▲ 1766 ▼ Cryptoflation (lemmy.world) submitted 2 years ago by rnjesus@lemmy.world to c/microblogmemes@lemmy.world 97 comments fedilink hide all child comments
[–] SuckMyWang@lemmy.world 18 points 2 years ago (1 child) Isn’t bitcoin up 130% for the year? I’m confused permalink fedilink source parent hideshow 2 child comments replies: [–] Zorque@kbin.social 12 points 2 years ago (1 child) Ah, because bitcoin is up 130% for the year October of this years inflation is contextually necessary for inflation from February of 2022. Wait, no, now I'm confused. This image is old. It is not current. It is not going to reference current events. Or even events of a couple months ago. It's going to reference events from two years ago or older. permalink fedilink source parent hideshow 2 child comments replies: [–] SuckMyWang@lemmy.world 7 points 2 years ago (2 children) The real question is why is a post about conditions that are 2 years old, getting so much traction now when it appears the opposite is relevant? permalink fedilink source parent hideshow 4 child comments replies: [–] JackbyDev@programming.dev 4 points 2 years ago Because inflation is still high and crypto is still volatile. permalink fedilink source parent [–] Zorque@kbin.social 1 point 2 years ago (1 child) Because they're indicative of general economic conditions. permalink fedilink source parent hideshow 2 child comments replies: [–] SuckMyWang@lemmy.world 1 point 2 years ago Not really, bitcoin was trending sideways before the banking crisis. If anything bitcoin solidified its reversal when this happened. So it did the opposite of what would normally cause poor general economic conditions permalink fedilink source parent
[–] Zorque@kbin.social 12 points 2 years ago (1 child) Ah, because bitcoin is up 130% for the year October of this years inflation is contextually necessary for inflation from February of 2022. Wait, no, now I'm confused. This image is old. It is not current. It is not going to reference current events. Or even events of a couple months ago. It's going to reference events from two years ago or older. permalink fedilink source parent hideshow 2 child comments replies: [–] SuckMyWang@lemmy.world 7 points 2 years ago (2 children) The real question is why is a post about conditions that are 2 years old, getting so much traction now when it appears the opposite is relevant? permalink fedilink source parent hideshow 4 child comments replies: [–] JackbyDev@programming.dev 4 points 2 years ago Because inflation is still high and crypto is still volatile. permalink fedilink source parent [–] Zorque@kbin.social 1 point 2 years ago (1 child) Because they're indicative of general economic conditions. permalink fedilink source parent hideshow 2 child comments replies: [–] SuckMyWang@lemmy.world 1 point 2 years ago Not really, bitcoin was trending sideways before the banking crisis. If anything bitcoin solidified its reversal when this happened. So it did the opposite of what would normally cause poor general economic conditions permalink fedilink source parent
[–] SuckMyWang@lemmy.world 7 points 2 years ago (2 children) The real question is why is a post about conditions that are 2 years old, getting so much traction now when it appears the opposite is relevant? permalink fedilink source parent hideshow 4 child comments replies: [–] JackbyDev@programming.dev 4 points 2 years ago Because inflation is still high and crypto is still volatile. permalink fedilink source parent [–] Zorque@kbin.social 1 point 2 years ago (1 child) Because they're indicative of general economic conditions. permalink fedilink source parent hideshow 2 child comments replies: [–] SuckMyWang@lemmy.world 1 point 2 years ago Not really, bitcoin was trending sideways before the banking crisis. If anything bitcoin solidified its reversal when this happened. So it did the opposite of what would normally cause poor general economic conditions permalink fedilink source parent
[–] JackbyDev@programming.dev 4 points 2 years ago Because inflation is still high and crypto is still volatile. permalink fedilink source parent
[–] Zorque@kbin.social 1 point 2 years ago (1 child) Because they're indicative of general economic conditions. permalink fedilink source parent hideshow 2 child comments replies: [–] SuckMyWang@lemmy.world 1 point 2 years ago Not really, bitcoin was trending sideways before the banking crisis. If anything bitcoin solidified its reversal when this happened. So it did the opposite of what would normally cause poor general economic conditions permalink fedilink source parent
[–] SuckMyWang@lemmy.world 1 point 2 years ago Not really, bitcoin was trending sideways before the banking crisis. If anything bitcoin solidified its reversal when this happened. So it did the opposite of what would normally cause poor general economic conditions permalink fedilink source parent