I think something americans often miss with this use of bitcoin is how much people in the world keep dollars in the mattress. It is often said that the us does

I think something americans often miss with this use of bitcoin is how much people in the world keep dollars in the mattress. It is often said that the us doesnt have inflation because when more dollars are printed, global demand still captures them. That is, when people in other countries save in dollars, they fund the US and defund their own country. Not making a moral or economic case against allowing people to do that, but its the effect it has. So now, what if the world stopped using dollars and started storing in bitcoin? Then the rise of bitcoin truly would be proportional to the demise of the dollar. In this way, I'm scared the bitcoin fanatics might actually have a point.