[chollida1]

> Nearly all hedge funds etc have USD as their basis.

This is false, many have CAD, EUR, and other currencies as their basis.

> Bitcoin, Gold, Stocks, real estate etc has a value tag that's denominated in Dollars.

This is false as well. You can measure BTC,Gold, stocks or realestate in any currency you want.

Do you really think Canadians denominate their real estate in USD? Why would BTC, Gold or stocks be any different.

The US denominates BTC, Gold, Stocks and real estate in USD. The reset of hte world uses their own currency.