I am really not trying to be semantic. Is the value of the gold, silver, bitcoin not priced in dollars first before comparing them to eachother as priced in dollars?
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you can translate relative value between liquid markets
what pairs those markets trade in is irrelevant
most xmr and btc is traded against usd
there is still an exchange rate between the two that is irrelevant of usd
How is the exchange rate between gold and btc made without usd?