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Cryptoflation(lemmy.world)

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RNGesus@lemmy.world
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SuckMyWang@lemmy.world
18 points

Isn’t bitcoin up 130% for the year? I’m confused

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Zorque@kbin.social
12 points

Ah, because bitcoin is up 130% for the year October of this years inflation is contextually necessary for inflation from February of 2022.

Wait, no, now I’m confused. This image is old. It is not current. It is not going to reference current events. Or even events of a couple months ago. It’s going to reference events from two years ago or older.

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SuckMyWang@lemmy.world
7 points

The real question is why is a post about conditions that are 2 years old, getting so much traction now when it appears the opposite is relevant?

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JackbyDev@programming.dev
4 points

Because inflation is still high and crypto is still volatile.

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Zorque@kbin.social
1 point

Because they’re indicative of general economic conditions.

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