Comment: I believe the point was to

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In reply to comment: It seems you are missing the point (see in situ)

I believe the point was to

I believe the point was to eliminate transaction fees and fight against central banks debasing the currency.

To be an effective currency, you're going to have to enable it to be traded to other currencies. Once you do that, then more merchants will accept them, and then your scenario could be possible.

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