But, it’s very rare to come across people who have integrated Bitcoin into their daily lives in such a way that they don’t use fiat at all. It’s not that easy to do.
I accidentally came across a YouTube video of a guy from Canada who claims to live on Bitcoin. So he decided to share his experience. If you are interested to hear what he has to say, this is the link: I Live On Bitcoin! Here's How You Can Too…
It’s a rather long video that lasts over 44 minutes, so I will try to sum up some of the most interesting points:
- Benjamin has lived on Bitcoin since September 2020.
- He lives in Canada, where he spends most of his coins.
- Benjamin is a Youtuber who gets paid exclusively in Bitcoin, no fiat.
- He claims that he values his privacy and uses mixing services and CoinJoins to mask the origin of his funds.
- Benjamin uses a Canadian online service called Bylls, which allows customers to pay utility bills with crypto.
- He does his daily shopping by purchasing gift cards from Bitrefill.
- When he needs USD, he deposits his Bitcoin as collateral and takes out a loan in fiat.
If you want to know more, you will have to watch the entire video. It’s difficult to explain everything in one post.
This YouTuber lives in Canada, a country in the West. So, naturally, it’s easier to do it there than in many poorer regions of the world. But it’s still an intriguing and courageous live choice. If all of it is true, of course.
With this thread, I would like to know how many users of Bitcointalk have tried something similar, or are maybe living only on crypto as we speak? Has anyone tried it for a day, a week, or just a few hours?
Please share your experience, and if possible, include the names and locations of shops, websites, and services that made your BTC spending easier and more comfortable. How easy or hard is it to live only on Bitcoin in your city/country?
If you are concerned about your anonymity, you don’t have to mention any names if you believe someone could use that info against you.