[chill1]

Are you sure you can't spend Bitcoin directly for goods and services? Have you tried? When was the last time you searched for physical shops near you [1] that accept it?

[1] https://coinmap.org/

[robjan]

I can buy mining equipment or stay at an hourly love hotel located in the red light district in my city according to the map. I guess some of my needs could be met.

[FabHK]

Not bad. I have a dentist one town over, and "Bitcoin Fabio" who has spammed the map in every major city nearby and buys and sells Bitcoin, and seems very trustworthy, because he says it is "100% safe !"

I think I prefer your options...

[twox2]

The fees are too high and at least in the US, every transaction is taxable.

[chill1]

No one should be using on-chain Bitcoin transactions for in-person exchange. Partly due to the high fees, but mostly because of double-spending and lack of privacy. Lightning Network solves all of these problems. Fees are much lower, settlement is instant and clear to even unsophisticated users, and the recipient cannot see from where the funds originated.

Taxes are a different issue and that's up to each jurisdiction to solve via better legislation.

[ac29]

I looked for restaurants, groceries and cafes around Silicon Valley (which I'd think would have a higher than average density of crypto holders).

There were 2, and both appear to be out of business.

[duckmysick]

I am sure. The nearest listed physical shop that accepts Bitcoin is 160 km away from me and it sells custom-made mugs.

[UncleMeat]

There are two restaurants like 60 miles from my location that accept btc, according to that website.