Quote from: bitnote on November 11, 2023, 02:47:30 PM

I've been thinking about how Bitcoin is currently tied to dollars. You know, dollars don't have any backing like gold, but Bitcoin comes from a significant energy investment. Maybe it's time for Bitcoin to stand on its own, separate from dollars. What really determines the lasting value of Bitcoin? I've got some ideas on that.

And what do you exactly mean by standing on its own? Bitcoin is already its own ecosystem with rules that are completely different than what you can find on the fiat currencies printed by governments, if that is not standing on its own then I do not know what it could be, bitcoin like everything else can be priced in whatever terms that you may like, in fact that is one of the advantages of money in general, as it allows you to more easily measure the value of something else and make comparisons among them.