The price is always the price.
1 BTC = 1 BTC
My main point here is the time variable, and the scarcity.
1 BTC 2010 = 1 BTC 2021?
It is not.
Anyone could mine 50 BTC at 2010 with less than 100 USD. You just had to bought an old laptop, mine for a few hours, and you would get a full block reward.
How much does it cost to get 50 BTC nowadays? You would need to mine almost 8 blocks alone. How much would take cost? Probably something close to 1 million dollars of equipment and eletricity?
Bitcoin is now more scarce than it was in 2010. As it is more scarce now than in 2018.
1 BTC in 2010 = 1 BTC in 2020 is the same as saying 1 glass of water in london = 1 glass of water in the Saara Desert. It is not!
This basic economics. Supply and demand.
OP, 1 BTC IS 1 BTC. Fiat value doesn’t exist in the blockchain, BUT outside the blockchain, we need to value it in fiat just to know how much purchasing power your Bitcoin has in the real world, nothing else.
Blockchain cannot be mined without the real world. Without electricity and equiment there is no mining. Without mining there is no bitcoin.
You cannot remove the blockchain from the context it is inserted. This is what PoW is about: physics, electricity, equipment, energy.
It is sad to see almost all replies are talking about campaign payrates, I though this topic could move away from that, which is almost a philosophic discussion...
When we are in campaign discussion, people go off-topic about 1BTC=1 BTC or whatever.
When we come to a new topic for off-topic discussion, people talk about campaign lol