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..
Bitcoin is a decentralized currency due to which no country's government can control it. But dollar or fiat currency has centralized owner to control it whereas Bitcoin does not. Moreover, Bitcoin has a fixed supply with no human hands and no scope of regulation, making it an independent currency. And for that reason there is no connection between USD and Bitcoin rather Bitcoin is a cryptocurrencies, but USD is a stable currency.