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0 sats \ 0 replies \ @LivingOnBitcoin OP 7m \ parent \ on: Seeing If I Can Pay My Rent with Bitcoin bitcoin
Of course, next time I’ll include other options for other countries.
My goal is keep on trucking along my journey and share as much as I can with everyone. I love and appreciate the support so much.
Thank you! I am so glad you're enjoying my content. More to come! I don't mind doing transactions every few days, if it costs me some Sats, it only means I am further building the network up and rewarding the ones who laid the groundworks.
121%, you are correct. I guess I should expand my content to cover other countries and territories. Thanks for that tid-bit.
I used to follow your github updates, you're a legend man. So nice to see you here and sharing your thoughts!
I already put it out there, the person I spoke with (wish I could've included it in the actual video, it didn't come out well due to distance from camera microphone) seemed generally curious and really seemed open to talking about it more within some time.
I appreciate the alternatives, I would be interested to see if they're cheaper (regarding fees, spreads, etc.) than Strike's offering.
That was my first thought, but as I kept buying more and more and converting my fiat paycheck in Bitcoin... I was like "screw it, lets do it". I am well aware of what I am doing. However, I am excited to see more people adopt the Bitcoin Standard with time.
Nothing beats Zapping Sats over the Lightning Network to another person, its honestly so sick.
There you we go, I like where you're going. It is definitely hard to see the good things happening around the world when all we see are the bad. You wouldn't be here and in Bitcoin if you didn't feel a certain way. I see progress and I hope you do too, no matter how big or small. I really enjoyed our conversation, if you ever want to chat feel free to message me on Nostr (npub1gvrj8zlxkum8h5y0eu4f2ud2n8zktjn5y7nzqu6uhqqqek2x29zq7z7tfl). I look forward to seeing you around Stacker and Nostr. Cheers.
In America, they run your credit. Bitcoin doesn't contribute to your credit score actively. If I didn't have previous credit history, I can kiss goodbye low interest rates, loans, mortages, credit cards, etc.
I am trying to put myself in your shoes and understand how you feel... The simpliest way I see is having your Bitcoin stack and a traditional bank account where you pay those pesky "fiat only" bills and expenses. Focus your time and energy on increasing your monthly cash flow, once the extra income rolls in, you will be able to go from there. It's definitely going to be more work, harder (mentally, physically, and emotionally) but believe in yourself.
I see the obstacles, which makes me feel the burdens of tax and regulatory issues. Trust me, I know the power of the big man. Its not a joke.
If tax laws were simplified (say, small payments under a certain threshold were exempt), would that meaningfully change your outlook? Or do you think it runs deeper than just taxes?
I enjoy the journey, if it means I have to log each transaction, so be it. I understand that I am very different than the rest of the world. Using fiat is easy and 99% of the world likes to take the easy route.
I acknowledge the obstacles and have an appreciation of conversation. Please don't take this as me dismissing you as FUD. Like I've said in other replys, I know I may not change your opinion, and vice versa, mine won't change. However, what would need to happen for you to feel more optimistic?
The governments around the world will be forced, one way or another to have an "open arms" policy towards Bitcoin. Unless it wants to be stuck behind, HFSP.
At the end of the day, people want change, change will come. Never stop mining for that diamond my friend.
You're not the only one and where I am located, no one within about 100 miles accepts Bitcoin p2p. That said, that doesn't mean I've put in work to get that changed. It takes time, but the more "normies" hear about Bitcoin, the more and more it will become naturally adopted.
I saw! Thank you so much for the kind words and insight. I’ll 121% ask Simon about his old mining days, that’s gotta be so cool to hear! Speaking in more merchants, oh don’t you worry… More content coming soon. :)
Ay! Thanks for sharing my video. I appreciate that so much, more than you know!
I’m visiting Simon and the deli in a few weeks, I’m looking forward to hear more stories and create content around them.
At least you tried. That’s a big step and proves to you that it’s possible. Maybe not today, but tomorrow.
Hey, if you buy Visa prepaid cards with Bitcoin, to me that still counts. As long as you understand where things are going, you’ll do just fine.
Zeus wallet is my go-to. I can happily say the same about Alby too. Good choices!
I’m sure they’re better people out there who can answer this better than me. In my opinion, fiat currencies have lost most if not all their value and credibility. Mainly due to the endless printing and poor management from the different governments around the world.
I choose to go “full Bitcoin” because I believe in the future of Bitcoin and its core ethos. I believe in freedom, the ability to opt out of the current system whenever I want too. Having my net worth in Bitcoin has only provided me more and more opportunities, whether it’s being an inflation hedge, medium of account, and as my money. It’s only good things from here.
I understand I may not pursue you or change your opinion. But I hope it sheds a light on the impact Bitcoin has made thus far.
Sure, you can stack hard. Spend fiat, but you have to think about it like this… You could buy more Bitcoin with your fiat and just spend with Bitcoin as your actually money instead of fiat being your currency and Bitcoin as savings.
I hope this makes sense, it’s so difficult to express my thoughts through text. I don’t want to plug my channel but that’s where I go more in depth on topics like these. Cheers!
I have never met someone or thought about the Cash App stacking to a BitKey before! I love this idea, I could totally see this being implemented into my Bitcoin setup. I honestly love the idea of having to sell every time you want to buy something with the card. ColdCard is just the cherry on top, excellent choice my friend! It truly encourages you to save your Bitcoin. Kudos to you.
I will say, the more you go out to your local stores and talk about Bitcoin (within reason and while being respectful) the more it matures and thus increasing the accepting problem. It starts with us.
Lastly, regarding your main lightning setup... This has to be so great for you, I like how you use combos between Cash App and the BitKey hardware wallet and Alby Hub and the Go app. You're using those products and services how they were probably meant to be used.
Thank you for the encouragement! I am glad you mentioned that because I post my video content (besides vertical, short form) on Rumble and Nostr too.
Rumble: https://rumble.com/user/nittanycrypto
Nostr: npub1gvrj8zlxkum8h5y0eu4f2ud2n8zktjn5y7nzqu6uhqqqek2x29zq7z7tfl
Bottom line, your current situation is normal. I would consider looking into getting your income up. You mention volatility and that was one of my fears too, however if you think about how far Bitcoin has come, just think where it will go in the next 5-10 years. Once you secure more income, your life will become easier and easier. It's obvious you're passionate about all things Bitcoin and it shows with your business ventures. So focus on what you want to do and the hard work will pay off.
I will definitely take a look at your business, thanks for replying and the thought provoking conversation.