Bitcoin Beats Dollar in Egg Purchasing Power Despite Higher Volatility
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Bitcoin beats the dollar for buying eggs since 2021 according to Fed data, despite more price fluctuation.
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Number of satoshis needed for a dozen eggs has dropped 70% since peak, versus 58% less USD.
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Longer-term, eggs now cost a fraction of BTC's last pre-halving year in 2019.
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Dollar price increases make eggs 40% more versus mid-2019.
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Recession chances in 2024 near 60% as dollar strengthens, yields rise in "bear steepening."