Like actual money, that you can buy things with. Is it smart to do that right now? No, probably not. Depends on what your overall strategy is, I suppose.
While my overall strategy is and always has been to accumulate and hold onto Steem, I've structured my entire Steem network of accounts to serve specific functions. One of those functions is to convert just a little bit of earned Steem to Bitcoin, then send it to Coinbase, where it can be spent using a debit card.
What's even cooler, though, is yesterday Coinbase announced that you can withdraw funds from Coinbase straight to Paypal. You can't deposit using Paypal, but they made it seem like that's just something which cannot be done yet. If I could keep selling my records and other things I don't need and get paid on Paypal, but then deposit that money to buy crypto with it, that'd be awesome.
Right now, I have a Cash app account that could be used like that, but getting people to pay me with that hasn't been easy. Most people have a Paypal account, but signing up for new things just to send money isn't always something most people are willing to do on a whim. It's understandable. Shit, I know a lot people who still won't use Paypal because they don't trust it.
The only things I've really bought with the money I've taken out is doggy daycare, food, and one movie with my wife. No lambos or anything. When Steem's value goes back up to even $1, I'll be in a much much better situation.
But if I can make it work, even a little, at these prices... I'm not giving up hope just yet. :)
The first thing I would like to buy someday when the prices go back up is a new, kickass computer. What about you?