[DoughtyOne]

Any monetary parking spot, competes with other monetary parking spots.

If people were to start holding Bitcoin vs the U. S. Dollar, the dollar would come under negative pressure.

That negative pressure on the dollar would not be helpful.

[Boogieman]

“If people were to start holding Bitcoin vs the U. S. Dollar, the dollar would come under negative pressure.”

Well, everyone rues the consequences of the free market when they begin losing to the competition.

“That negative pressure on the dollar would not be helpful.”

I disagree. Those types of consequences can be great motivators to a government who would otherwise blithely pursue silly liberal economic and monetary policies that undermine their own country.

[precisionshootist]

"Any monetary parking spot, competes with other monetary parking spots. If people were to start holding Bitcoin vs the U. S. Dollar, the dollar would come under negative pressure. That negative pressure on the dollar would not be helpful."

And the reason people may do just that is BECAUSE of the federal reserve printing money. No one can print more bitcoin. There are 21 million and that's it.

The government steals your wealth without ever having access to your funds by simply increasing the supply of money. "printing money".