Currently not,because in m country Bitcoin merchants are very less and so the user base is.
But idea is innovative and I'm looking forward to it.
Topic: How many of you are living just with Bitcoin? (Read 1245 times)
It's going to be a bitch to go 100% Bitcoin. I do shift a huge portion of my income to Bitcoin, and pay for most online things with Bitcoin, but there are the odd occasion where
I have to use a credit card or cash. One example : Renewal of Anti-virus software {No company offer that... only New purchases}
I also had to pay the doctor for his services a week ago with a credit card.... his secretary just got a blank look on her face, when I asked.. Do you accept Bitcoin.
We still have a long way to go before we can go 100% Bitcoin.
I have to use a credit card or cash. One example : Renewal of Anti-virus software {No company offer that... only New purchases}
I also had to pay the doctor for his services a week ago with a credit card.... his secretary just got a blank look on her face, when I asked.. Do you accept Bitcoin.
We still have a long way to go before we can go 100% Bitcoin.
It's impossible, you would still need fiat to pay rent, taxes, bills, car gas.. and that assuming you can directly buy everything else directly without cashing out for fiat. And i have no idea how to get my BTC taxed so I would rather keep it to myself.
not much,,,I often buy food using bitcoin 
Very, very interesting your post (if it is true). I haven't heard to many businesses (or to tell the truth I have heard not more than the number of the fingers of one hand) that pay with bitcoin. Your choice is very courageous because the price of bitcoin is not stable and bitcoin is to much volatile. But, as a good bitcoiner, I believe that the price will go high in time so your behavior can be taken as a good investment.
Let's come to me now. I would like to live with bitcoin but it is not possible for me. I have not resources in bitcoin so I live like all the all the other normal people. Using fiat money and hoping that one day have not everyday profits in bitcoin but only a significant amount of those in order to have a good retirement.
Let's come to me now. I would like to live with bitcoin but it is not possible for me. I have not resources in bitcoin so I live like all the all the other normal people. Using fiat money and hoping that one day have not everyday profits in bitcoin but only a significant amount of those in order to have a good retirement.
Volatility should not be that big of a deal when spending bitcoins.
If you spend bitcoins and the price goes up, how is that any different than spending dollars and the price of bitcoins goes up?
You could have just as easily converted those dollars to bitcoins before the price went up instead of spending them.
Still collecting, although I hope to pay my mortgage with the Bitcoins I earn in some months.
not much, from the beginning until now I only collect bitcoin
I buy around 60% of my food with bitcoin, plus I usually buy everything online with bitcoin.
Switching 100% to Bitcoin would simply be impossible in the area I live.
Switching 100% to Bitcoin would simply be impossible in the area I live.
for now I can not live only use bitcoin,I not see available in my place been there in a shop or department store that accepts bitcoin I had to turn it FIAT to use it in real life but for online shopping do I usually use
I don't live on bitcoins but I manage to pay off my bills (electricity, internet, grocery and other bills) with bitcoins and pay for other expenses and cope up with the increasing prices. I have a job to earn for a living and bitcoins come as an added advantage to get something by just being active in this forum and doing small tasks which easily can earn BTC.
Very, very interesting your post (if it is true). I haven't heard to many businesses (or to tell the truth I have heard not more than the number of the fingers of one hand) that pay with bitcoin. Your choice is very courageous because the price of bitcoin is not stable and bitcoin is to much volatile. But, as a good bitcoiner, I believe that the price will go high in time so your behavior can be taken as a good investment.
Let's come to me now. I would like to live with bitcoin but it is not possible for me. I have not resources in bitcoin so I live like all the all the other normal people. Using fiat money and hoping that one day have not everyday profits in bitcoin but only a significant amount of those in order to have a good retirement.
Let's come to me now. I would like to live with bitcoin but it is not possible for me. I have not resources in bitcoin so I live like all the all the other normal people. Using fiat money and hoping that one day have not everyday profits in bitcoin but only a significant amount of those in order to have a good retirement.
I forsee this thread will be a vey funny thread in the fuure where everyone is living using bitcoin only. Just like the 10k bitcoin pizza thread
for sending money i only use bitcoin while i used to use paypal and western union. i hope to replace other services as well if there is a good alternative.
Getting paid in Bitcoin, I do enough trade in localbitcoins that I have cash reserves as needed and anything extra I send back to the exchange.
There are only a few things I need by bank for and I'm working on finding a fix for that.
We are much further than a few years ago and I am sure in a couple more years it will be even easier.
As far as using credit cards not being the same as living off of bitcoins...is your VISA card a dollar VISA card? No. It is merely a payment processor. The credit card company pays your bill in the currency that the business accepts then takes from your account the currency that you use. It could be euros, dinars, dollars, etc. So using your bitcoins as the funding currency is just another option. Most of our daily transactions use payment processors unless you're using cash.
There are only a few things I need by bank for and I'm working on finding a fix for that.
We are much further than a few years ago and I am sure in a couple more years it will be even easier.
As far as using credit cards not being the same as living off of bitcoins...is your VISA card a dollar VISA card? No. It is merely a payment processor. The credit card company pays your bill in the currency that the business accepts then takes from your account the currency that you use. It could be euros, dinars, dollars, etc. So using your bitcoins as the funding currency is just another option. Most of our daily transactions use payment processors unless you're using cash.
I can't pay my rent, groceries, gas or car payment with bitcoin, so using bitcoin only to live is not an option for me at all.
We are lucky to have https://www.livingroomofsatoshi.com/ here in Australia so just about everything you mentioned can be paid for using there service.Anything like gas or food can be covered with a Coinjar swipe card (debit card).
I personally don't get paid in btc but i do transfer a few dollard into btc when i have some spare cash, from there it goes straight onto a paper wallet.
If i ever need to use the btc i have stored on paper wallets then all i got to do is scan the private key, send it to My Coinjar account and transfer to my debit card, this only takes a couple of minutes.
I know it sounds like a lot of fucking around but only need to do it in emergencies and i sleep safer knowing my private keys have never been on the net.
I'am not personally , we don't even have any single local shop that use bitcoin . I'am only 18 years old so I'am not working yet can't speak about income from job or something .
now for what comes to the Credit cards part that you are speaking about , MasterCard is totally against Bitcoin so sooner or later I assume that those cards won't be functional anymore and if you ask me they defeat the purpose of bitcoin .; I mean you are using them for being annonymus and low fees right ? well they are not giving that .
now for what comes to the Credit cards part that you are speaking about , MasterCard is totally against Bitcoin so sooner or later I assume that those cards won't be functional anymore and if you ask me they defeat the purpose of bitcoin .; I mean you are using them for being annonymus and low fees right ? well they are not giving that .
I'm in the process of trying to move to btc only.
All income has already been switched to bitcoin only. Problem however is on the spending side as there are very few merchants who accept bitcoin in my part of the world so I'll have to make use of a bitcoin debit card or alternatively cash out what's needed to fiat through my local exchange.
I however prefer going the debit card route as that would mean that I can bypass my bank account. Cashing out at the local exchange means that I'm still reliant on my bank account to get hold of the funds and I want to try and cut my bank out completely.
All income has already been switched to bitcoin only. Problem however is on the spending side as there are very few merchants who accept bitcoin in my part of the world so I'll have to make use of a bitcoin debit card or alternatively cash out what's needed to fiat through my local exchange.
I however prefer going the debit card route as that would mean that I can bypass my bank account. Cashing out at the local exchange means that I'm still reliant on my bank account to get hold of the funds and I want to try and cut my bank out completely.
How did you cope with the price decline of bitcoin? Or were most of the coins spend in the month you earned them?
If I remember correctly, back then I was living on a month-to-month basis, so coins generally got spent as they came in.
As for other price fluctuations, doesn't matter to me. I invoice in USD, get paid in BTC, and earn quite a bit more than my cost of living. I just pull out the little I need for living, and leave the rest in BTC. Sometimes I get paid @ $220 and it goes up to $300, and other times it's vice versa, but it all balances out in the end.
This only really works if either, a) you pull the BTC out immediately upon getting paid, or b) earn quite a bit more than you need for living, hence are happy just to let BTC sit there. Oh, and obviously only if you view BTC as a long-term play, which I do.
25% of my earnings now comes from bitcoins, the rest is from my day job.
I hope there will be time it reaches 100% and no more day job where only my employers get rich
I hope there will be time it reaches 100% and no more day job where only my employers get rich
I've been paid in purely bitcoin for over 2 years now, so in that sense, I live 100% off bitcoin.
Obviously, I need to switch it over to fiat to pay bills, buy groceries and so on. Nonetheless, my income has been 100% bitcoin for over 2 years now.
Obviously, I need to switch it over to fiat to pay bills, buy groceries and so on. Nonetheless, my income has been 100% bitcoin for over 2 years now.
How did you cope with the price decline of bitcoin? Or were most of the coins spend in the month you earned them?
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