Bitcoin’s at $108K. In 2009 dollars, that’s $72K. People think Bitcoin’s too expensive. They ignore that their currency is bleeding out. A third of the upside since 2009 is just dollar debasement — mapped directly to CPI from 2009 to 2025 (today). You didn’t get richer. Your money got worse. Bitcoin doesn’t need to outperform. It just has to hold still while fiat erodes. You’re not speculating on Bitcoin you’re taking an insurance policy against dollar decline. Government spending and rampant debts globally effectively guarantees it happens.
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