 2020 were ~$300k, now $450k.
1kg of beef mince $8 in 2020, now $13.
Everything I buy has inflated in this manner. Yet the government tells us that inflation is 7% yoy.
All of these items cost significantly less when priced in bitcoin.
Hence Why I no longer wish to volunteer to be scalped by purchasing a home with my inflated fiat.
submitted by /u/UBIQZ
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