Why was and how did the U.S. Dollar become the most respected and valued global currency? For the same reasons Bitcoin will now begin to become the most valued and trusted global currency.

The U.S. Dollar was backed by physical gold for quite some time. This was very good. Physical gold requires various forms of energy to mine it. The U.S. Dollar was nearly inflationary as long as perfectly linked to physical gold. Inflation was not really possible. These simple facts propelled the U.S. Dollar onto what was once a great trajectory. Unfortunately, greedy individuals found a way to steal money from tax payers / devaluing the dollar by printing more of it when there was no gold linked to it.

Once physical gold was disconnected from the U.S. Dollar, it was only an unknown amount of time separating its continued debasement and final and eventual resting place near worthlessness.

Similar to physical gold, digital gold / Bitcoin is backed by the forms of energy required to mine it. Even better than physical gold, Bitcoin is limited at a supply of 21 million Bitcoin and can be moved much more easily than heavy physical bars of gold. Additionally, Bitcoin can also further be broken down into Satoshis. And while physical gold was actually stolen from citizens by government workers after its disconnection from the U.S. Dollar, Bitcoin can not be stolen by average criminals or by government worker criminals when stored correctly. It’s simply impossible.

Similar to physical gold and its once connected U.S. Dollar, Bitcoin will be the next inflationary, globally trusted and valued currency after the U.S. Dollar, for similar, but superior reasons.