0 sats \ 0 replies \ @TheBTCManual 9 Dec 2023 \ on: If fiat currency is doomed, why hasn't it collapsed yet? bitcoin
Because there are people still willing to accept it, even in hyperinflationary countries, people are still operating with the currency failing faster trying to get the most value they can out of it changing hands.
It's the base layer of each country and the most liquid medium of exchange, while the underlying unit of measurement is failing the payment networks and liquidity is robust