For the past 30 ish years the median wage has barely moved..
Up from around $28k to $33k... Now it is VERY important to look at median and not average. Why one might ask? Well The top 1% have been getting massive, MASSIVE increases in pay this launches the average wage to the moon and makes it look like it is going up.. well for those that are not in the top 1% it is not.
Now if we look at housing, food, etc these things have risen 200-1000% ...
There is zero sign of this trend ending..
"You can fool some people every time, You can fool most people most of the time, you cannot fool everyone all the time" IMO we are reaching the point where it is becoming impossible to continue on with this sham. In the next 20 years rent and food alone will hit a point where it costs above the median wage to have both..
Until people start asking "how can't I afford to eat, how is this possible" bitcoin will remain stagnate. Alas we will live through "interesting" times.
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