In case you're honestly approaching this and misunderstanding, the value of the dollar lies in that the US gov't transacts taxes in dollars. It's not just "whoe

In case you're honestly approaching this and misunderstanding, the value of the dollar lies in that the US gov't transacts taxes in dollars. It's not just "whoever" - if BTC had a reasonably equivalently vital transaction that it could be used for (OPEC switches to BTC, EU switches to BTC) then it would be a bit more apples to apples.