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Bitcoin (BTC) is beating inflation better than the United States dollar, the U.S. Federal Reserve says — but unintentionally.
In a blog post first released in June 2022 and since updated, the St. Louis Fed compares buying eggs with BTC compared to dollars — still with surprising results.
Average price of a dozen eggs in satoshis chart (screenshot). Source: St. Louis FedAverage price of a dozen eggs in U.S. dollars chart (screenshot). Source: St. Louis Fed