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by bobthepanda
1964 days ago
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If anything, cryptocurrencies are becoming more like illiquid equity rather than a currency. I can't exactly go to the store and exchange BTC for milk. Interestingly, local dispensaries at one point entertained the idea of BTC ATMs to get around the fact that they have no ability to take credit cards due to the illegal state of pot at the federal level, but this was abandoned after a bit because the volatility was too expensive to make this a worthwhile proposition. |
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I keep a small float in FIAT so I only do this when it’s the cheaper option.