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RE: $1 isn't really $1 anymore ?!?

in LeoFinance2 years ago

If it keeps losing value I wonder how it will effect Cryptos?

This has been a big question on my mind.
I tend to think if it lost all value Cryptos would be worth more and would be pegged to gold instead. Maybe I'm dreaming, I don't understand economics well enough to have a strong opinion.
Thanks for the great post.
!CTP

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Ideally would be that in the future be able to use crypto to pay for goods or services directly without interference from fiat currencies like the $ but there's still a long way until we get there.

Thank you for your reply!