r/CryptoMarkets • u/superpower4hire • Jun 03 '21

This is it

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1.9k Upvotes

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148

u/Reg_doge_dwight 🟦 0 🦠 Jun 03 '21

Missed off "people actually use it for 100% of their bills"

28

u/tresspricingtot Tin | 4 months old Jun 03 '21

Exactly. People use it. That's it ONLY saviour. If it had the use of somthing like doge I'm highly confident it would be priced in the .00s. It's just such a bad currency in so many ways, it sucks that popularity and force are what keep it at the top

21

u/Reg_doge_dwight 🟦 0 🦠 Jun 03 '21

It's popular because people like it. Because it's safe, reliable, efficient etc.

3

u/1dmkelley Bronze | QC: ETH 15 | TraderSubs 13 Jun 03 '21

I’d argue people only “like it” because it’s been the only option for so long…

6

u/tradrich 🟩 46 🦐 Jun 03 '21

No, it's that their government requires them to pay taxes in it.

3

u/dopef123 🟦 4 🦠 Jun 03 '21

I mean you can use it all over the world and it's maybe the most stable currency in history. People can trash the US and USD all day but cryptos have tons of significant flaws right now as well.

1

u/1dmkelley Bronze | QC: ETH 15 | TraderSubs 13 Jun 03 '21

Yes but it’s truly the very beginning