content: I don't really think that bitcoin is a very good indicator gauging how inflated that value of the dollar is, I think gold and silver are a better measure of that.  I think bitcoin is just one of those things that is riding the hype train, similar to the dotcom boom, beanie babies, and any other similar thing that has faded into obscurity after its bubble popped.   These crypto currencies are the embodiment of fiat currency, the only valuable aspect is the block chain technology that they utilize.  The bitcoin market is valued at around $60b  96% of addresses own just 3.5% of the total bitcoin market and 4% of addresses hold 96.5% of the total bitcoin market.   Just 1% of addresses control over 50% of the total bitcoin market.  Every time the bitcoin breaks a new record the exchanges are down, the whole thing seems like a scam to me...  But like I said, I definitely don't think that it holds any indication of how strong the dollar is.