At some point, bitcoin is going to have to be worth more than just n USD... right? Other than buying in and cashing out, what is bitcoin useful for right now? What makes BTC today better than my cash?
I am aware of the potential for cryptocurrency and I am aware of it's increasing value. But if all my money is tomorrow BTC instead of USD, for instance, how will I survive without converting it back into USD every time I needed to use it?
Not trying to be facetious, just curious as to what the bitcoin crowd is using BTC for. If not to pay for goods and services, then isn't it a misnomer at this point to keep calling it a currency?
I am aware of the potential for cryptocurrency and I am aware of it's increasing value. But if all my money is tomorrow BTC instead of USD, for instance, how will I survive without converting it back into USD every time I needed to use it?
Not trying to be facetious, just curious as to what the bitcoin crowd is using BTC for. If not to pay for goods and services, then isn't it a misnomer at this point to keep calling it a currency?