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That doesn't matter if you only use it for transactions. Step in, transact, step out.
by xorcist 9y ago
That doesn't matter if you only use it for transactions. Step in, transact, step out.
- TheCoelacanth 9y agoWho is going to pay you for your Dogecoin if no one wants to hold them?
- ethftw 9y agoWho's going to work for USD if no one wants to hold them?
- TheCoelacanth 9y agoNo one, but that's an irrelevant hypothetical because people do want to hold them and that's unlikely to change. Even if people in the US did want to get paid in a different currency, they would still need some USD to pay their tax bill.
- t3soro 9y agoUnited States persons with tax or debt obligations, obviously.
- ethftw 9y agoTouche!
- xorcist 9y agoThis is indeed the folly of only valuating a coin for its transactional properties.