What would happen to bitcoin if the US released its own digital dollar?

What would happen to bitcoin if the US released its own digital dollar?

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digitalcommons.law.msu.edu/cgi/viewcontent.cgi?article=1003&context=jbsl
bankofengland.co.uk/-/media/boe/files/quarterly-bulletin/2014/money-creation-in-the-modern-economy
medium.com/coinmonks/what-is-the-real-value-of-bitcoin-2c80c621568e
m.youtube.com/watch?v=jfx7PnMtCeY
youtube.com/watch?v=7pxe4qwDwC4
twitter.com/SFWRedditVideos

everyone would use the digital dollar

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Nothing
It's still printer paper

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i think Crypto currencies can co exist together with fiat currencies infact they can compliment each other, besides Blockchain is more than crypto, real uses like DEFI can be different as well, a worthy mention of DEFI platform is Finnexus.

PUMP IT happens.

>another stablecoin like tether that shits out money from thin air with massive volume is created
BTC to 1 mil

What would happen if anybody could buy bitcoin with the crypto dollar, I wonder, without the need for fiat gateways.

bitcoin already lost the main pair status to usdt, just look at cmc.

What if they create a literal bitcoin but call it digital dollar? Let's say premined as fuck but with the same stock to flow and fundamentals than bitcoin.

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bitcoin has no fundamentals, what are you writing about.
it's just an unbacked token

USDC