Actual utility of cryptocurrency for monetary transfer confirmed: today I used #ETH to pay for a startup investment. It was way better than a wire: faster & not closed for the day at 3pm pst. (Haven't compared tx costs).
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Holy crap, I paid 36c in tx fees, vs. $25 for a wire. Not that it matters much for this use case, it's tiny either way, but that's like 60x. Not bad.
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Of course, your tax return grows, but that problem is solvable.
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Yeah, it would have been sweet if 1031 had worked out and it was a rollover not a taxable event, but eh, April 2019 is a long time away.
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(And I don’t know about how much the current transaction fee is paid for by speculation.)
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