A non-imaginary scenario that DOES exist!
"Imagine a scenario where you find this magical powder that meters beautifully... ...it even ended up being THE BEST choice for both calibers!"
Sevens, you can stop imagining!
Although I personally use 3 very different powders for the .223R, 2 additional powders for the .308W and 3 more powders just for the .260R, the use of a single powder for 2, 3 or many cartridges is a great idea. Especially for a newer or lower volume reloader.
This is especially true now with the continuing shortages of many reloading components.
There are quite a few powders that are EXCELLENT in BOTH the .223R AND .308W.
No, I don't think you can use a single powder for both if you are trying to use 36g to 90g bullets in the .223R and 100g to 200g bullets in the .308W.
BUT, if you are using (maybe) 50g to 77g in the .223R and 150g to 180g in the .308W, you could.
And, since the .223R is primary to the OP and the .308W is loaded/shot far less it becomes far easier to select a single powder...
In addition to what others have mentioned and bullet weights desired, a few good choices for a single powder would be Winchester 748, IMR 8208, Hodgdon Varget, Hodgdon H-335/B2c, Accurate 2230, Accurate 2520, Ramshot TAC, Reloder 15...
Again, depending on bullet weights loaded, other possibilities would be Reloder 10X Ramshot X-Terminator and others mentioned...
"Generally speaking Those two different powders will last roughly as long as one "dual use" "
NOT TRUE if using a single powder you buy 8 pounds at a time instead of two, 1 pound containers of different powders...
And, the way the OP loads, he will run out of the supposedly "magical perfect powder" for the .223R long before he needs more .308W "magical perfect powder"!
T.