But can it win the war?
Here’s what happened last year, according to The Money Project:
Using the benchmark of the U.S. Dollar Index, a comparison against a basket of major currencies, the dollar gained 8.3% throughout the year.
Despite this strength, the best performing currency in 2015 was not the dollar.
Bitcoin, a digital and decentralized cryptocurrency, staged a late comeback in 2015 to overtake the dollar by a whopping 35% by the end of the year.
Of course that chart only shows calendar year 2015. When it entered the currency scene (and its on its was to being a currency, unlike gold which remains a commodity) it shot up nearly 6000%! But in 2014 it lost more than half.
It would be nice if in the 21st century we could invent a currency with a bit more stability and useability. Water futures perhaps?