The dollar, burning.
The US dollar priced in bitcoin, every day since August 2010. The paper that is left is what a dollar still buys. The ash is what it lost.
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Daily averages from blockchain.com since 2010, extended with Coinbase daily closes and the live spot price. Log scale. Hover or touch the edge for exact values.
One dollar buys
…sats
Read like a clock, this number is what bitcoiners call Moscow time.
- Bitcoin in dollars
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- One dollar in Aug 2010
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- Dollar vs bitcoin, 12 months
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- Dollar vs bitcoin, since 2010
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Any money, in sats
Live rates for every currency Coinbase quotes. Type an amount or pick a currency.
… sats
Every fiat, against bitcoin
How much purchasing power each currency lost measured in bitcoin. Historical rates from the European Central Bank reference set via Frankfurter; today from live Coinbase quotes.
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Your savings, re-priced
Pick an amount you held in cash and the year you held it. See what it was worth in sats then, and what it buys now.
Then it bought…
Today it buys…
Sats per unit, worldwide
What one unit of each currency buys in satoshis right now. Bars on a log scale.
From the comment board
The root problem with conventional currency is all the trust that’s required to make it work. The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust.
Bitcoin is hope!
Bitcoin is not money for the Internet, it’s the Internet of money.
It seemed so obvious to me: 'Here we are, faced with the problems of loss of privacy, creeping computerization, massive databases, more centralization, and David Chaum offers a completely different direction to go in; one which puts power in the hands of individuals rather than governments and corporations.'
We have elected to put our money and faith in a mathematical framework that is free of politics and human error.
Bitcoin is the currency of resistance... If Satoshi had released Bitcoin 10 years earlier, 9/11 would never have happened.
In the medium and long term, this exclusive reliance on fiat currency will disappear and Bitcoin will become the world's new monetary system.
Who would have ever thought that a kid from Brownsville would be in Bitcoin?
Bitcoin is going to be a force for peace in the world.
I don’t understand it, so I will probably stay away from it until I get a full understanding of what it is.
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