[elevenoh]

I like the open, competitive, low-middle-man economic vision.

I'm not sure whether the volatility of ETH price matters much when stablecoins are readily available.

Generally: I'll switch to ethereum for daily spending when I can spend through a proxy that allows revert an erroneous transaction (e.g. a overcharge or wrong recipient), perhaps necessarily arbitrated by a 3rd party. It's just a little too stressful sending >$100-500 frequently w/ ethereum right now.

This week, I bought a little airbnb pre-ipo, then sold post-ipo through Ethereum->FTX exchange.

Also bought some 24 hr traded synthetic tesla stock on eth.mirror.finance. (completely anonymously)

Wild times. Hard to go back once you have a taste of financial freedom.

[RhodoYolo]

I don't think crypto will ever be used on daily spending, but could be better for 'contractual spending'. It won't ever be used for buying a coke, or anything like that (not saying it won't, just not it's actual purpose'. Things like employment, insurance, reccuring subscriptions, etc. It can A.) sometimes insure anonymity when wanted, complete visibility of reccuring spend and contract in place but employment is going to be the big transition is causes. Imagine upwork, but decentralized and written in airtight contracts to ensure performance.

But tbh your whole second blurb goes over my head.

[elevenoh]

>I don't think crypto will ever be used on daily spending

I agree, it's great of contractual/conditional speding.

But I think it'll be used for daily spending in the next 5 yrs.

My business receives payments via stripe where they take 2.7% fee. then i have to wait 2-3 business days to receive it in my account. I hate this & already offer a 2% discount when buyers pay my business in crypto. And a surprising # of my employees (~35%) would prefer to get paid in crypto.

[latchkey]

My company just went through the exercise of deciding to be paid in crypto or not. Asked my accountant and they said it makes no difference tax wise.

In fact, if anything, it complicates taxes because it is just one more thing to track. I opted not to do this, despite being heavily pro-crypto. In fact, my company is in the crypto space.

I'm curious what your employee reasons are. Maybe if you aren't in the US, it could make more sense, but I'm not seeing it. Insight welcome.