How I use / have used Crytpo

We are all here for the tech !!! No, not really. Quite a few of us are here for the investing opportunities. When I 1st got into crypto I was a big believer in BTC & LTC as forms of currency. I promoted them and used them to make small purchases such as coffee and a lunch here and there when i could find a vendor.

Then something happened..... the USA IRS decided that cryptocurrencies were not currency, no, in fact they were just an investment vehicle. All of a sudden over night crypto started to plummet and crypto winter BEGAN!!!!

So what was I to do? I believed in the power of these currencies over government run FIAT, but the US Govt (through the IRS) had declared war on cryptocurrencies.

I knocked my head against wall and decided, fine if they will not let me purchase physical goods within the boundaries of the US I will just avoid this location.

So what I do is invest FIAT into crypto through coinbase app on my iphone. Now this costs me some fees but is the easiest way for me. I instantly transfer them to a different wallet. Therefore the IRS says I bought and sold at the same price and saw no gain, so no taxes.
I then filter that wallet through an exchange into a different currency and out into a different wallet, a kind of digital money washing.

Know with my crypto I manage to spend it when I travel. I mostly go to Japan as they are very crypto friendly. I use it in business dealings, just like people say do you take Venmo. I say do you have any crypto you would like to pay with ?

This has 2 effects, 1st it lets me get crypto as payment if I can and 2nd if not, raises the awareness of whomever i am doing business with that crypto is an option.

Outside of this I use crypto in the digital realm. Ahhhhh.. crypto in its natural state. I invest a small bit here in steem as I do see upside potential as soon as we great rid of a bunch of the early adopters who are only here to get rich quick and don't support any new comers... (cough.. cough.... whales... cough)

I also truly believe that gaming and game tokens (NFT's) are the big growth engine that crypto needs. Gaming has always driven computer tech. (Yes, I know PORN is a big driver also).

Porn drove the payment infrastructure of the internet, but gaming drove the hardware development and networks to prevent lag that allowed the modern information super-highway to exist.

So gamers will use crypto to buy / sell all their favorite in games items and someone will let them trade those items for physical goods. So do i use crypto as a swing trade ? yes, kinda like a forex account, but mostly I use it to fund any new projects and raise awareness that all is possible.

I also run a private limo service for business travelers in Colorado and I have 2 Japanese businessmen that pay me in LTC. That transaction is always my favorite.