vs. Bitcoin as a Unit of Account January 2nd 2017: 1 Bitcoin $1,012 1 Bosch Dishwasher ($1.079) C November 14th 2017: 1 Bitcoin $6,590 r. 6 Bosch Dishwashers ($6,474) ■ Bitcoin's rapid appreciation makes it an unsatisfactory candidate as a unit of account. ■ In January, one could have purchased a dishwas