I meant not for a real life use as of replacing FIAT 100%.
so, now I am confused... btc does this/
there are people being paid in btc. if they buy their food and pay rent in bitcoin, then you have your 100% fiat replacement? what am i missing?
edit: same with ltc if you only counting alts.
So i am more confuse myself here, please explain:
Bitcoin drops its value at about 100us dollars a month more or less, so,
How do you pay someone with bitcoins? How that person is going to have savings if what is saving is devaluing constantly?
You tell them just hold on your bitcoins son, one day you will be rich?
Don't worry about your family atm, one day a single bitcoin will be worth 20.000 us dollars son.
PS: I know a guy that is paid in bitcoins, he films for the foundation blah blah..
You know what he does as soon as he gets paid?
Sells them all because he needs money to live! and buy plane tickets to go do his job, and pay for hotels, meals, etc etc.
So what is the point?