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Posted on 4/1/25 at 11:19 am to atlgamecockman
"Truflation is developed by Tru Labs, led by founder and CEO Stefan Rust. A serial entrepreneur, Rust earned a degree at Northwestern’s Kellogg School of Management before beginning a long career in tech. He is an ex-CEO of bitcoin.com, and along with his position at Tru Labs, he holds simultaneous leadership positions in multiple related projects including Laguna Labs, its “flatcoin” product Nuon, and the staking solution Trusted Node.
In May 2021, Coinbase CTO Balaji Srinivasan posted a challenge to the crypto community to build “a censorship-resistant inflation feed.” The Truflation team won the challenge, claiming a $200,000 prize. In the following years, it gained support from multiple crypto-based and venture capital sources including Chainlink and Cogitent Ventures. In early 2024, the project raised $6 million through a Series A funding round.
While Truflation only originally used the Ethereum mainnet, in May 2022 it used Chainlink’s interoperable network to launch nodes and smart contracts on Avalanche, Polygon, and BNB Chain. Its expanding efforts continued a couple of months later, when it announced it would begin publishing a UK inflation index (in addition to its US index)."
In May 2021, Coinbase CTO Balaji Srinivasan posted a challenge to the crypto community to build “a censorship-resistant inflation feed.” The Truflation team won the challenge, claiming a $200,000 prize. In the following years, it gained support from multiple crypto-based and venture capital sources including Chainlink and Cogitent Ventures. In early 2024, the project raised $6 million through a Series A funding round.
While Truflation only originally used the Ethereum mainnet, in May 2022 it used Chainlink’s interoperable network to launch nodes and smart contracts on Avalanche, Polygon, and BNB Chain. Its expanding efforts continued a couple of months later, when it announced it would begin publishing a UK inflation index (in addition to its US index)."
Posted on 4/1/25 at 11:20 am to Dolphinepride
So you’re saying I should trust this crypto shill index vs the federal government.
Ok
Makes more sense why my fan LNCHBOX believes in the stuff he does I guess.
Ok
Makes more sense why my fan LNCHBOX believes in the stuff he does I guess.
This post was edited on 4/1/25 at 11:22 am
Posted on 4/1/25 at 11:20 am to atlgamecockman
quote:
What is Trueflation
Probably paying Eric for that post
Posted on 4/1/25 at 11:21 am to fareplay
quote:
So I should instead trust a random dude on twitter?
Or you can go to truflation and check yourself.
Instead, i am going to shoot the messenger.
The new cpi figures will be released 4/10.
This post was edited on 4/1/25 at 11:24 am
Posted on 4/1/25 at 11:21 am to fareplay
Lol no, just responding to what it is since no one else has.
Posted on 4/1/25 at 11:21 am to fareplay
quote:
So I should instead trust a random dude on twitter?
A random dude on twitter who shills for high fructose corn syrup if you show him a little cash.
Posted on 4/1/25 at 11:22 am to atlgamecockman
Truncation you ax? Look for yourself.
truflation LINK site
truflation LINK site
Posted on 4/1/25 at 11:23 am to Flats
This is why even if the dems are dumb, the republicans seem dumber. They just gravitate so hard towards any random non factual data if it agrees with them.
Posted on 4/1/25 at 11:24 am to LNCHBOX
quote:
my shopping has been noticeably cheaper on most items.
Why do people make things like this up? Did yours spend 7 less dollars last month and that was somehow "noticable?"
Posted on 4/1/25 at 11:24 am to BCreed1
Torino’s pizza is $2.50 a pizza.
It’s not cratering.
It’s not cratering.
Posted on 4/1/25 at 11:25 am to BCreed1
quote:
Inflation is crateringby
Go to the grocery store and get back to me.
Posted on 4/1/25 at 11:25 am to dgnx6
quote:
In February, the Consumer Price Index for All Urban Consumers rose 0.2 percent, seasonally adjusted, and rose 2.8 percent over the last 12 months
2.8% for feb.
truflations peak February was 2.42%
Compounded inflationt hey are saying since the pandemic is 26%.
Thats pretty accurate.
This post was edited on 4/1/25 at 11:28 am
Posted on 4/1/25 at 11:26 am to fareplay
quote:
a week ago
You people don't understand economic trends worth a shite!
Posted on 4/1/25 at 11:26 am to BCreed1
Posted on 4/1/25 at 11:27 am to Powerman
Because it fits his narrative and he can’t independently think so have to ride Trump no matter what.
Ribeyes are $15 a pound where I live. Uses to be like 11
Ribeyes are $15 a pound where I live. Uses to be like 11
Posted on 4/1/25 at 11:28 am to fareplay
Idk about yall but I feel like everything is still expensive as hell if not more so.
Posted on 4/1/25 at 11:28 am to fareplay
quote:
Because it fits his narrative and he can’t independently think so have to ride Trump no matter what.
Ribeyes are $15 a pound where I live. Uses to be like 11
Inflation from the year through February was down whether you use cpi or truflation.
Cpi hasnt released march numbers yet.
You are the one that cant handle the news.
This post was edited on 4/1/25 at 11:31 am
Posted on 4/1/25 at 11:29 am to TerraForma
The hard numbers show the facts: Trump has fixed the economy. People are loving the prices on their groceries, and he will continue to fight to keep them down. Folks are spending money and making money, the economy is soaring.
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