The BTC price vs BTC ATH 2021 world map is green everywhere. Based on feedback from the last post, it seems everyone prefers colorful maps, with a palette of red and green, rather than just green.
So, here it is inflation-adjusted ATH vs current price. Inflation data I pulled from IMF. The effective inflation is calculated for Nov-2021 to March 2024. IMF has a 2024 number (forecast) as well.
https://sorukumar.github.io/ChartingExperiment/btcathinflation/
Previous post:
Could you please give a brief explanation on how to interpret colors?
Here is one with the legend. Have a lot of data on inflation as a tooltip by the way.
https://m.stacker.news/18980
thanks
Not sure why Argentina is green and the rest of South America in red...
I'll say that inflation is not the only driver for high BTC prices; it may be an insignificant factor. Other factors are in play. I can conjure up a theory on why the behavior may be different for Argentina vs Venezuela, but frankly, I would like to hear from folks who follow South America more closely
👍👍