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RE: Light Bulbs
Well my comparison is just that cash doesn't need it. The promise is that you will eventually be able to use it in more places. ID laws are a parallel issue IMO. Sure, some things you won't be able to buy without an ID. But plenty of places just take cash, and that could as well be crypto.
One example or two-to buy a beer even if you use cash you need an ID. To receive any medical treatment you need an ID, even if you pay in advance with cash.
With the improving speed of transactions crypto should be easy to use, but there is no current price stability, so it is still going to be a fiat based transaction. Yes you can use your phone to pay for a lot of things in various stores, but the prices are all based in fiat. Right now to much volatility in crypto to be a useful everyday currency. How long ago was it that bitcoin or what ever was almost $20-,000 what is it now $6,000?
Oh sure, but now you are talking about a separate point, which I agree with.
I'm merely saying that the ID bit isn't strictly necessary to function as a currency. They can still check your ID and then request payment in crypto in your examples.
That's true.