If you first have to exchange your YAC into CDN or USD, and then withdraw that money from the exchange, it will be highly impractical and completely unfeasible for small purchases.
Having a place to spend your YAC directly will increase its usefulness a great deal.
-Michael
I think we have bigger problems right now.
Is that a fact? I actually think the biggest problem for YAC (and many other alts) is the fact that you can't spend them on anything. Their only value comes from the exchange rate with some fiat currency. These currencies are naked with no substance to them, which makes them a speculative instrument at best.
If you could take 100 YAC and buy a meal at McDonalds, people would mine them for other reasons than to exchange them to USD. Some people might want their salaries paid in YAC rather than USD. And people with YAC in their pockets will create a demand for merchants to support YAC spending, which is the ONLY thing that will sustain a currency in the long run.
If YAC is irrelevant as a long term currency, then whatever problems "we have right now" are in reality also pretty irrelevant.
- Michael