[niggler]

its all fun and games until people really start cashing out.

[oleganza]

Or until people realise that many around them already have BTC or ready to accept it as payment. Then who needs dollars?

[gamblor956]

Anyone who wants to pay their taxes...unless they enjoy wasting money on currency conversion fees which frequently exceed 5-10% of the amount converted.

Governments already know how to deal with foreign currencies: they simply make you convert your foreign-currency-denominated income into the local currency for purposes of calculating taxable income.

[tatsuke95]

I think you seriously underestimate the demand and use of dollars.

[knowaveragejoe]

This. Wordpress, Reddit, even Expensify are but a glimmer of how much trade goes on with dollars in the world.

[oleganza]

I not talking about demand in dollars today. I'm talking about future demand in dollars by those who get understand Bitcoin.