How does any free market determine its price?? Its a natural function of the free market. Prices will be all over the place at the beginning. How much was a Kilo or pound of rice at the first free market exchange??? I have bitcoin how much rice will you give me for $0.00002 bitcoin?? Perhaps merchants will prefer gold or silver instead. Have some of each.
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Sorry, I don't see a good answer in your reply. A kilo of rice was traded by coin with intrinsic value.
I believe your over thinking it.