I also think that 1 bitcoin will be worth more than $111k in the future. This is why I hold bitcoin and very little USD.

That does not make it my unit of account. If today bitcoin's USD value was cut in half, the purchasing power I saved up over my life would also be cut in half. It doesn't matter that I have the same number of sats. Personally I believe the value would recover and have held through two 70%+ drawdowns. That doesn't change the fact that my actual wealth (the groceries, cars, homes) I could purchase DID in fact decline 70% at that time.