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Bag of Rice

per 5 lbs ยท Food & Drinkโš–๏ธ Moderate

Countdown to parity

A 5 lb bag of rice goes for about $5.37 at the store. At ~2.2% annual inflation, it will cost $11.40 in 2060. By then, 1 satoshi will be worth enough that 5 sats will buy a 5 lb bag of rice.

How is this calculated?

What 5 sats cost today:

$0.00485

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Scenario

Most likely outcomes

Convergence projection

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How has the clock moved?

Data collection in progress

Monthly pipeline snapshots will show how bag of rice's convergence date shifts over time

Bag of Rice prices rising ~2.2% per year
Source: BLS CPI - Rice, pasta, cornmeal