Fed forgets long-term dollar devaluation when pricing eggs in BTC -Breaking
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When pricing eggs in BTC, the Fed overlooks the long-term dollar decline.
On Tuesday, May 7, the St. Louis Federal Reserve generated a lot of curiosity among the crypto community after it published a post showing what the cost of eggs is in ().BTCThe U.S. Dollar has seen a decrease in, ) over the past 14 months.
A blog was published by the Fed Research Arm on June 6th. Post titled “Buying eggs with bitcoins – a look at currency-related price volatility.”
Reacts Crypto (NYSE:)
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