I closed my bank account yesterday. I am now 100% paying for my life in Bitcoin.
Nervous, excited, and relieved.
#bitcoinstandard
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Boa, estamos juntos. All in.
Você mora no Brasil?
MY HERO. I LOVE THIS GUY!
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You will pay more for bills now
You just made inflation worse
Also, apps can close your account at any time ,happened to be with cashapp
Legend! Can't wait to follow your lead
I closed my bank account yesterday. I am now 100% paying for my life in Bitcoin.
Nervous, excited, and relieved.
#bitcoinstandard
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Amazing!
What do you use for spending at vendors? I've been looking at moonpay and just curious of other options. Preferably with no kyc
Well done 🔥
Right on Sergio! Qapla' 👀
King 🤴
DAMN!
Do you know that using strike pay and custodial wallets isn't living in a bitcoin standard doesn't you? 👀
That's awesome. 👏👏
Bitcoin is not sustainable Bitcoin cannot scale to the population Monero can
A legend was born today
Congrats!
Godspeed 🫡
This is motivation! #legend
Don’t stay humble and spend sats! ⚡️
Bold! Let us know how you get on with this!
Can’t wait to learn more about
legendary 🔥
Way to go! 👏🏻👏🏻 #bitcoin is definitely for Unbanking the banked
I don’t understand why I’d pay for my life using a harder currency. It seems to make sense to me that I should use USD anytime someone will take it. It’s worth nothing and loses value daily. Why convert it to Bitcoin just to pay out in USD? It only kind of makes sense if you’re selling goods and services for Bitcoin.
For me, the biggest problem with #Bitcoin as money was not its volatility, but the concept that money had to be “bad” (according to Gresham’s Law) in order to be easily spent in exchange for goods and services. However, after a long time, I realized that my perception was wrong. Using #Bitcoin exclusively as money means completely improving my economic environment, as it forces me to reflect on the quality and necessity of the goods and services I am willing to pay for. This is because the money (Bitcoin) I give in exchange has great value, both in the present and potentially in the future.
retard
The short and sweet is, more exposure to bitcoin makes sense to me in an up market. Time in bitcoin beats timing bitcoin.
If you dont use bitcoin as a currency and accept it as property you have failed. Property gets taxed and currency gets used as a medium of exchange. This whole experiment fails if we don't transact in bitcoin.
Why do you have any USD at all? That's what doesn't make sense.
Couldn’t agree more. I use Bitcoin whenever I can, but if someone’s willing to use a trash currency like USD then I’m happy to pay them in it. Until there is a more circular economy with Bitcoin then it’s better seen, at least to me, as a store of value. But I love what you’re doing for principles sake.
Yes, if I was giving someone Bitcoin, not converting it to USD to pay rent like OP, I agree. I will gladly pay someone accepting Bitcoin and even seek them out. But if my landlord wants a rapidly more worthless currency like USD he can have it long before I convert it to Bitcoin.
Welcome to the future. The banks won't miss you, but you won't miss them.
In which country do you live? I can't do that in spain?!
Gangsta.
Words 🤝 actions
🫡
Well that escalated quickly....
I closed my bank account yesterday. I am now 100% paying for my life in Bitcoin.
Nervous, excited, and relieved.
#bitcoinstandard
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Brilliant! Well done!
Good luck!
Is there any details or howto get this done?
Given all the comments, it is apparent that everyone would love to see your journey well documented.
God Speed!
Could you run us through a typical day/month/year of spending? How do you pay for groceries? How do you pay rent? How do you pay for flights? And so on... Genuinely curious. Need to use more Bitcoin in daily life, hoping for some inspiration. 🧠
Sergio all Bitcoiners would love to do the same. If you could share your process we would be very grateful.
Is this even possible in Europe ?
With Bull Bitcoin maybe. I still have to try it out.
Nice job! I still have my local bank account, but mainly for a few checks I have to write each month as well as a way to deposit checks to then move into bitcoin. Otherwise, I am mostly on a bitcoin standard now, and I love it! I've noticed a little less impulsive spending, because I say to myself, "Is it really worth losing some bitcoin for this new thing?". It also takes away some of the stress, and gives me a legitimate emergency fund through Strike.
🫡
This is the sign of a true to the max Maxi. Well done!
You can also look into @Bitcoin Well. It also has Direct Deposit with slider ratio, but the BTC goes to your self custody wallet. To make payments, you send BTC to an address dedicated to each payee. There is no ACH option, which can be an issue for certain mortgage and loan payments.
Restecpa
The GOAT
Are you in the US? Would be cool to document it so you could show any pitfalls or gotchas that you run into to help people coming behind you.
@pup has some articles on the process
@npub1jjn2...vknm #thanks for the #zap
#thanks @pup for the #zap
I haven’t looked too deep into it, but I’m assuming the only pitfall would be the headache of tax implications when converting bitcoin to USD to pay bills
Good job oughta ya!
You inspired me:
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congratulations 👌🏻
How are you dealing with direct deposits? Just curious how you’re doing it
Been doing this exact thing since Strike Bill Pay launched. No regrets yet.
Can you do it through a web browser with strike? Or app only? Security is my main hang up. Needs MFA
I did the same thing, half a year has passed and I’m doing ok. Not that much trouble..
Fucking Legend
I am personally interested in the idea but I'm not sure the architecture is there for it yet. How do you pay for everyday necessities? What about expenses on the go?
You can use credit cards and bill pay with strike
Legend
Kudos to you 🫡😎
i made the change this year also!
well done Sergio!
that's brave. you don't need to do the fiat mine job do you?
⚡⚡⚡⚡⚡
Congrats, friend. Let us know how it goes. I'm working my way there. I feel like I first need a 6 month emergency fund runway (in bitcoin) before my wife will feel comfortable #gettingonzero fiat.
That's a good start, but assume it will last 3 months. I'm bullish, but I've been around long enough to prepare for the worst.
Thanks, Marc. Are you saying basically assume your Bitcoin emergency fund will last half as long as you think it will due to the possibility of bearish price action?
I wouldn't say "assume," but I am prepared for a 50% drawdown at all times. It's not that I'm bearish, I've just seen it "crash" too many times to not prepare for this.
If it doesn't...Awesome! If it does, It will go back up, but I still have bills to pay.
Next challenge: go KYC-FREE
I closed my bank account yesterday. I am now 100% paying for my life in Bitcoin.
Nervous, excited, and relieved.
#bitcoinstandard
View quoted note →
Cuando sea más grande quiero ser como vos 😅
Yo también!! 😁
Dude: and 48k sats for your efforts! Oorah. Love you #bitcoin
Wow! Kuddos to you! Are you on US territory where you can use strike and the such?
Don’t feel we got the needed infrastructure to live on a #bitcoin standard in the EU/ Spain
This is fantastic. But where do you live?
Hey gang. I see a lot of you asking questions about how our good Doctor Sergio is making this work. I thought I would offer these 3 links that explain it in detail and will help you get started.
Funny thing is that I've been trying to work out how to do the same and that question brought me to these videos aswell
Hey gang. I see a lot of you asking questions about how our good Doctor Sergio is making this work. I thought I would offer these 3 links that explain it in detail and will help you get started.
I've been getting direct deposits through cash app 100% in BTC and selling whenever I pay bills, I've gotta get on the strike train. And shout-out to Bitcoin we'll, they can send your dd to sparrow wallet.
💪🏽🤙🏽based