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Inverse proportion in action: The US dollar vs BTC

May 28, 2019
28 May 2019 : 14:25
Updated : 05 Feb 2022 : 19:24
4 min read

Have you ever wondered how many hamburgers can you buy with 1 BTC? What may seem like a very random question can be explained using Bitcoins current purchasing power. To understand this better, we will explore the purchasing power of the U.S. dollar against Bitcoin.

In pure economic terms, purchasing power (P.P.) is the value of a currency measured in terms of how many goods and services it can purchase.

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