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If it's 1-1 to USD, why not just swap coin for USD?

That's the point, you can't do that now and more than likely ever...

What are you talking about? I can do so easily on gdax.com and I assume other places as well.

I saw a bitcoin ATM at the mall the other day.

I get that I guess it's not easy for someone in a major city or whatever.

Then you'd have to pay capital gains taxes.