Today the price of everything, including Bitcoin, is reflected in fiat money, and one of the concerns about adopting Bitcoin by merchants is precisely the volatility of Bitcoin in fiat money. I don't doubt the usefulness and benefits of Bitcoin as a real and secure currency. But my question is:
If in the future we have a Bitcoin-only world, how do you determine how many Satoshis I should pay or charge for a good or service? Will it be related to the PoW for obtaining or creating that good or service?