The main point cryptobros are missing is that the economy is controlled by force, something you can experiece if you are sailing in the persian gulf these days.
Even at the scale of a family, my taxes are collected once a year and if I don’t pay the nation comes collecting their due by force, via the law enforcement.
All these cryptomoneys have the notable bug of not being controllable by the nations controllong their economy, so come a sufficient magnitude of value transfer they will be rendered illegal very fast. You ain’t getting paid with it, you ain’t buying food or or mortgages with it.
You can buy drugs and killers with it though, which is nice if you are into that kind of thing.
Multiple crypto exchanges allow you to issue a card and pay for usual stuff. I don’t use one now because I don’t have savings in crypto, but I did buy groceries with BTC. They were actually traded to euros first at the moment of payment, but it didn’t require any additional steps from me.
The main point cryptobros are missing is that the economy is controlled by force, something you can experiece if you are sailing in the persian gulf these days.
Even at the scale of a family, my taxes are collected once a year and if I don’t pay the nation comes collecting their due by force, via the law enforcement.
All these cryptomoneys have the notable bug of not being controllable by the nations controllong their economy, so come a sufficient magnitude of value transfer they will be rendered illegal very fast. You ain’t getting paid with it, you ain’t buying food or or mortgages with it.
You can buy drugs and killers with it though, which is nice if you are into that kind of thing.
Multiple crypto exchanges allow you to issue a card and pay for usual stuff. I don’t use one now because I don’t have savings in crypto, but I did buy groceries with BTC. They were actually traded to euros first at the moment of payment, but it didn’t require any additional steps from me.