Bitcoin's long-term growth 'far exceeds' the US dollar: Sen. Lummis

[haele]

36. Ummm. Does anyone remember inflation? And Bitcoin can be complicated on a day to day basis.

The value of the dollar is relatively stable day to day, even if they do decide to mint a $1 trillion coin to pay off the National Debt. Bitcoin is

Firstly Bitcoin values vary worse than different market fund vehicles do and, BTW, which Bitcoin server version are we talking about replacing the USD?

USDC (a stablecoin privately managed by Circle, not part of the US Treasury)? XRP? Etherium? Doge coin? They're all differently volatile, not always stable, and worth different values - generally pegged on the Dollar - when traded. If today, I got paid and have 1400 USDC coins, 1 Etherium coin worth $3,420 and 3200 Doge (appx. $1000) coins in three different which wallets until the 5th of January; how much do I set aside to pay my $2000 rent on the 1st?
The USDC is relatively stable, so I know I'll have $1400. As for the other two if I don't touch them, they could be worth $4600 or $2400 when it comes to pay rent. And my vehicle payment and student loans, and groceries....
And how do I convert it if my sweet 80 year old landlady only takes checks or cash?

There are several dozen types worldwide that I can find if I looked, and probably a dozen on the Dark Web.
Will they be able to cross platforms? If California requires a certain amount of security, authorizing only, say, five types of Bitcoin for commerce purposes, and you're being paid in another because your company is out of, say, Florida - how are you going to

Then there's the ability to secure "the wallets". You're going to ask approximately 80% of the country not already in algorithmic finance, that doesn't do "maths" beyond what is needed to balance a bank account or make change, to understand how their new cryptocurrency wallet works and how to secure it from skimmers and scammers? Most people don't know how to secure their phone accounts, and you expect them to secure their wallets?