The Federal Reserve accidentally discovered that Bitcoin is more resistant to inflation than the U.S. dollar! 🤣In a blog post, the St. Louis Fed compared buying eggs to BTC and USD, and the results were surprising. 🥚
Since December 2022, the amount of BTC required to purchase the same amount of eggs has decreased more than the equivalent USD equivalent. As of August 2023, buying demand from BTC holders has decreased by 70%, while USD has decreased by 58%. 📉
Although egg prices fluctuate greatly, Bitcoin's performance in the long term is worth paying attention to. 🧐 What do you think? Welcome to share your opinions in the comment area! 💬