“The dollar is clearly a piece of junk whose value has decreased by 99% since its genesis.
Yet, it's still the most powerful fiat currency, capable of preserving purchasing power more than any other. This is due to the fact that it is the most USED currency for global transactions. The usage supports and perpetuates the value, even against the headwinds of Cantillionaires (and the US gov) siphoning much of the value away.
Usage clearly is an incredibly important input to the equation. Imagine if Bitcoin were USED for even a little bit of global trade.
I’m not certain we’ll ever witness that day, considering that here in 2025, even those among us who comprehend the significance of the stakes persist in prioritizing convenience over liberty.”
https://stacker.news/items/1017557/r/halalmoney?commentId=1018168