At this point BTC and other crypto is more an investment than a currency. You typically would have to cash out for fiat to purchase anything substantial (like you would with stock) especially in this case where there can be 30% swings in a single day.
The lending space will be an interesting one to see what happens when people make big purchases on a cryptocurrency and then the currency crashes. Ethlend is another interesting crypto lending company to check out as well.
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Source: https://news.bitcoin.com/from-mansions-to-prisons-bitcoin-and-real-estate-doesnt-mix-so-well/
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At this point BTC and other crypto is more an investment than a currency. You typically would have to cash out for fiat to purchase anything substantial (like you would with stock) especially in this case where there can be 30% swings in a single day.
The lending space will be an interesting one to see what happens when people make big purchases on a cryptocurrency and then the currency crashes. Ethlend is another interesting crypto lending company to check out as well.
Warning! This user is on my black list, likely as a known plagiarist, spammer or ID thief. Please be cautious with this post!
To get off this list, please chat with us in the #steemitabuse-appeals channel in steemit.chat.