The Fed can inflate away the value of those transactions anytime they want and not only do you have zero control over this process, it is not even possible to predict it.

The complexity of the financial instruments used by the Fed is intentional and serves to obscure the fact that they are essentially giving free money to large banks and corporations.

Corporations are not getting bigger because they're more efficient at delivering value to consumers - They're getting bigger because the Fed makes sure of it.

The Fed is like a river; those who are closest to the source can get the most out of it. In this case it means bankers, financiers and corporations. Regular workers are far downstream, they get whatever is left.

> The Fed can inflate away the value of those transactions anytime they want and not only do you have zero control over this process, it is not even possible to predict it.

Be real. Between USD and BTC, one has lost 70% of its value over the past ~7 months.

You're not wrong but you're also choosing a specific time frame that makes your point sound stronger than it might necessarily be. I could do something similar:

>BTC is worth the same as it was in November 2017

>Between USD and BTC, one has increased ~150% in value over the last year

>Between USD and BTC, only one is worth ten times as much now as it was worth two years ago

At the end of the day I am pretty sure I agree with the point you're trying to make (USD is a lot more stable/predictable/reliable than BTC even taking into consideration inflation) but you shouldn't use arguments that someone who disagrees with you could easily attack.

Which is why the US dollar is always falling compared to other currencies?

Deflating currencies are terrible things for economies

People can create new cryptocurrencies to increase the total cryptocurrency money supply.