Bitcoin is today $100k, so will you sell your house valued at 500k for 1 BTC ? No, but for 5 isn't ?
How can you say "The actual 'price' of something in dollars isn't relevant" ?
Maybe you are talking about a Bitcoin standard ? Well, if this happens, it will be a different story, but it will never happen until Bitcoin will become fully controlled by the authority, so it will be USD 2.0 ^^
I will sell my house for what I and buyers in the market say I can.
I would have to see if I want to take 1, or 10 or 50 Bitcoin
The same goes for gold, euros, yen, Yuan, ammo, guns, whatever I am selling my house in.
With a global us dollar standard you certainly may want to use that 'price' in assisting you, and people often do. But thsy is because we have been trained to think in dollar terms.
But markets don't have standards. My neighbor traded a horse a a donkey for tractor and some silver, and the deal was done
He didn't go look up the value of his horse and donkey in dollars, assess his feeding and boarding costs, etc .. he then didn't go through the tractor auctions and fetch a price. They offered, added some silvernto entice, and made a deal.
Recently I paid Bitcoin for some gunsmithing. I didnt even look up or ask his rates. I just offered and he accepted. Now he may have valued them in dollars, I can't say.
Or for some reason if you only want car feces in returns for instance, there is no active market for that. It would be purely up to you and the buyer to determine their values. a free and fair market.
But you are correct of course that most people think of price in dollars on high demand and traded assets. This will and has changed.
I understand what you are saying, but there is a standard like it has ever be from centuries, today it's dollar, maybe tomorrow it will be yuan or gold or bitcoin, it's better for a stable economy, especially when it's a globalized one. Bitcoin as a standard seems to be a bad idea anyway, because after all it's a computer program, which can be hacked or something like that, Gold is probably the better option, what do you think ?
