[trthomps]

The banking system deals with it by just reversing the transaction so the end user of the system, the consumer, doesn't care. This ends up screwing the merchant most of the time, causing the price to be paid by higher prices, but people don't seem to care.

And most people don't store value in currency long term, they typically store value in assets such as precious metals, securities, or real estate. Cash has a purpose of exchanging value in the modern economy, nothing more. It is manipulated by design to bring stability to the economy to allow for a more favorable business environment.

I think crypto has a place in the world... but it's not as a general purpose currency. Using anything but a fiat currency for commerce is way too unstable for long term sustainability.