Thanks for step by step very helpful.
But I was thinking ....
To me it is Crypto vs non-crypto digital 'money'
But it is also about Owned vs non-owned systems
All we the users, need is an "app" so I can pay you or the merchant.
No need for plastic cards.
And it is this that has the elite bankers scared IMHO
This is how were get our non crypto friends into steemit tho... They way $ but they will end up learning crypto. I see you but I know people and if you show them how to get cash from an ATM from posting on steemit they will end up loving crypto.
Agreed. the cash part is a big draw card.
But assuming my coffee shop takes crypto and so does my landlord as they both have an "app"
I just transfer crypto as needed.
I don't need FIAT unless I want to deal with someone still on that old system.
At least thats the way I'm seeing things ATM