If freshly printed money was distributed evenly... it would defeat the point. 🖨️💵

#Bitcoin

Every government wants the tax base broad and the pain diffuse, because concentrated losses produce organized resistance while spread-out losses produce grumbling.

#Bitcoin

If your money is free of inflation, then every efficiency gain in production shows up as cost savings.

#Bitcoin

Video game consoles have fallen dramatically in price, but consumers think they are more expensive than ever.

Why? Because the money supply has expanded 65 times since 1971: $84b to $5.5t. The population has gone through 6 halvings of having their purchasing power cut in half.

Therefore, the upcoming Xbox Helix (2028) is going to be launched at $1,800 nominal dollars when the real cost in 1971 dollars is about $30.

Consoles are affordable, but we are POOR. Save in #Bitcoin to take advantage of deflation again.

No. Consoles have never been more affordable. Deflation in technology has made consoles 65x less costly in real times. It is the currency that is pricing itself to death, not video game consoles.

When using the expansion of base money to calculate inflation, instead of CPI, the average inflation has been ~8% a year since 1971.

Thus, actual console prices are:

- Atari 2600 (1977): $199.99 → $134.39
- NES (1985): $199.99 → $86.15
- SNES (1991): $199.99 → $54.19
- Nintendo 64 (1996): $199.99 → $38.62
- PlayStation (1995): $299.99 → $60.72
- PlayStation 2 (2000): $299.99 → $45.82
- GameCube (2001): $199.99 → $27.10
- Xbox (2001): $299.99 → $40.64
- Xbox 360 (2005): $299.99 → $32.73
- PlayStation 3 (2006): $499.99 → $50.60
- Wii (2006): $249.99 → $25.30
- Wii U (2012): $299.99 → $9.51
- PlayStation 4 (2013): $399.99 → $10.03
- Xbox One (2013): $499.99 → $12.54
- Switch (2017): $299.99 → $7.10
- PS5 (2020): $499.99 → $9.03
- Switch 2 (2025): $449.99 → $6.76
- PS5 Pro (2026): $899.99 → $13.85
- Xbox Helix (2028): $1,800.00 → $27.69

Consoles are "expensive" today because the population has been ransacked by inflation. Consoles are cheaper than ever, but we are also poorer than ever.

This is why we save in #Bitcoin.