{"id":264538,"date":"2024-11-14T21:45:35","date_gmt":"2024-11-14T21:45:35","guid":{"rendered":"https:\/\/michigandigitalnews.com\/index.php\/2024\/11\/14\/see-how-fast-your-savings-and-salary-are-collapsing-against-bitcoin\/"},"modified":"2025-06-25T17:10:30","modified_gmt":"2025-06-25T17:10:30","slug":"see-how-fast-your-savings-and-salary-are-collapsing-against-bitcoin","status":"publish","type":"post","link":"https:\/\/michigandigitalnews.com\/index.php\/2024\/11\/14\/see-how-fast-your-savings-and-salary-are-collapsing-against-bitcoin\/","title":{"rendered":"See How Fast Your Savings and Salary Are Collapsing Against Bitcoin"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<p>With the price surging above $90,000, you\u2019re likely all too aware that everything that isn\u2019t Bitcoin is rapidly diminishing in value\u2026<\/p>\n<figure>\n<p>                        <img fetchpriority=\"high\" decoding=\"async\" src=\"https:\/\/bitcoinmagazine.com\/.image\/c_fit%2Ch_800%2Cw_1200\/MjEwMzI1OTk3NDk5NzIxMjk0\/pete-rizzo.png\" height=\"800\" width=\"834\"><figcaption>Follow Rizzo on X.<\/p>\n<p>https&amp;colon;&amp;sol;&amp;sol;x&amp;period;com&amp;sol;pete&amp;lowbar;rizzo&amp;lowbar;&amp;sol;<\/p>\n<\/figcaption><\/figure>\n<p>But now you can visualize it! On\u00a0<a href=\"http:\/\/pricedinbitcoin21.com\">PricedInBitcoin21.com<\/a>.<\/p>\n<p>I just discovered this website this week, and as a Bitcoin owner, I\u2019ll say it makes me feel better about my financial decisions.\u00a0<\/p>\n<p>As you can see from a quick glance here, the U.S. dollar is now down 86% against Bitcoin on a 5 year basis.\u00a0<\/p>\n<p>Ouch.<\/p>\n<figure>\n<p>                        <img decoding=\"async\" src=\"https:\/\/bitcoinmagazine.com\/.image\/c_fit%2Ch_800%2Cw_1200\/MjEwNzAwODA4NTU4MjI1Mzg1\/screenshot-2024-11-14-at-124744pm.png\" height=\"391\" width=\"1200\"><\/p>\n<\/figure>\n<p>Most of the charts are a sea of red.<\/p>\n<p>Here\u2019s a look at Bitcoin\u2019s performance against precious metals. I\u2019m glad I don\u2019t own any! From a quick look, we can see they are rapidly going to zero against a superior asset\u2026<\/p>\n<figure>\n<p>                        <img decoding=\"async\" src=\"https:\/\/bitcoinmagazine.com\/.image\/c_fit%2Ch_800%2Cw_1200\/MjEwNzAwODE5MDI3MjA4MDE3\/screenshot-2024-11-14-at-124811pm.png\" height=\"347\" width=\"1200\"><\/p>\n<\/figure>\n<p>At this point in the article you\u2019re either depressed beyond all reason, or reasonably happy, so I figured we\u2019d throw in another chart.<\/p>\n<figure>\n<p>                        <img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/bitcoinmagazine.com\/.image\/c_fit%2Ch_800%2Cw_1200\/MjEwNzAwODM1NDAxNzcwOTg1\/screenshot-2024-11-14-at-124932pm.png\" height=\"273\" width=\"1200\"><\/p>\n<\/figure>\n<p>This one shows how fast the value of wages are dropping against BTC. I still get paid in dollars, preferring to roll over my savings, but I have to say, this makes me reconsider the decision\u2026<\/p>\n<p>On a 5-year basis, you\u2019ve lost nearly all of your purchasing power. Wow-wee. At least you didn&#8217;t buy livestock&#8230;<\/p>\n<figure>\n<p>                        <img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/bitcoinmagazine.com\/.image\/c_fit%2Ch_800%2Cw_1200\/MjEwNzAwODQ2OTQ0NDk1NDQx\/screenshot-2024-11-14-at-124957pm.png\" height=\"260\" width=\"1200\"><\/p>\n<\/figure>\n<p>Anyway, I\u2019ll be bookmarking this site, and referring back to it.<\/p>\n<p>If you don\u2019t yet own Bitcoin, it provides all the evidence you need to understand the situation \u2013 get off zero or face the red wave of economic reality.<\/p>\n<p><em>This article is a <\/em><a href=\"https:\/\/bitcoinmagazine.com\/takes\/bitcoin-magazine-introduces-opinion-takes\"><em>Take<\/em><\/a><em>. Opinions expressed are entirely the author&#8217;s and do not necessarily reflect those of BTC Inc or Bitcoin Magazine.<\/em><\/p>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/bitcoinmagazine.com\/markets\/your-savings-salary-collapsing-against-bitcoin\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] With the price surging above $90,000, you\u2019re likely all too aware that everything that isn\u2019t Bitcoin is rapidly diminishing in value\u2026 Follow Rizzo on<\/p>\n","protected":false},"author":1,"featured_media":264539,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[172],"tags":[],"_links":{"self":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/264538"}],"collection":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/comments?post=264538"}],"version-history":[{"count":0,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/264538\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media\/264539"}],"wp:attachment":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media?parent=264538"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/categories?post=264538"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/tags?post=264538"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}