Yes once a enough fiat currency is behind it and other altcoins :) Or crypto debit/credit cards become widely available and adopted (STEEM would one of the most ideal for quick, no-cost transactions) making it extremely more valuable imo
haha I know. But we have come to realize that value is just in belief and adoption for currency hence their majority sheeple make fiat currency valuable
Yes once a enough fiat currency is behind it and other altcoins :) Or crypto debit/credit cards become widely available and adopted (STEEM would one of the most ideal for quick, no-cost transactions) making it extremely more valuable imo
I don't think it has anything to do with fiat being behind it. Fiat is only currently "alive" for the sheeples
Yes, but there are more sheeple than us hence why it does have to do with it right up until it doesn't ;)
Oh okay right up until it doesn't :)
Yeah haha and by that I just mean, obviously it still matters now but it will only matter as long as we allow it to.
Paper backed by "gold" monopoly money
haha I know. But we have come to realize that value is just in belief and adoption for currency hence their majority sheeple make fiat currency valuable