Your comments seem to mainly consider bitcoin in dollars. I've only been stacking for almost 4 years, and the price isn' t that important to me. Lower price means more sats per dollar...
Came for the ...
Bitcoin is a money. Money is a fictitious thing that is exchanged for real world goods/services.
Today, 99.99% of goods/services that humans need are priced in fiat currency (not in bitcoin/sats).
Therefore, the exchange value of a bitcoin to a dollar is the best approximation of the exchange value of a bitcoin to a good/service that a human needs.
That is why the dollar (or other fiat) exchange value of a bitcoin is important, it tells you the value of your money to exchange for a good/service.
For those that can't follow the above logic, imagine one bitcoin was worth 1 USD tomorrow and that 1 banana costs 1 USD. Now, all the bitcoin in the world is worth 21 million bananas. Which is not a lot. As in, a failed money for anyone who chose to store their wealth in it.
Today, 99.99% of goods/services that humans need are priced in fiat currency (not in bitcoin/sats).
Therefore, the exchange value of a bitcoin to a dollar is the best approximation of the exchange value of a bitcoin to a good/service that a human needs.
That is why the dollar (or other fiat) exchange value of a bitcoin is important, it tells you the value of your money to exchange for a good/service.
For those that can't follow the above logic, imagine one bitcoin was worth 1 USD tomorrow and that 1 banana costs 1 USD. Now, all the bitcoin in the world is worth 21 million bananas. Which is not a lot. As in, a failed money for anyone who chose to store their wealth in it.