Why would you want to though? It takes at least an hour to confirm (~6 blocks) without a third-party and the fees are getting super high (costs around $13.50 / 30624 satoshis per transaction to get reasonable transfer times). So unless you're transferring a large amount, you're better off using a third party that can just hold all the money and flip a bit in their database saying the money is moved.

True. But you can’t really buy anything with it.

Which means you need to cash out to fiat $$$. And then you need 3rd party authorisation while jumping through all the KYC hoops.

But why does that require a specific monetary value for bitcoin? And doesn’t this apply to any cryotocurrency?