@elonmusk Weak argument. $ always be exceptionally strong asset - Generates $5 trillion in annual US revenue / demand (think US taxpayers) + global demand at 58 percent of foreign reserves.
@SJosephBurns Surely there is some backing by the fact that trillions of fiat is collected annually via tax payments? What valuation would you give a currency, if it was a company, making trillions in revenue annually?