Good point. But once paper fiat is gone, and people are used to using crypto, why would they need to exchange for electronic fiat (nationalized cryptocurrency)?
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Good point. But once paper fiat is gone, and people are used to using crypto, why would they need to exchange for electronic fiat (nationalized cryptocurrency)?
where do you buy your food and what currency your vendor is accepting?
or your electric bill?
Actually, here in Japan they just started accepting Bitcoin for utility bills. And soon they'll be accepting it at thousands of stores across the country.
Of course, right now I use Japanese yen for daily purchases. I use Bitcoin to load up my debit card for online purchases, and also use Bitcoin directly where it's accepted, which is more and more places.
that is
AWESOOOOOME, did not expect ^^
just checked out your posts... so you resteem a lot hm?
you are living in japan, right?
there are so many thing people are interested in... why not write about it?
will follow to see with what u might come up and i hope u will ;-)
I write fiction, I just don't have a lot of time because I run a small business. I have a lot written for my novel "Merwin In The Multiverse," but have only posted a bit of it so far. But it's coming.
I write other things occasionally too, like my recent post about EOS.
Thanks for the follow, I'll follow back.
That's so interesting that you can experience the crypto-movement in Japan first hand. do you feel like the people are accepting it and LIKE to use bitcoin, or that they'd rather not, or that they just don't care very much?
I live in what Japanese people call "the countryside"," a small city of 80,000 people or so. I have one student at my ESL school who is into crypto hardcore, but the rest are still clueless. I was explaining Steemit to one of my students, an older guy who's an engineer at a major electronic component manufacturer. His eyes glazed over as I demonstrated a vote on Steemit and explained that I'd just effortlessly sent a micropayment to someone in Africa. He has no frame of reference for this technology, and no interest in understanding it, so he won't. And I believe that is still the majority. And that's a good thing, because it means that even with all the recent hype and increasing crypto prices there is still a ton of room for growth.