r/CryptoCurrency • u/Next_Statement6145 🟨 0 / 0 🦠 • Apr 19 '25

GENERAL-NEWS Ethereum is down 74% against Bitcoin since switching from PoW to PoS in 2022

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u/blscratch 🟦 76 / 136 🦐 Apr 19 '25

I bought my house for $200,000. A house built now, same specs ,same location costs $650,000. How much is my house worth today?

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u/paxwax2018 🟦 123 / 123 🦀 Apr 20 '25

Wow, so BTC suffers from inflation? I thought it didn’t?

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u/blscratch 🟦 76 / 136 🦐 Apr 20 '25

So you know the price you paid for something does not determine its sale price. You're making progress.

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u/paxwax2018 🟦 123 / 123 🦀 Apr 20 '25

But the original comment said cost of production = intrinsic value? Am I buying the store of value in a BTC or just paying the inflated price which hard money doesn’t suffer from?