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Cryptocurrencies are now worth more than all U.S. dollars in circulation.

Cryptocurrencies are now worth more than all U.S. dollars in circulation.



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29 Comments

  1. Question.

    Fiat is a primary requirement for crypto purchase? (unless someone is gifted a crypto wallet of course)

    Edit: thanks everyone I think my question has been collectively answered.

    Found this from a quick Google.

    I had no idea this was a thing.

    https://ihodl.com/investment/2018-11-09/top-employers-pay-crypto/

    Seems like t3ch and foreign employers pay in crypto. My question is now answered.

    We are moving away from cash. Much like how we moved away from gold and silver coins.

  2. What if I told you USD was doomed to fail because it has no limit on how many coins can be minted every year and no cap on the total amount of coins in circulation?

    When you think about it it’s no wonder dogecoin is so big in the USA, I mean their finance is shitcoin ground zero.

    Can’t argue with fekts fellas.

  3. To everyone saying that this indicates that crypto’s are overvalued, I beg to differ: [this shows the marketcap of all companies, gold, ETF’s and Crypto.](https://i.gyazo.com/51b34b49bbf06f8d64fa940dc0c27829.png)

    As long as we are comfortably behind gold I see no reason as to why this growth shall stop. Upwards of 10T is when I start to get a bit itchy, and might consider cashing out. I don’t think the current collection of crypto’s is really worth THAT much since a lot of the crypto’s up here in the top 50 are quite literally useless.

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