Yeah, there's a difference between "just in time conversion to sats", which as you say, you can convert to any currency on the planet, and "denominated in sats", which means natively priced in btc with no conversion.
I'm starting to think >> 10 years, ~30 years, is the more realistic option due to all the factors you mentioned.
But why would it be bitcoin? Again, the price that I'm asked to pay for that frozen pizza might be shown to me, in bitcoin units, but looking forward a decade from now, nonetheless three decades, perhaps that amount of bitcoin presented to me is computed in real time based on a basket of components -- all used to compute in real-time the price the grocer is willing to sell a frozen pizza to me.
Why might a grocer go through all this just to establish the price to charge for a frozen pizza? Because my offer to buy a frozen pizza might get routed to a number of grocers, and my shopping concierge app will find the grocer selling at the best price, considering, of course, the cost for transport from that grocer to my house (performed by Tesla's automated fleet of autonomous delivery wagons).
So in that instance, that grocer is setting the price of the pizza based on the cost from the supplier to restock that pizza, the cost of the grocer's labor that day, the cost of electricity (for keeping the inventory refrigerated), the cost of building's lease, etc. All those might be presented in bitcoin using "just in time" / spot price but the amounts will be based on the underlying components, and will fluctuate in price -- whether they are communicated in bitcoin, or dollars, or other commodity currency even (barrels of oil).
But it will all happen behind the scenes by software. So I think your list of answers to the question needs another option -- either "never" or "invalid question".
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Sure, but the question I'm asking is simple: when do vendors selling the items I listed use sats as a unit of account without doing conversion from fiat to sats.
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Which was why I was trying to make my point ... which I'm having a hard time describing.
I don't think we ever go from using a fiat metric (e.g., USD) as the unit of account to going to using BTC as the unit of account.
I think the price for a good or service will involve a calculation using the underlying data sources in real-time (or close to it). These data sources could include commodity prices, labor costs, property costs, and capital (interest rate) costs, etc. Then once that calculation provides a result, then that is what then gets spit out as the "price" ... in BTC, or in USD, or in EUR -- in whatever medium of exchange the buyer wants prices presented in.
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OK I see what you mean - you think we may never see hyperbitcoinization so there should be a "never" option in the poll.
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