Quote:
Originally Posted by rubecube
You realize that means the answer is "no," right?
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You are correct that the infrastructure is no where close to supporting accepting a crypto currency at a POS
But I can easily transfer Bitcoin to someone relatively instantly and they can withdraw as cash at the corner store to get cash in their local currency.
Big deal right . Just use your bank card! But most people are approaching this from a Western Europe/NA standpoint with relatively mature banking systems, stable currencies with liquidity, and trust.
Bitcoin is just a store of value . You can trade it as a commodity, or protect against holding a traditional currency, or use as a transfer of value.
In NA I agree it’s a speculative buy or something for fun - excluding illegal
Activity
In a lot of countries it is an alternative to holding cash/local
Currencies.