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None of my clients can pay me for my work in bitcoin without first turning real money into bitcoin, with fees involved. I can't pay my rent with bitcoin without
by egypturnash 1y ago
None of my clients can pay me for my work in bitcoin without first turning real money into bitcoin, with fees involved. I can't pay my rent with bitcoin without turning it into real money, with fees involved. I can't go to the market and buy food with bitcoin. I can't see someone begging outside Walgreens and help them out with some bitcoin. Bitcoin's also volatile enough that there's a significant risk of its value dropping on the floor between the time I receive it and try to use it. It's a fine Ponzi scam but it's utterly useless for replacing USD.
Maybe you live somewhere that your landlord takes bitcoin, that's nice for you, my landlord wants USD. If you would like to fund me finding out if my landlord will actually take bitcoin if I ask nicely enough then please feel free to send a couple bitcoins to 3CzUW828J2u5wCB2xD4iE9kH8dPTokjxow.
- staplers 1y agoSo you admit all of the problems would disappear if everyone used it?
- egypturnash 1y agoWould everyone using it solve "the contents of my wallet fluctuate in value every day"?
- andirk 1y agoI invested in a shitcoin called USD in 2013 and now it's worth a lot less. I invested in BTC in 2016 and now it's worth a lot more. Positives and negatives to fiat and crypto and none are immune to having issues.
- staplers 1y agoLiterally yes. There wouldn't be a fiat currency to fluctuate against.