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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
$63,053.27
-0.04%
$63,053.27
-0.04%
(24s)24h Volume
$2,468,496,026.78
24h H/L
$63,175.00 / $62,920.00
Change: $255.00 (0.41%)
Long/Short
67.9%
Long: 67.9%Short: 32.1%
Funding Rate
+0.0025%
Longs 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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