Bitbond launches Bitcoin Purchasing Power Index

Announcements | November 18, 2015 By:

Bitbond announced the launch of the world’s first Bitcoin Purchasing Power Index.

“The use-cases for are manifold and showcase Bitbond’s desire to bring further value to the bitcoin ecosystem. By launching this site, we aim to bring a lighthearted yet highly usable index signifying the products that one bitcoin buys you,” Bitbond CEO & founder Radoslav Albrecht.

The index comes with a comprehensive API to let everyone access the data and use it for their own purposes. Even the website itself is open-source in order to spark further innovation, usage and economic analysis around bitcoin.

Bitbond is a global p2p bitcoin lending platform.