>Where is it stored? On a computer you don't possess.
Do you control the computer at the Federal Reserve Bank?
>How is it created? From a program you can't control.
Do you control the printing press at the Federal Reserve?
>How could your currency by taken from you? By a keystroke, or simply pulling the power cord.
How many trillions of dollars were lost in 2008 from the housing bubble? Try to get more than $10k out of a bank without a lot of questions. Or try to get cash out of an ATM when the power is out. Don't pay your taxes, be prepared to have your paycheck garnished.
Sounds like the Federal Reserve isn't legit either. What back's the American Dollar? Faith. That's it.