[lifekaizen]

I'm on the pro-crypto side, but the US dollar has more than consumer confidence, it has the largest armed forces the world has ever seen. So a better comparison is something like gold, I think, that has value because we say it has value (it's shiny! and rare...)... which is fine, just different.

[JohnFen]

I'm not "anti-crypto", but reason that I won't touch it is that it's not stable. With dollars, I know that the money will have a roughly constant value across time. Cryptocurrencies do the opposite of that. By the measure of stability, gold is also preferable to crytocurrency.

If I were a speculator, that instability would be attractive. But I'm not.

[landemva]

Then you also avoid the equities markets and you stick to bonds denominated in your home currency. T-bills are useful for some people.

[scalesolved]

The dollar hasn't had a roughly constant value across time, perhaps on short time periods.