#Bitcoin is the index.
One of very few assets traded in every fiat currency, available to everyone, and scarce.
It is the perfect asset to observe relative debasement and inflation. Despite its infamous volatility, it is the ideal reference currency.
Aka, the unit of account.
From the #Bitcoin Standard on the importance of sound money.
"Along with monetary decline came the fiscal, military, cultural, and spiritual decline of the Empire, as it trudged on with increasing crises until it was overtaken by the Ottomans in 1453."
throughout history, global reserves came and went away. time for US dollar to lose this status and #Bitcoin to hopefully take its place. people deserve better.