> but I've paid most larger bills with it for more than 2 years.
Do you have examples?
Have you paid rent, your mortgage, your car, for a laptop, etc, with cryptocurrency?
Do you have examples?
Have you paid rent, your mortgage, your car, for a laptop, etc, with cryptocurrency?
Of course they don't, if they live in a vaguely developed nation. I can't speak to the stories some tell of using it countries where the national currency is unstable, and my apologies to previous commenter if this is legitimately a problem the have, but everywhere else this is easy enough to answer.
In somewhere such as the US or Europe, who in their right mind as a landlord or mortgage provider is going to take the volatility risk of accepting crypto as a primary means of settling rent/home payments, when well in excess of 99 percent of customers wouldn't use it anyway? The very few businesses that do accept often do so as a novelty - see the use of dogecoin on some fan stores etc etc.
As always, I'm sure there are exceptions that prove the rule, but I can tell you right now my mortgage provider, car dealer and computer vendor would all laugh at me if I even asked.
I pay as much as possible with cash as in paper bank notes, but those are also almost entirely crypto funded.
I do not use regular CEX (centralized exchanges) at all as on or off ramps or submit to any KYC for any of this.. that said I'm definitely wouldn't be able to remain anonymous if I were to do anything grossly illegal with my funds.
Do you pay all these things with crypto or do you (or a service) convert it to fiat and then pay your bills?
I don't live where my username implies, in case you're wondering.
The stablecoin is not in the local currency of course, but it's not different in any practical way from handling foreign USD payments.
You're not using it as currency.