I have seen you make this point before and it shows just how difficult it is to see outside of the dollar. This is a poignant insight.
Discussion
Cheers mate 🙂
Do you see some usefulness in saying so many monero is equal to so many Bitcoin and leave dollars out of it. That as a community of users we just agree on a forever monero to bitcoin peg and wrap our brains around creating an economy in that paradigm. Just spit ballin.
I don't think it has to be anything except a voluntary exchange rate for whatever the asset is.
But basically yeah
the best (only?) way to bootstrap of new UoA is to just start disintermediating the old one with p2p exchange.
small communities trading vfv amongst themselves at first
bitcoin for beef has become the classic example.
more of that.
XMR vs BTC would also be disrupted on a Bitcoin or as a thinking exercise Monero UoA standard.
Maxis can not comprehend (yet) that SoV and MoE are minor achievements over unit of account.
If UoA changes, the whole value system changes. People will totally look at all things differently.
SoV (easy to achieve) and MoE (much harder to achieve) are mere prerequisites for a unit of account.