People believe this false premises based on the historic monopoly on money printing, and that there is only "one" legal mean of payment. People have a hard time wrapping their heads around the fundamental truth that "money" is just a simple mean of transaction/exchange, NOT a tool of power and control.
- Prices on Cars don't spiral endless out of control just because a model has a limited production. People just find another model.
- People don't put all their savings into rareearth metals just bacuse they are rare.
- If one crypto gets to bloated (or loose relevance) people will cashout (hopefully in time) and use another.
- You can never prevent people from putting all their savings into Tulips. That's the beauty of free choice.