It's important to understand the difference between Bitcoin and modern currencies, and for that you have to go back to why we don't use gold as a currency anymore. I mean, gold retains its value, right? read more
Only if they saw their holdings declining in value too fast and they had another export market to replace the United States. The economies of Japan and China are dependent on U.S. consumers. They know that if they sell their dollars, that would further depress the value of the dollar. read more