One year on, El Salvador’s Bitcoin experiment has proven a failure

Re:One year on, El Salvador’s Bitcoin experiment has proven ... by yamtaddle on Wednesday September 14, 2022 @11:18AM (#32838438)

IIRC the giant flats of Costco eggs went up to 3-4x their former price over the last year or so. Still a great deal, they're just not "holy shit that's practically free!" like before.

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Re:One year on, El Salvador’s Bitcoin experiment has proven ... by UncleMeat on Wednesday September 14, 2022 @12:41PM (#32839693)

Weird. Eggs by the dozen (along with onions, one of the most volatile staples at the grocery store) are up only like 75% for me. Admittedly that's a lot and more than I had expected when I went and checked but I'm still seeing very different numbers.

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Re:One year on, El Salvador’s Bitcoin experiment has proven ... by pessimizer on Wednesday September 14, 2022 @01:35PM (#32840503)

Another datapoint: eggs are up 3-4x for me in Chicago.

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Re:One year on, El Salvador’s Bitcoin experiment has proven ... by yamtaddle on Wednesday September 14, 2022 @12:49PM (#32839809)

I'm not sure other eggs are up as much as those large-flat Costco ones (60 eggs? Something like that). I have a feeling they were losing money on them before, they were so cheap.

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Re:One year on, El Salvador’s Bitcoin experiment has proven ... by njarboe on Wednesday September 14, 2022 @12:11PM (#32839223)

Do you happen to live in California? If so, most of the egg price increase is likely due to compliance with Prop 12 regulations.

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Re:One year on, El Salvador’s Bitcoin experiment has proven ... by yamtaddle on Wednesday September 14, 2022 @12:12PM (#32839257)

Nope, midwest.

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