I keep hearing that universe expands. Since all is relative, the expansion must be relative to something. And since universe is all there is ... You got my point.
The only points of reference are inside the universe itself. Bonds forming, their length measured in wavelengths, etc. Red shifting of light tells us things fly away. So our point of reference is only light. (am I missing something?)
Here is my question. In a thought experiment, would it be valid to say that properties of light are somehow changing around us if we keep the size of the universe constant? If yes, what are the consequences of this line of thought? Would it give us any additional insight into what's going on?