I am new here, so this is a beginner understanding of both Steem and crypto in general, but yeah - it would be awesome to be able to get physical needs taken care of here. I do not yet earn enough dollars to truly take care of my needs. I would love it if eventually I could get some of them met here (and yes, I'm aware it doesn't work like "poof! You're rich now!" ...not trying to get ahead of myself, lol). If one day my cat food and litter bill was paid for with or through Steem? Or my electric bill? That would be AWESOME.
I gather that once you have enough Steem you can trade for Bitcoin and then trade Bitcoin for dollars (though I have seen one online store taking Bitcoin directly already!), but losing a step or two would make it much more simple and attractive to the general public. Ntm, I would want to shop there. Like, if chewy (dot) com acceted steem or bitcoin so i could buy my cat food and litter there? You can bet I'd prefer shopping there.
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After a while, it does become quite real. Real enough (for example) that I could buy 4 new tires for our truck with what was originally Steem. But yes, the process is complex... for me, it was from Steemit to Bittrex to echange into Bitcoin, then transfer from Bittrex to Coinbase, where where I could exchange the BTC for dollars when went to my PayPal debit card.