# Nakamoto Index The Nakamoto Index is a metric designed to leverage the power of Bitcoin's blockchain to determine the value of Bitcoin in a self-referential manner. This index is made possible through the introduction of Nakamoto Dollars, *NUSD*, a synthetic dollar integrated directly onto the Bitcoin network. As NUSD is traded among market participants, the entire price history is recorded on the blockchain. By analyzing this onchain data, the Nakamoto Index provides a reliable and decentralized reference for Bitcoin's price. This self-referential pricing mechanism enhances the transparency and trustworthiness of Bitcoin's value - leveraging the immutable and decentralized nature of the blockchain. The Nakamoto Index represents a significant advancement in cryptocurrency valuation, utilizing Bitcoin's inherent strengths to create a more robust and accurate pricing system. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.bamk.fi/bamkfi/roadmap/nakamoto-index.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.