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A comment on Did Bitcoin just prove it can't scale?. Parent comment

Re:Did Bitcoin just prove it can't scale? by username223 on Saturday December 09, 2017 @11:51AM (#15886616)
> The government has no power to prop up the value of the USD if the world decides it's worthless.

I don't see "the world" deciding USD is worthless anytime soon: people in third world nations keep pristine US cash in their closets as a store of value; a lot of international trade uses dollars as a common currency; etc. If "the world" decides that dollars are worthless, that will be the least of my problems while I'm cowering in the bomb shelter I don't have.

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Re:Did Bitcoin just prove it can't scale? by jstanley on Saturday December 09, 2017 @11:58AM (#15886653)
Agreed. I think the USD only has value because enough people believe it does, and I think that will continue to be the case for quite some time.

Same for BTC.

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Re:Did Bitcoin just prove it can't scale? by scotty79 on Saturday December 09, 2017 @01:41PM (#15887256)
It might be different if Middle East decides it prefers to be paid in yuans not usd. Of course you can then rain a bit more democracy on them but then again China might take offence.
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