Bitcoin burgernomics: This is how many Big Macs you can buy with 1 BTC
How many Big Macs does 1 Bitcoin buy, and why is this important? Measured in Big Macs, Bitcoin’s (BTC) purchasing power is approaching its highest level since the 2017 bull market, offering yet another indicator of the digital currency’s rapid appreciation. The global Bitcoin purchasing power index, or PPI, which measures how many McDonald’s Big Mac hamburgers you can buy with 1 BTC, rose 0.2% to 6,341.26 on Wednesday.
Coin Telegraph - 11th Nov 18:11