>>13948065well the dollar is relatively stable because we all agreed after ww2 it would be the worlds reserve currency.
International transactions specifically fossil fuel purchases are purchased in dollars.
So dollars stay at high demand and the US can effectively export it's inflation to other nations.
As globally we move away from fossil fuels the demand for dollars will theoretically drop
The money printers can't keep going if nobody wants/needs them anymore.
Of course this entire system is held up by central banks and the US military's global hegemony yadda yadda.
>>13948105Bitcoin is actually incredibly stable as it only "prints" at a very predictable rate and the technology is powered by decentralized infrastructure.
The spikes and dips we see in conversion to USD is the rampant speculation in the market.
The dream of the bitcoin believers is the worlds reserve currency being some form of decentralized crypto. And they want in on the ground floor.
(it will probably be digital RMB)
