"Easy. Send Btc to a US based exchange and then withdraw fiat from there. bitcoin doesn't know any frontier. And you also don't have to worry about the volatility because since a month bitcoin is as stable as a Fiat currency. "
easy?...not really, unless you want to hand over your full id. New choices, new users will eventually head down regulation path, but there will always be a large element of old and new btc support that wants to remain anon..i used to mine and buy btc not to hold but to spend as it was the only token that i could use to purchase things i required.
Today when you spend btc at a business, that business has other payment options and almost always dumps (bitpay) to fiat..Bitcoin needs businesses to only accept BTC...will that happen?...only with regulation.
I believe other cryptocoins will fill the void of unregulatable(i dont think thats a word,lol) payment options and maybe even decentralized markets (openbaazar, crave dm) but they couldnt sell on an exchange...maybe in wallet is the way ahead for them.
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