This bitcoin evangelist says inflation is far exceeding official statistics — by tracking ribeye prices

Core Viewpoint - A bitcoin evangelist believes that tracking ribeye steak prices provides a more accurate measure of inflation than the consumer price index [1] Group 1 - The bitcoin advocate argues that traditional inflation metrics do not reflect the real cost of living for consumers [1] - Ribeye steak prices are highlighted as a significant indicator of inflation due to their popularity and price volatility [1] - The focus on specific food items like ribeye steak aims to provide a clearer picture of economic conditions affecting consumers [1]