You literally can with payment cards do this today. The largest cryptocurrency exchange released a visa card where you can 'spend crypto'. I hate it when starb

You literally can with payment cards do this today. The largest cryptocurrency exchange released a visa card where you can 'spend crypto'. I hate it when starbucks doesn't take my Krugerrands. What if cryptocurrencies can buy things that fiat currencies can not? Not everything is sold in a physical store. What if /the payment card industry/ converted cryptocurrency to local fiat for you? Right now there are several psuedobank providers that will do this (for years now), but we are talking about the card network themselves doing it themselves. Cryptocurrency does certainly stretch the definition of money. That's why it is exciting. Pyramid schemes are something different, pyramid schemes are about recruiting folks to pay you, and them getting them to repeat the same trick, with money funneling to the top. What you are thinking of is a Ponzi scheme, in which early investors are paid by later investors. Now this is where the definitions get blurred. Most asset classes act this way, and we don't consider SPY a ponzi, nor housing in major cities, nor the USD market itself. I am not trying to recruit, or even encourage you to convert your hard earned funds on magic internet money. But this dismissal of cryptocurrency is injurious to your future wealth.