BTC117: Bitcoin and the Start of the Information Era w/ Luke Broyles (Bitcoin Podcast)
We Study Billionaires - The Investor’s Podcast Network
The Price of Bitcoin Is Not Just Cans of Soup
The price of a Campbell's can of soup, tomato soup. It was very consistent for a long period of time until 1971 that we're talking about and clearly something changed there. All of a sudden everything with the brute force physical cost goes up and it's denominated price. And so this goes to hourly consumption as well. We see a clear distinction here in 1971 and productivity's got up well over 200%, but compensation's only got up 100%.
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