Almost every currency, crypto included is valued against the USD, I just don’t see everyone moving to dogecoins if suddenly it costs $340,000 to buy a hamburger. There is very real incentive to throw every possible resource behind keeping the middle-class complacent and comfortable for as long as possible.
Almost every currency, crypto included is valued against the USD, I just don’t see everyone moving to dogecoins if suddenly it costs $340,000 to buy a hamburger. There is very real incentive to throw every possible resource behind keeping the middle-class complacent and comfortable for as long as possible.