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This again?

Did you miss the last 47 threads where people discussed the real world goods and services they purchase with cryptocurrency?




"Entirely" is the keyword.. there are certainly a lot of things you can buy with crypto, but at some point you need to convert it to a 'real' currency to pay for food or gas or server costs or whatever. And if you find a service that lets you buy food with crypto, eventually they will need to pay their suppliers with 'real' money. Everyone needs to keep track of the btc/USD (or whatever coin) exchange rate to ensure there are enough 'real' dollars or euros or whatever at the end of the day. It's a super hard thing to bootstrap a currency, much easier with the force of the state, I doubt there will ever be a truly competitive crypto.


> but at some point you need to convert it to a 'real' currency to pay for food or gas or server costs or whatever.

No you don't.

> And if you find a service that lets you buy food with crypto, eventually they will need to pay their suppliers with 'real' money.

No they don't.




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