Oddbean new post about | logout
 No, but you need to count/account for it somehow. Having a stash of $50,000 accounts for itself because everything else is accounted for in dollars.

If BTC wants to stand on its own other things would have to be accounted for in BTC but they aren't. That will never happen because the price of anything in BTC will never be stable.

I would have to be able to look at a Kagi subscription quoted in sats and go like "oh that's like 2 cups of coffee" but the price of coffee in sats and the prices of Kagi in sats will always fluctuate wildly.