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> It does to convert from Bitcoin to Fiat currency.

Why do that if everyone accepts bitcoin?

And in any case, no you don't. Not as long as cash exists.

Its not technically possible at this time for this to be true.

It is not technically possible to trade physical cash bills for bitcoin? I do it all the time...

You are claiming a situation where 100% of merchants take bitcoin (i.e. everyone) and the scale required is beyond bitcoin by several orders of magnitude.

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