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Ok my question is. The US dollar was backed by gold before. It was taken out for various reasons one being that they wanted to print more money, have “inflation” tax, and more control of monetary policy and debt. If it was still backed by gold we wouldn’t be in so much debt nor would there be inflation…the dollar would only go up in value as gold is limited. Now gold is ditched. Bitcoin is meant to solve the same problem.Will the dollar be backed by Bitcoin?? The govt wants control. They cant ban btc but they can make it hard to use. They can make the taxes on it like 90%. Off ramp all the banks so can’t buy it. Fed has cbdc coming out. Btc cant have a use case bc the govt won’t support it.If the value rises- means dollar is worthless. Ok so value of btc rises you cant cash out to dollars bc it’s worthless. So you transact in btc. But everyone’s gotta accept it support aka govt. and if you only have a little btc and inflations through the roof that little btc won’t last you that long.Just some thoughts im trying to understand
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