Mollies thrive in higher ph levels of the 7.5, it depends on what area of the world the fish are from. I keep a lot of lake malawi
mbuna they like a good 8.0+ ph so I do keep my ph in that range for them to be happy. I use crushed coral like you would w/ saltwater tanks, and limestone to make the water hard. This is as the water is in lake malawi.
The goal is to imitate their water conditions where they are from as much as possible so they can thrive. They may survive, but not keeping their water at levels they need can hinder their growth and lifespan.
You would want to keep your fish in a community that likes very similar water conditions.