@Porwest 7 May 2022 more from that month

I am curious anyone's thoughts. Currently there is some talk among crypto enthusiasts that converting crypto to fiat is bad for crypto and counterintuitive to the "purpose." However, in the current environment, if crypto is spent in a business that accepts it for payment, isn't that in a sense an instant conversion to fiat? One presumes that currently much of the business' suppliers and employees, and other payments of services like electricity, network services, telephone and other things are all still paid in fiat. In that way in order for the business to maintain operations it almost MUST convert its collected crypto to fiat to pay its bills. Doesn't this present a bit of a conundrum in the short term? What say you?