Is someone worried about the recent decline of BTC?
Personally, I'm not worried since 1
BTCitcoin has always been equal to 1
BTCitcoin
[other conversions don't matter] and I've always used it for what it was meant for as opposed to most of the newcomers that only see it as an investment asset
[they're using it for the wrong reason].
I get the message, and it makes sense that we shouldn't measure the value of Bitcoin in dollars because this way we kind of undermine the whole 'Bitcoin is money' message. Nevertheless, I think it's more subtle than that because there's a difference between 1 Bitcoin when it's around $20k and 1 Bitcoin when it's around $60k which cannot be deemed insignificant: its purchasing power. You can buy more with Bitcoin now than a year ago, and purchasing power is essential for money, no matter how we estimate it. Dollar's purchasing power also changes, of course, but since it's relatively stable in comparison with Bitcoin, I believe that we might actually be measuring BTC's purchasing power when we're talking about its dollar price.