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randomsearch·

Currencies are used to purchase things. If the purchasing power of 1 BTC changes dramatically, it matters.

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You're assuming I care how much something costs in dollars.

This makes me wonder how you pay for basic living expenses like rent/mortgage, food, clothes, etc

If you are a US citizen you will have to pay taxes in dollars.

Dollars are one of the easiest things to buy with Bitcoin, so how is that a problem?

I also need water to live my life, but that doesn't make me feel the need to price everything in gallons of water.

Fluctuating prices suck for paying taxes.

Buy bitcoin at $1 on Jan 1, sell at $10 on dec 31. I now owe taxes on $9 in gains, so I’ll need USD$3 on April 15. If on Jan 2, I buy more Bitcoin at $10 and it drops to $6 on April 15 that will suck because then I’ll need to sell half my Bitcoin to pay taxes.

Do you care how many chickens or how many beers you can get with BTC?

Unless you're a Buddhist monk living on donated food, you have to.

Yeah, because websites won't adjust the price in crypto for goods and services if its price relative to dollars drops.

I'm long on crypto myself, but come on. This crash still affects the prices of goods and services, unless all you're buying is other crypto and nothing else. We are nowhere near the point where shops don't assume they have to check the bitcoin/usd cost every few minutes to adjust their pricing.

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