Frames ·№2

After the Anchor

What happens to money when the anchor is cut.

Measured in
USD purchasing power vs. Bitcoin since 1971A logarithmic chart comparing the steady decline of one US dollar's purchasing power since 1971 against the appreciation of bitcoin held since 2010. Measured in Big Macs with source data through April 2026. Drag to inspect any month.×1×10×100×1k×10k×100k×1000k1971198019902000201020202026NIXONVOLCKERWHITEPAPERGENESIS$20KCOVIDATH·IHALVINGATH·IIUSD purchasing powerBitcoin (held since 2010)
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If you held it as cash

In Aug 1971, one Big Mac cost $0.65.

That same $0.65, held as cash, can buy 0.11 Big Macs today — 89% of its purchasing power, lost to inflation.

If you held it as bitcoin

Bitcoin did not exist yet.
The first block was mined on January 3, 2009. Drag forward.

○ BTC $78,100 cached quote · chart data through April 2026