Can a net become a sequence?
No, unless it is already a sequence.
Let us forget convergence for the moment. A net in a set $X$ is a function $x : I \to X$ defined on a directed set $I$. If $I = \mathbb N$, then $x$ is called a sequence.
If you have a function $f : X \to Y$, you get a net $f \circ x :I \to Y$ defined again on $I$. Thus, if $I \ne \mathbb N$, then $f \circ x$ cannot be a sequence.
Now let $X, Y$ be topological spaces. Obviously, if $x$ converges to $\xi \in X$ and $f$ is continuous at $\xi$, then $f \circ x$ converges to $f(\xi) \in Y$.
That said, I think what you really want to know is this:
Do we need general nets in $\mathbb R$?
Isn't it completely sufficient to work with sequences in that case?
If we have a net $x$ in $\mathbb R$, can we "compress" it to a sequence withount losing information?
1. I suggest that you read my answer to What is the motivation for sequences to be defined on natural numbers? You will see that nets play a vital role in elementary calculus (Riemann integral).
2. It depends on what you want to do. In fact all topological properties of $\mathbb R$ can be expressed via sequences. This is true because $\mathbb R$ is first-countable. See again What is the motivation for sequences to be defined on natural numbers? However, working only with sequences is not expedient; one would renounce important concepts of approximating real numbers by systems more general than sequences.
3. You might have the idea that each net $x : I \to \mathbb R$ has a subsequence, i.e. a subnet defined on $\mathbb N$, and that it could be that each net can be replaced by the collection of its subsequences.
Concerning the concept of subnet see A simpler equivalent definition of subnet.
The existence of a subsequence of a net $x: I \to X$ means that there is a sequence $y: \mathbb N \to \mathbb R$ and a monotonic function $ \varphi : \mathbb N \to I$ such that
- $y = x \circ \varphi$
- The image of $\varphi$ is cofinal in $I$
If only the first condition is satisfied, let us use the phrase subordinated sequence (this is just ad-hoc terminology).
Lemma. A net $x$ has a subsequence if and only if $I$ contains of countable cofinal subset.
Proof. The "only if" part follows from the definition. For the "if" part let $N$ be a countable cofinal subset of $I$ (it may be finite). There exists a surjection $\psi : \mathbb N \to N$. Define $\varphi$ inductively as follows. Take $\varphi(1) = \psi(1)$. Assume that we have constructed $\varphi(1) \le \varphi(2) \le \ldots \le \varphi(n)$ such that $\varphi(i) \ge \psi(i)$. Then take any $\varphi(n+1) \ge \varphi(n), \psi(n+1)$. Then certainly $y = x \circ \varphi$ is a subordinated sequence. Given $\alpha \in I$, there exists $\nu \in N$ such that $\nu \ge \alpha$. Write $\nu = \psi(n)$. Then $\varphi(n) \ge \alpha$, i.e. the image of $\varphi$ is cofinal in $I$.
For some $I$ the existence of a countable cofinal subset is trivial. Examples are $I = \mathbb R$ with its usual order and $I =$ set of finite subsets of $\mathbb N$ ordered by inclusion.
In contrast, to find subordinated sequences is easy. For example, all constant maps $\varphi : \mathbb N \to I$ will do the job.
Concerning convergence: It is obvious that if a net $x$ converges to $\xi \in X$, then all subnets (in particular all subsequences) converge to $\xi$. Cofinality is essential here.
The convergence of a single subnet of course does not imply the convergence of the full net $x$.
Example. In the context of the Riemann integral we consider $I =$ set of all partitions of a closed interval $[a,b]$. This does not contain a countable cofinal subset, hence no net on $I$ has a subsequence.
In fact, let $N \subset I$ be any countable set. Then the set $P$ of all partition points occurring in the members of $N$ is countable. Take any $\tau \in [a,b] \setminus P$. Then there is no partition in $N$ refining the partition $(a, \tau, b)$.
But perhaps cofinality is not that important in the special case $X = \mathbb R$? Does the convergence of subordinated sequences tell us anything about the convergence of $x$?
No, we do need cofinality. Concerning subordinated sequences we only have this:
If $x$ converges to $\xi \in \mathbb R$, then there exists a subordinated sequence converging to $\xi$.
Let us construct $\varphi$ inductively. Pick any $\alpha_1 = \varphi(1)$ such that $x(\alpha_1) \in (\xi-1,\xi+1)$. Assume we have $\varphi(1) \le \varphi(2) \le \ldots \le \varphi(n)$ such that $x(\varphi(i)) \in (\xi-1/i,\xi+1/i)$. Since $x$ converges to $\xi$, there exists $\beta \in I$ such that $x(\gamma) \in (\xi-1/(n+1),\xi+1/(n+1))$ for $\gamma \ge \beta$. Now choose $\varphi(n+1) \ge \varphi(n), \beta$.
The converse is of course not true. All constant $\varphi : \mathbb N \to I$ produce subordinated sequences of $x$ which are convergent, but there is no reason why $x$ should be convergent.