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Track the value of BTC against consumer goods, not fiat

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ThymeKeeper/btc_value_tracker

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BTC value tracker

A Rust application for tracking and visualizing Bitcoin's purchasing power against various real-world commodities using Yahoo Finance data. This allows us to see the value increase of BTC independent from the debasement of fiat currencies since we are tracking purchasing power against real-world goods.

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Features

  • Compare Bitcoin vs real commodities (Gold, Wheat, Corn, Coffee, Beef, Rice)

  • Two display modes:

    • Units per Currency: How many units of commodity you can buy with 1 BTC or $1 of USD
    • Price per Unit: How much BTC or USD you need to buy 1 unit of commodity
  • Date range slider

  • data from Yahoo Finance

Installation

git clone <repository>
cd asset_price_watcher
cargo build --release

The application will automatically fetch data from Yahoo Finance on startup.

Yahoo Finance Tickers

The app fetches data from these Yahoo Finance tickers:

Asset Yahoo Ticker Notes
Bitcoin BTC-USD Direct price in USD
Gold GC=F Gold futures (price per oz)
Wheat ZW=F Wheat futures (cents/bushel, converted to $/bushel)
Corn ZC=F Corn futures (cents/bushel, converted to $/bushel)
Coffee KC=F Coffee futures (cents/lb, converted to $/lb)
Beef LE=F Live Cattle futures (proxy, cents/lb, converted to $/lb)
Rice ZR=F Rough Rice futures (cents/cwt, converted to $/cwt)

Example Interpretation

If viewing Gold in "Units per Currency" mode:

  • Orange line going UP = You can buy MORE consumer goods with 1 BTC
  • Blue/Red line going DOWN = You can buy fewer consumer goods with $1
  • This demonstrates BTC's increase in purchasing power independent of the debasement of fiat currencies.

License

MIT

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