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RE: More and more use cases for STEEM dollars are emerging. I just ordered a mug from Steemporium and paid with SBD's.

in #life7 years ago

Okie, I am ready to sell everything I own for SBD or Steem......That is a really nice site, even though the prices seem high to me it is nice to see Steem as an international currency. BTC can be treated as such but it's usually given a conversion, like 45USD paid as 0.01BTC. It's still marketed as 45 bucks not BTC or Satoshis....I like the concept, guess it helps SBD is roughly equal to USD, unless the infrastructure is failing.

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Agreed, it's still nice to see the conversion, at least for the next few years while we are still a fiat based society.

I am in the USA. We are, as usual, years behind the rest of the world in using tech that is mostly created here and our empire will probably fall with fiat currency. The USD has been the de facto reserve currency since WW2. It is now backed by nothing but debt and we export it to others to control the inflation. It is illegal to use gold of silver to even buy anything here. It is ironic that our government has not outlawed cryptocurrency but the "Media" slant on it makes it pretty much unknown to the general public.

Wasn't aware it was illegal to use gold and silver for payment - I mean I know it's not exactly commonplace, but didn't know it was technically outlawed.

I can't say I totally agree the general public, at least many folks, are aware of bitcoin with the incredible growth its experienced. As far as their perception of it...well that's a whole different story altogether.