A separate point, have you ever considered who issues 'dollars' and what they represent? https://www.investopedia.com/terms/f/fiatmoney.asp The current era of fiat currencies is likely to shift dramatically IMO https://www.investopedia.com/terms/f/federalreservesystem.as...

Yes they are backed by the U.S. Government, the most powerful organization in the history of world civilization. They are a representation of a claim on wealth by the entity that holds a monopoly on the legal use of violence to compel people to accept said currency as a medium of exchange.

So, like, pretty much what I am looking for when I need to buy stuff.

If you're suggesting cryptocurrencies like Bitcoin or Ethereum would replace fiat, then I have a new cryptocurrency to sell you.

Oh yes Dollars, how could I forget! You forgot to mention the other upsides; they are subject to taxes when converting from crypto, you can literally have them lose value in your pocket via deflationary monetary policy, the work only with the confines of a nations borders, the list goes on and on!

> they are subject to taxes when converting from crypto

Using a Bitcoin gift card to purchase goods is the same as selling it for cash.

> you can literally have them lose value in your pocket via deflationary monetary policy

Deflation means your money gains value doing nothing. The dollar is inflationary. It loses a little bit of value if it sits around doing nothing. (If you have lots of money losing money to inflation, you're hiding illegally-obtained currency or doing something stupid.)

Moreover, this is an odd complaint to make of the dollar relative to cryptocurrencies, which have a habit of suddenly losing lots of value.

> the work only with the confines of a nations borders

Dollars are relatively internationalized. And again, an odd complaint to make of the dollar relative to cryptocurrencies.

Disclaimer: I am neither a lawyer nor a CPA. This is not legal nor tax advice.

> Deflation means your money gains value doing nothing. You're criticizing an aspect of inflationary monetary policy.

What a surprise, the person railing against fiat currency and trying to reinvent credit cards "but with bitcoin, and without fees!" has no idea what they're talking about.

And I think you only need that disclaimer if you are a lawyer or CPA and what you're saying could reasonably be construed as legal or tax advice.

> they are subject to taxes when converting from crypto

Being subject to taxes is a byproduct of the transaction, not the currency you use. You don't pay different tax rates for a transaction in Euro compared to the same transaction in USD.

I'm sure what you mean isn't that BTC makes it easier to avoid paying taxes, right?

> the work only with the confines of a nations borders

Dollars are accepted pretty much anywhere.

I always find it ironic that Americans worry about the value of their currency when it's the currency that other countries turn to when theirs has collapsed.

Get a grip, Cryptos can and have lost 20% of their value overnight. Compared to the value cash could lose over a year of inflation, it's not even close. Not a great argument.

Inflation in Venezula is about to hit 1 million percent.

They're a country living under a dictatorship. Not exactly the best example.