So with all this new buzz about ETH and the BTC split, ive been trying to imagine a future where cryptocurrency is used instead of FIAT. People like us who have invested early will be filthy rich in the seemingly near future and im wondering how the economics of this will play out if crypto does take over. My main concern is what will stop the biggest whales from collaborating together to pump and dump coin to coin? Since you can pretty much trade anonymously wheres the accountability? So my question to you all is this: if crypto ever does become the next FIAT, do you trust your fellow anon whales to be responsible with the immense power that they will have?
>>1889640
>My main concern is what will stop the biggest whales from collaborating together to pump and dump coin to coin?
What makes you think they don't do that already?
>>1889640
It's irrelevant because DOPECOIN will become the world reserve currency.
It's less unlikely than you would at first think.
>>1889643
I know they do that already look at ETH thats my question: how is there accountability if this goes as far as everyone wants it to?
>>1889644
well personally i dont think that it will happen, but my opinion is irrelevant
>>1889655
*i dont think crypto will ever become FIAT. we all know Dopecoin is the one true coin
>>1889650
There isn't accountability. But there isn't in fiat, either.