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Unlocking Stable Pricing in Privacy Coins: Why AMPL Beats USD as the Ultimate Unit of Account for XMR Markets

AgoristShop Verified Donor - Supporter
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Jan 26 19:00
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#860
Since I think Ampleforth is a better unit of account than the dollar, I think it's the best unit of account. Go check it out, 1 Ampleforth is =1 dollar from 2019 and changes value relative to the dollar based on CPI. It would be really cool and useful if you could set the price of an asset in AMPL or in USD and have it stay fixed but appear as if it were chosen in XMR, that is, like the current setting by putting the amount in XMR, only that it varies based on the big swings of XMR or the small ones of the dollar, if it were XMR/AMPL instead only the variations of XMR.

What problem do I want to address? That sellers or buyers can also choose the option of a price stable over time and not think about whether XMR or the dollar is gaining more or whether the buyer or the seller is gaining more compared to the value of XMR from yesterday.
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sepia Verified
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Jan 29 14:40
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#868
Reply to post #860
Isn't it gonna fracture the pricing into two categories? people will hesitate to spend or buy monero if you can get more or less somewhere else
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AgoristShop Verified Donor - Supporter
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Jan 29 15:00
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#869
I get the concern, but this behavior already exists today. Even with XMR-only pricing, both buyers and sellers implicitly “trade” XMR by timing purchases, repricing listings after volatility, or mentally benchmarking everything in fiat anyway.

What I’m asking for doesn’t create speculation — it just makes the unit-of-account choice explicit and gives users more flexibility. Sometimes I want to price in a stable unit (USD/AMPL/CPI-linked) to keep the real value constant over time, while still settling in XMR.

The goal is not to fragment the market, but to avoid forcing everyone into one accounting perspective and reduce constant manual repricing.

We have very few businesses, and businesses need a unit of account — even just for basic bookkeeping and double-entry accounting. An “XMR standard” in the same sense people talk about a “BTC standard” isn’t realistically possible as long as the world is still fiat-oriented, precisely because the unit of account is fiat.

But that’s exactly why offering a stable unit-of-account option would help: it lowers friction for merchants, reduces constant repricing, and makes it easier to run a real business while still settling in XMR. And if we use something like CPI-linked AMPL (or a similar stable reference), we’d arguably be offering a better unit of account than what people currently have elsewhere — while keeping Monero as the payment rail.
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