Cryptocurrency isn't very useful as a currency, so it doesn't compete with fiat currencies. You can't use it to buy things, apart from illegal things. The exceptions are fringe uses only.
This is a plain lie. I'm buying most of my things with Bitcoin (using the lightning network).
I'm offended by people saying that I use it for illegal things, just how I don't suppose a person is a drug dealer just because there's trace cocaine on the money he or she uses.
As a digital nomad most of my travels (the expensive part of life) are with travala.com and cheapair.com (lightning works well with travala, but at least cheapair generally accepts 0-conf, although I wish they would accept lightning payments as well).
Also I use Binance debit card for payments, they autoconvert to the currency that the country needs.
Of course I use fiat currency accounts as well, I didn't say that, what I wrote is by Bitcoin payments are not illegal.
I've never heard of a binance debit card before, that's very interesting. Don't you feel like you're getting screwed by the conversion lately? Bitcoin is so volatile to use as a currency.
Not really, I bought it a long time ago (2013) and I understand that volatility is the price I pay in my life for having a currency that's super hard to print more of.
Right now I'm on a smaller budget than before, it's no problem for me.
