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It doesn't. It pushes the value up and certainly gets more eyes on it but a rising market cap of cryptos doesn't suddenly defeat fiat currencies when a magic th
by JonnyNova 9y ago
It doesn't. It pushes the value up and certainly gets more eyes on it but a rising market cap of cryptos doesn't suddenly defeat fiat currencies when a magic threshold is reached.
- oreo81 9y agoThat "magic" threshold that fiat operates on is a group of people(fed gov) with guns that force it onto people, and will literally imprison you if you don't. Some people consider this oppressive and would like for it to change.