By over 30%:
Source: in2013dollars.com
Meanwhile...
$1000 would've bought 7.388 BTC in August 2013.
7.388 BTC today is worth... $193,186.08
Tell me again which one is the best place to store value?
Edit: Downvoted for showing facts. Not surprised.
electriccars
joined 1 year ago
Yes sir. Wouldn't want regular folks to be able to retain the value of their savings! Government's restricted to being fiscally responsible instead of printing their way out of problems with the hidden tax on the poor that is inflation? Ridiculous!
'Murica #1!!! (In high internet prices)
That's a fair point, maybe I should look into using newpipe and use what was my monthly payment as a direct donation to my favorite creators instead. Thanks for the informative reply!
Yep! The welfare cliff I believe it's called. Evidence of a poorly designed welfare system, which I think some see as a feature not a bug sadly.
Most Americans have no clue what the rest of the world is like.
Most Americans don't even understand the progressive income tax system we have, they will go so far as to decline raises because it'll put them in a higher bracket and they think that will mean less take home pay. It doesn't! You should always take a raise!
I believe I'll someday move to a country that has good policies for everything from healthcare, to work life balance, and social safety nets, and I'll never have to deal with the American nightmare again.
That's a feature not a bug.