[lifeisstillgood]

It is regulated - the number of coins is a function of computing power on the problem. That makes it similar to gold - there is a finite amount on earth and we can mine more or less as our efforts dictate

The fact that coins are allocated to miners is no different than good allocated to miners

I am not saying now is a good time to peg the dollar to the bitcoin. I doubt it would ever be - but the concept is viable I think - and that makes it feasible - a government could set its own algorithms, and peg to its own mathematically deflationary currency. That would be an interesting step forward