Methodology
The Satoshi Price Index (SPI) tracks the average change over time in prices paid by urban consumers for a basket of goods and services. SPI converts these prices into satoshis, offering a unique perspective on inflation and price trends relative to Bitcoin (BSV).
Bitcoin (BSV) Price Calculation
Monthly Bitcoin (BSV) USD price is sourced from daily market data and rolled into a monthly average.
(daily prices in month) average = monthly USD price
Then USD is converted to satoshis:
satoshis per USD = (1 / monthly BSV USD price) × 100,000,000
Goods & Services Calculation
Item prices come from BLS average-price series (APU). For each month:
item satoshi price = (item USD price / monthly BSV USD price) × 100,000,000
Example (Bacon): if bacon is $6.785/lb and monthly BSV is $43.93:
($6.785 / $43.93) × 100,000,000 = 15,444,755 satoshis
Sources
Goods/services: BLS API, APU average-price series. Asset pricing: CoinGecko BSV/USD daily data, aggregated monthly.
Disclaimer
CPI and average-price data are retrieved from BLS.gov. BLS does not endorse analyses derived after retrieval. Information is for educational and informational purposes only.
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