Phil Geiger
33.4K posts
@phil_geiger
You don't own enough bitcoin | Head of BD @Metaplanet | MTB and CX racer | Advisor: @BrantaOps | Prev: @unchained
The US inflation index went down quite significantly today from 1.77% to 1.26%. Truflation CPI often shows larger monthly shifts on the 1st of each month because multiple data providers update their data. This time, the shift is downwards and unusually strong, highlighting multiple sticky deflationary trends across major categories, while gasoline prices continue to go up and have driven inflation higher over the past month. Main drivers of this renewed deflationary wave: 1. Transport (-0.17%) - Used and New car price inflation is decreasing despite being offset by the Gasoline prices going up. 2. Food (-0.10%) - Food at home and Food away from home inflation is dropping. 3. Utilities (-0.10%) - Natural Gas prices are declining. 4. Housing (-0.09%) - Prices are dropping across all 3 sub-categories: Rented, Owned, and Other Lodgings. Our data team also researched potential reasons behind these large shifts across multiple categories, which you can read in the thread below ⬇️
Nationwide expansion of private voucher schools?
@milessuter Is there a reason y'all decided not to make the bitcoin payment selection on the payer side? It'd be way better UX if they didn't even have to ask the merchant to pay in bitcoin and could just press a little bitcoin symbol in the corner of the screen to enable it.
We’re making it easier for millions of businesses to accept bitcoin. Starting today, eligible U.S. @Square sellers will begin having Bitcoin payments automatically enabled. Sellers who accept bitcoin will receive USD as default. This is how bitcoin as everyday money begins.
