Bitcoin triumphs over US Dollar in battle against ‘Eggflation’: Federal Reserve data
The U.S. Federal Reserve has unintentionally admitted that Bitcoin (BTC) is outperforming the U.S. dollar in curbing inflation, according to a revelation that comes from a Fed blog post discussing Bitcoin’s purchasing power. The blog, first published in June 2022 and subsequently updated, compares the price of a dozen eggs bought with BTC and dollars. […]