Over the past decade, the U.S. dollar has experienced a 99.5% decrease in value when compared to Bitcoin.

The U.S. dollar has been hailed as one of the strongest fiat currencies in recent memory, surpassing 115 national currencies, including 17 from G20 member nations, over the past decade. Nonetheless, during this same 10-year span, Bitcoin (BTC) has significantly outperformed the United States’ legal tender.

Data sourced from Coingecko’s BTC/USD price chart reveals that even the fiat currency of one of the wealthiest nations in history struggled to maintain its value in comparison to the leading cryptocurrency by market capitalization.

Between September 30, 2013, and the same date in 2023, the U.S. dollar experienced a remarkable 99.52% decline in value against Bitcoin. Remarkably, this also signifies a price appreciation exceeding 22,000% for BTC when measured against the USD.

In the past decade, Bitcoin’s ability to significantly outperform the United States dollar, nearly eroding its entire purchasing power, highlights Bitcoin’s strength as a currency, especially when compared to other fiat currencies that experienced substantial losses against the USD.