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via Bitcoin Magazine · By Bitcoin Magazine Editorial
A Little Story About Inflation - An Excerpt From Bitcoin: The Honest Money
BTC
BTC/USDT
$79,706.04
-1.75%
$79,706.04
-1.75%
(24s)24h Volume
$18,213,172,234.91
24h H/L
$81,423.03 / $78,660.00
Change: $2,763.03 (3.51%)
Long/Short
52.6%
Long: 52.6%Short: 47.4%
Funding Rate
-0.0014%
Shorts pay
Data provided by COINOTAG DATALive data
BM
Bitcoin Magazine Editorial(06:14 PM UTC)
1 min read
When I was a teenager, I delivered newspapers. I earned 10 German marks (DM) per hour. That was enough money to buy 33 scoops of ice cream, since a single scoop only cost 30 cents, or pfennig, as they were back then.
Fast forward to 2025: today, a teenager delivering newspapers earns at most €12 per hour. However, a scoop of ice cream now costs a hefty €1.50, and sometimes more than €2 in the…
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