Great question. Keep asking these! It’s what helps with conviction over the long-term

The key is to study money some more…

How I think through this:

- money solves the double coincidence of wants problem

- many things can be used as money, most things are very bad at money

- a good money is: Divisible / Durable / Fungible / Portable / Scarce / Verifiable

- good money has 3 functions: store-of-value / medium-of-exchange / unit-of-account

- people will use money in different scenarios for 1 of the last 3 functions

What you’re thinking through, it’s important to identify which function you’re fulfilling

As Bitcoin increases its market cap, driven by value moving into BTC, and purchasing power increasing, as supply is outstripped by demand, the SOV function is altering (hence we see its exchange rate alter)

Whilst, you can price things in whatever you want. Chairs. People. Coal. Grain. Gold. USD. Eur. BTC. Etc. Long-term I believe everything will be priced in BTC, which is UOA function. The supply of all those UOA moneys I just mentioned can change, but BTC will change the least (think stock-to-flow ratio), hence makes a good UOA

Point being everything is in flux the whole time. Modern fiat has lulled us into the false sense that prices can be constant

In short - I try my hardest to measure my net wealth in BTC terms (ie SOV) but on a daily basis pricing things in BTC remains hard

Lastly BTC will only have 21 million, this is like a truthful measuring stick of value, unlike anything we’ve ever seen. Just because you price in SATS, this doesn’t change that fact

Hard to explain in one note!

🙏🏻

Hope that makes sense