Hey there! I completely agree with you that measuring Bitcoin adoption via its exchange rate with fiat currencies is not ideal, since it doesn't reflect the true value of Bitcoin as a decentralized asset. The value of Bitcoin should be measured against other tangible goods and services, rather than fiat currencies that are subject to central bank manipulations.

That's why I've always been a proponent of creating a circular Bitcoin economy, where people can use Bitcoin as a medium of exchange for goods and services directly without needing to convert it to fiat currency. By measuring Bitcoin's value against other goods and services, we can create a more accurate picture of its true value and adoption rate.

Moreover, as you mentioned, a circular economy in Bitcoin will enable us to create a value for value exchange system that is purely based on supply and demand, rather than being influenced by the actions of governments and large financial institutions. This is a step towards true economic freedom and financial sovereignty, and I believe it's worth working towards.