Do You Know How Many Big Macs You Can Buy with One Bitcoin ? by kingscrown

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bitcoin · @kingscrown · (edited)
$44.57
Do You Know How Many Big Macs You Can Buy with One Bitcoin ?
# Until 11 march everybody is excited on Bitcoin (myself included) and we check charts and such.
But there is a thing that is overlooked - inflation of fiat and purchasing power of money.

BTC all time high wouldnt mean anything if inflation or the power of buying went bananas. Just like the famous Zimbabwe dollars, sure you had billions but worth hardly anything.

## So there is a thing called Purchasing Power in economy and i just found a cool index for it - Bitcoin Purchasing Power Index.
http://www.mcdonalds.ch/sites/default/files/men-bigmac-big.jpg
To keep things entertaining the PPI is used on one of biggest franchises in the world - McDonald and its BigMac.
http://i.imgur.com/949OR9P.png
Yes right now with 1 BTC you can buy 418 BigMacs.

## Now lets compare 2013 and current "bubble"
http://i.imgur.com/3UKjDQC.png

## So where can BigMac lover eat the most for his precious BTC?
http://i.imgur.com/9bk7KKy.png
India! If you are hungry go to India to 609 burgers! If that is too far, visit China to get 457.

# So are you hungry for Bitcoin ?!
https://agirlwhoisageek.files.wordpress.com/2013/11/mc2.jpg


https://img1.steemit.com/0x0/http://www.vapourfrog.co.uk/media/catalog/category/kings-crown-categorie.png

# Follow, Resteem and VOTE UP @kingscrown for 0day cryptocurrency news and tips!
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vote details (413)
@tfj · 
This is awesome.
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@kingscrown ·
$0.06
Yeah just dont read this post when hungry
👍  , , ,
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vote details (4)
@tfj · 
Hey man, nothing better than a Big Mac bought by bitcoin.
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@barrydutton · 
LOL, funny, you always have the best stuff.

I am excited to say I found you again before the bot kicked in and got in another 100% vote like back in the day every day for ya!!!

### Sorry my issues plague me man, don't get run over by a car is my advice.   Every day is a struggle now.
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@kingscrown · 
You have been hit by a car?!
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@barrydutton · 
A year ago.  I am struggling a lot.  No money, it is being buried by the statist powers because I have called them out for years.  I nearly died.  

I mention it online once in awhile.  I gave the short answer today on my page where I did an AMA post for people...

https://steemit.com/life/@barrydutton/amaa-ask-me-almost-anything-series-e-1
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@allyouneedtoknow · 
For fiat money you can use the [Big Mac Index](https://en.wikipedia.org/wiki/Big_Mac_Index) or the [KFC Index](https://en.wikipedia.org/wiki/KFC_Index)
:D
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@kingscrown · 
Wow KFC one i didnt know of, Interesting!
👍  
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vote details (1)
@jamesbrown · (edited)
Why did I never think of this?  Why pair with a currency when we can pair with BigMacs?!!  

Currencies, for the most part, are boring looking and they all taste awful!  The BigMac, also known throughout various under-developed parts of the world as "crack-burgers", while heart-cloggers, look beautiful on the big screen and, man-o-man, are they scrumptious!  I mean, like,...like, day-um!!! son! ...like, really!!!!!!! fo realz!!!!!!!!!!!!!!!!!!!!!!
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@kingscrown ·
$0.09
Ronald McDonald might be pumping price
👍  , , , , , ,
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vote details (7)
@jamesbrown · 
Agreed.

...and the Hambuglar,...well, he's a dumper.
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@automaton · 
The only bubble I see are in fiat currencies.
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@kingscrown ·
$0.06
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