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A comment on Richard Stallman: We Can Do Better Than Bitcoin. Parent comment
One reason why it has not is that we are the reserve currency so other countries have to have large US dollar reserves to buy oil.
As the world is weaned off oil, demand for US dollars will drop. At the same time we will have to print money to pay off the debt.
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One reason why it has not is that we are the reserve currency so other countries have to have large US dollar reserves to buy oil.
As the world is weaned off oil, demand for US dollars will drop. At the same time we will have to print money to pay off the debt.