You can survive by using a cryptocurrency as long as you're poor, or as long as you exist on the margins.
If you have a job, the government will mandate that you get paid in "real money" and it will demand its not-inconsiderable cut in taxes. You want to buy some food? Ok, buy it in bitcoin, but give us our 8% sales tax in "real money". Property tax on your house? That's 3% of assessed value, "real money" only. Etc.
As one pundit tweeted: "You know what's cooler than a million dollars? Virtual currency backed by nothing and nobody."
If you have a job, the government will mandate that you get paid in "real money" and it will demand its not-inconsiderable cut in taxes. You want to buy some food? Ok, buy it in bitcoin, but give us our 8% sales tax in "real money". Property tax on your house? That's 3% of assessed value, "real money" only. Etc.
As one pundit tweeted: "You know what's cooler than a million dollars? Virtual currency backed by nothing and nobody."