Well its still early days, Biden was very against Crypto, so point of sales systems couldnt provide it. Companies like Square are now working on it, so you will be able to use it; or any form of cash you want, or fractional shares and gold etf.
Maybe all currencies will just be forced to compete on inflation one day, and everyone will use the one with the lowest annual growth in new supply.
Do you think credit cards are ideal? People happily pay a 4% fee to Visa to buy something at the store, yet you think a spot convert is going to be the death knell?
As well as the deflation of their currency, as the currency increases at around 10% a year, as you’re praying that a CPI that does hedonic adjustments and substitutions maintains your standard of living; as we go from free range to factory farms, and housing appreciation is excluded entirety.
Maybe it wont be bitcoin, maybe it will be fractional shares, or spot convert gold, but I am definitely waiting for the day when I can hold 0$ in cash. I’m already near 0, but I’d like to replace it entirely.
I still think DOGE is just feeding all that information to Palantir, and everything else is a pretext to that goal. They want an AI embedded directly into the government, making a large dependency on it, and bypassing checks and balances quickly has allowed that to happen.