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..
I don't think bitcoin will ever be bound by any fiat currency because as far as I know, the purpose of bitcoin was created to replace existing currencies in the world transparently and there is a limit, correct me if I'm wrong