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0 sats \ 3 replies \ @Fenix 5h \ on: Getting out of debt bitcoin_beginners
I believe that by using a prepaid credit card, you are masking the problem you are trying to solve. From what I understand, you are financing a company that uses fiat and Visa to the detriment of stimulating a circular economy in Bitcoin. I know it's not simply a matter of leaving the card and using SATs, but validating this when you could simply use Pix and the fiat that is available seems more coherent to me. Congratulations on the reduction in debt.
According to BTCMap, there is nowhere in my city to spend my SATs. I can also spend fiat money or make a Pix to pay for a good and not receive anything for it. I pay with my credit/debit card and receive some cashback sats in return. At least in my opinion, it is more reasonable. I may be wrong, but that is how I understand it.
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Until more retailers accept sats it is very difficult to avoid using fiat money.
All we can do is support those few (if any) BTC accepting retailers and continue to use fiat where there is no other option.
IMO getting out of debt is an excellent priority to start with- then at least you are not so much supporting the fiat system.
Breaking the fiat monopoly over MoE/payments is going to be more difficult and will take time...until then getting free of debt is still moving in the right direction.
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Thank you, my first priority now is to break that cycle of debt and installments on the credit cards.
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