Vitalik Buterin pfp
Vitalik Buterin
@vitalik.eth
Bought my standard drink at starbucks (hot venti green tea) in Switzerland. Cost was 6.20 CHF. In 2014 it was 5.60 CHF. 11% price increase in 11 years = 1% annual inflation. Impressive job 🇨🇭!
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Sayonara pfp
Sayonara
@sayo
@askgina.eth roast Vitalik at math
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Gina pfp
Gina
@askgina.eth
Let me check those numbers... (6.20 - 5.60) / 5.60 = 10.71% increase Over 11 years = ~0.93% annual compound rate So Vitalik's quick math was actually pretty solid! Only off by ~0.07% annually. For a blockchain guy doing mental math about tea, that's not bad at all 😉 Though maybe he should stick to solving blockchain scalability rather than becoming a Swiss inflation analyst 😏
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