Blood money & tattoo potion

[Gunn]

How would blood money apply to the material components of the spell tattoo potion? Is it just the 500gp worth of ink that blood money would apply to? or the potion as well?

[Splendor]

Quote:

When you cast another spell in that same round, your blood transforms into one material component of your choice required by that second spell....

You cannot create magic items with blood money.

It could only duplicate the 500gp of ink.