USD is more stable because gov/banks/etc. are all staring at it all day, as well as their country's population. Not saying I trust them but I'd rather have a bill backed by the US gov than by Satoshi Nakamoto.

He's the single person YOU rely on -- the one who designed the mining system, currency caps, etc. Ridiculous.

USD is more distributed than Bitcoin just because people are always watching theorizing monitoring USD. Bitcoin is at the mercy of market manipulators and there are no legal protections provided against even basic tricks.

> but I'd rather have a bill backed by the US gov

I am assuming that you are fine with 90% loss in purchasing power of the US dollar in the last 100 years.

You provided no proof that USD is stable, just a bunch of handwaving.

> He's the single person YOU rely on.

For security, no. The protocol is public. So I assume you mean only by market manipulation. But how so? Is this the same way I rely on Bill Gates not to trade all his money to a foreign currency?

> You provided no proof that USD is stable

Inflation figures for USD are readily available. That it is more stable when considered against most goods and services than bitcoin is not something about which there is any room for serious dispute.

Actually the CPI proves exactly that it is stable. http://www.bls.gov/cpi/

This is not the observation of one person or perspective. It's the actual purchasing power of USD.