Based on the exchanges you mentioned, I guess you're in the US.
What services you use for paying bills since you said you don't have a bank account?
Also, what about buying a coffee at the local shop and stuff like that? usually they take only fiat. How do you convert Bitcoin to fiat without a bank?
Ah right, so he actually does have a bank account, just not in the traditional sense.
For example, fold will give you a debit card that is connected to a bitcoin wallet, so whenever you pay with the card, it sells bitcoin and pays with fiat. That is basically having a bank account.
The link for this post uses a read-only front-end for Twitter, which can be easier to read for viewing a full Twitter thread. The Tweet that kicked off the thread is:
Took my entire salary in #Bitcoin this year. 100% net wage paid bi-weekly.
Started off with Coinbase direct deposit, migrated to Bitwage, Cash App, then got the company to pay me directly.
Interesting 🤔
Based on the exchanges you mentioned, I guess you're in the US.
What services you use for paying bills since you said you don't have a bank account?
Also, what about buying a coffee at the local shop and stuff like that? usually they take only fiat. How do you convert Bitcoin to fiat without a bank?
idk what they used, but there is bitrefill and other tools, along with prepaid debit cards you can buy with bitcoin that dont need a bank account
I just shared a Twitter thread, so it's not me (earnbitcoin) that is doing this 100% in bitcoin story.
But one of the Tweet replies has info related to your question:
https://twitter.com/rarepassenger/status/1605269545815515137 [Nitter]
Ah right, so he actually does have a bank account, just not in the traditional sense.
For example, fold will give you a debit card that is connected to a bitcoin wallet, so whenever you pay with the card, it sells bitcoin and pays with fiat. That is basically having a bank account.
give it two halving and I bet you will be very happy!
Ouch
The link for this post uses a read-only front-end for Twitter, which can be easier to read for viewing a full Twitter thread. The Tweet that kicked off the thread is:
view on twitter.comCoinTelegraph has an article based on this Tweet:
Frozen bank account triggers switch to Bitcoin salary for a whole year
#110572
https://cointelegraph.com/news/frozen-bank-account-triggers-switch-to-bitcoin-salary-for-a-whole-year
нас уже двое... а значит другие получат меньше...)))