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0 sats \ 4 replies \ @sudonaka 23 Mar 2023 \ parent \ on: For how long could you keep your lifestyle without any income? bitcoin
Have strike or cashapp available to quickly convert to fiat for emergencies until bills can be paid directly.
If you are in USA cashapp is by far the fastest and easiest way to put Bitcoin on a fiat dollar debit card.
I can lightning into cashapp and have all lightning funds available as dollars within 10 minutes
We don't have an LN to fiat rail here in South Africa, I would have to go through a P2P market or buy vouchers via bitrefill, bit of a ballache, while the currency is dog shit, still gets you stuff, why spend the good money when you can spend the bad, right?
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How easy/fast is to use p2p markets there? Do you use binance? Have you tried robosats?
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There's a reasonable P2P market on Paxful, premiums are a bit steep, only payment method I could access on robosats would be paypal, then I would need to push that fiat to my bank account and declare it as foreign income to get the fiat swapped from USD to Zar, ball ache of note and add that to my income tax for the year, ball ache of note
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P2P is slower for now- trade off for privacy.
No I do not use binance
Robosats is highly recommended.
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