The Fed's Plan to Provide Swap Lines for Dollars

The Fed came out in a coordinated action with most major central banks and said that they were going to provide swap lines for dollars. The US dollar is still king and it will remain king until Bitcoin takes over. But even when Bitcoin takes over, that doesn't mean that the dollar has to fail because the dollar has changed many times in history. And there's nothing to say that the dollar can't change again to being backed by Bitcoin or even backed by gold.