How will we value goods once fiat is secondary to bitcoin?

[Twitchy]

Excuse me for having little knowledge of economics, but currently we base the price of a good on it's fiat value.
In the scenario where BTC becomes the primary currency, how do we value goods then?

[1714259710]

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[theonewhowaskazu]

Excuse me for having little knowledge of economics, but currently we base the price of a good on it's fiat value.
In the scenario where BTC becomes the primary currency, how do we value goods then?

The same exact way we do now, only with Bitcoin as a denominator rather than USD.

[Crindon]

Excuse me for having little knowledge of economics, but currently we base the price of a good on it's fiat value.
In the scenario where BTC becomes the primary currency, how do we value goods then?

1 large pepperoni pizza = 1 Satoshi

[BitchicksHusband]

Excuse me for having little knowledge of economics, but currently we base the price of a good on it's fiat value.
In the scenario where BTC becomes the primary currency, how do we value goods then?

1 large pepperoni pizza = 1 Satoshi

I heard that one dude once paid 10,000,000 Satoshis for a pizza!  Is that true, grandpa?

[Pente]

Excuse me for having little knowledge of economics, but currently we base the price of a good on it's fiat value.
In the scenario where BTC becomes the primary currency, how do we value goods then?

1 large pepperoni pizza = 1 Satoshi

I heard that one dude once paid 10,000,000 Satoshis for a pizza!  Is that true, grandpa?

No my grandson, it was much much worse...he paid a trillion satoshis!

[revans]

Excuse me for having little knowledge of economics, but currently we base the price of a good on it's fiat value.
In the scenario where BTC becomes the primary currency, how do we value goods then?

Only someone truly high on BitCrack could venture such an idiotic query.

[theonewhowaskazu]

Excuse me for having little knowledge of economics, but currently we base the price of a good on it's fiat value.
In the scenario where BTC becomes the primary currency, how do we value goods then?

1 large pepperoni pizza = 1 Satoshi

*Stares at a bitcoin wallet containing 1 Bicoin*

Thats a looooot of pizza...