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"A de facto currency is a unit of money that is not legal tender in a country but is treated as such by most of the populace. The United States dollar and the E
by adrianwaj 15y ago
"A de facto currency is a unit of money that is not legal tender in a country but is treated as such by most of the populace. The United States dollar and the European Union euro are the most common de facto currencies."
http://en.wikipedia.org/wiki/De_facto_currency http://en.wikipedia.org/wiki/De_facto_currency
Bitcoin could become a world de facto currency. A crypto one. That's the counter reality to the one you propose.
- vannevar 15y agoSo could Beanie Babies. Or comic books. Or baseball cards. Or tulips. Or any given penny stock. But they won't, and neither will bitcoin.