The market, comprised of its participants, affects price through the supply and demand attributes measured over time.
This also sets me down a path where I see the market attributes as well as the properties of the dollar as polarized, in context to the properties inherent in Bitcoin.
An interesting thought experiment via nostr:npub1jv3tmy30yrr0ek0fzdz5wfanh0pdp947fqgewyz44qndmg75ev9sz7lakg , what happens on zero day when and if Bitcoin is no longer bound to a currency?
Do we talk snapshots?
What happens when 40hrs of labor garner you a snapshotted value of 10,000 sats day 1, and deflation persists as it should, on day 365?
If the asset becomes more scarce, it will take more work to obtain… 40hrs now gives you less than 10,000 sats…?
Who controls the price points of goods and services relative to the sat?
We should talk about this.
Discussion
I could argue that supply and demand of goods is irrelevant in a system where a unit's value is not tied to energy or proof of work.
If, in the current model, supply is low and demand is high, those who control the unit of value can simply restate it's value as fact in concert with their agenda as to the acquisition of any good or service.