4 ms·

It’s let’s me buy stuff in fiat cash only establishments.

• wvlia5 4y ago
  So "useful" = "accepted as payment in fiat cash only establishments"? Then, we should say that only "cash fiat" is useful, while fiat bank account balances are not "useful"?
  • devoutsalsa 4y ago
    Cash in hand... cash in the bank... I don't spend a lot of time worrying about the distinction between the two. For now when I want a burrito from Taco Bell, they still don't let me but it w/ DOGE.
    • wvlia5 4y ago
      "cash in the bank" is an oxymoron. But by "cash" you mean any form of fiat, ok. So then your definition of "useful" = "accepted as payment in fiat only establishments". By definition, these establishments will only accept fiat. So you are just defining "useful" = "fiat". Sure, by that definition only fiat is "useful". Definitions like that don't bring any new information. A better definition is "X is useful if I can convert X into a burrito". You can do that with DOGE or any crypto, anywhere Visa is accepted (for example with Lemon cash). You can also do that without Visa, it just requires more work: first exchange your crypto in a P2P network, then pay burrito