Presently, should we say it's good the way bitcoin its been tied to dollars? Dollars is not backed up with any resources but to my understanding, bitcoin is a product of great energy surge. We shouldn't let bitcoin tied to dollars but bitcoin standing on its own. What could decide the durability and value of bitcoin? I have some ideas..
If Bitcoin were tied to the dollar, don't you think that they would have choked it with so much control and regulation? The reason the government feel threatened about it's existence is that due to its decentralized nature, transactions of users can't be monitored and this means they can't wake up one morning and dictate how you use your funds.
Bitcoin has proven that it can be used as a hedge against inflation but why is the Govt not adopting it? Yeah, I know, they lose total control and that's not something they want to give up easily so they stick with their views on Bitcoin being a means where thieves can perpetuate their shady dealings.
I have some ideas
Yeah, care to enlighten us?..