bitcoin and big mac pricing

Every Bitcoin holder has dreamed of splurging on fast food with their crypto gains. But here’s something wild: one Bitcoin can now buy around 10,500 Big Macs globally. Let that sink in. Back in 2015, that same Bitcoin would’ve gotten you a measly 51 burgers. Talk about a super-sized return.

The Bitcoin Big Mac Purchasing Power Index (because apparently, we needed another way to measure crypto) shows just how far digital currency has come. In late 2020, Americans could grab 3,274 Big Macs with one Bitcoin, while the global average was pushing past 6,300 burgers. That’s enough to feed a small army – or one really, really hungry crypto trader. With inflation at 3.0%, the purchasing power of traditional currencies continues to erode steadily each year. The Inflation Chart website provides compelling evidence of this monetary devaluation over time.

Meanwhile, the humble Big Mac’s price in regular dollars has crawled up by 38% since 2010. But in Bitcoin terms? Those double-patty wonders keep getting cheaper. It’s like Bitcoin is laughing at inflation while traditional currencies struggle to keep up. The dollar might not buy what it used to, but Bitcoin’s buying power just keeps growing. With 21 million coins maximum set as Bitcoin’s supply limit, this scarcity helps maintain its purchasing power.

Plus, Bitcoin’s famous mood swings can turn your burger-buying power from feast to famine overnight. Still, there’s something oddly fascinating about measuring Bitcoin’s rise through fast food. The crypto that started as a tech experiment can now buy thousands of burgers worldwide.

During the 2017 bull market, Bitcoin’s Big Mac purchasing power hit record highs, proving that when crypto goes up, it really goes up. Whether you’re a crypto believer or skeptic, one thing’s clear: Bitcoin’s value compared to everyday items like Big Macs tells an impressive story of growth. Just don’t try to actually buy 10,500 burgers with your Bitcoin. That would be messy.