> Crypto schemes certainly deserve much of the scorn that has been poured on them recently, but the way things are trending with the $US dollar may not be all

> Crypto schemes certainly deserve much of the scorn that has been poured on them recently, but the way things are trending with the $US dollar may not be all that much better. Sure seems like holding dollars was a lot better than holding crypto the last few years, so not sure where you are getting that USD is not much better. Anyways, they're not really comparable since it's pretty clear at this point that crypto isn't a viable medium of exchange even at feature-set level (ignoring the problems with its volatility - everything you can buy with crypto got 66% more expensive in the last 6 months, which is worse than price rises under USD inflation). But how badly have things been trending with the USD vs other true mediums-of-exchange (i.e. currencies that you can use to pay for normal things, like food, clothes, energy, taxes, etc)? Seems like not very differently. Inflation, induced by monetary policy, pandemic, and war is affecting all significant medium-of-exchange currencies and economies right now. None of those real currencies is realistically going to take over reserve currency status from USD any time soon.