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I buy stuff with it all the time.

It is by far the easiest way to pay people who are in another country. Trying to use a bank account for that always seems to get thwarted by a bunch of "fraud alert" false alarms.



The hardest part of paying people who are in another country is taxes, IMO. Which I don't think crypto fixes.


If you don't intent to comply, it solves the problem of taxes.


Who said anything about paying taxes.


Is it? I pay people in other countries with normal credit cards all the time.


You're assuming they have a visa/mastercard merchant account. Have you ever seen what it takes to get one? Definitely not easy. Or cheap (fees).


True but that also protects me if something goes wrong.


So what "it does" might be "points out how terrible banking regulations have become."


Makes sense, as fraud is the default for crypto transactions.




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