&gt; The point is, unlike with Bitcoin, people with Euros do not have any significant ideological opposition towards dollars, or acquire Euros because they believe it is superior to or will one day replace dollars.<p>And that&#x27;s why it&#x27;s a bit silly to have ideological positions about currencies :-P I&#x27;m just arguing that it is actually good for Bitcoin the currency, not that it&#x27;s good for the bitcoiner ideology.<p>&gt; So it&#x27;s good for Bitcoin in exactly the same way that it&#x27;s good for Dogecoin, and other popular alts.<p>Oh yeah, totally. It&#x27;s good for the viability of blockchain currencies in general.