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I'm around for a few hours, let's do this.

What questions do you have about us living on bitcoin (as much as possible)?

What’s have been the most notable changes in how you live?

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I expected to see changes on the spending side, but that didn't happen. We're fairly frugal, so without large discretionary spending you kinda spend as you have to.

What did change, though, is how I view friction. I started embracing it.
While on the fiat standard, I was chasing convenience above all else. Even if it cost slightly more, I was able to convince myself it was worth the time savings.
As I started using bitcoin as money, I had to track more things manually.
It takes a bit of work, much less than I thought, but it still is friction.

Extending from that, I took on more friction when choosing where to spend. If there's a merchant accepting sats with good (enough) products, I'll put in the extra effort needed to spend there.

I guess, sometimes friction can be a good thing. It makes me pause and remember why I am not always choosing the route with the least resistance. It also makes me think how much friction would be too much. How much am I willing to compromise on quality, and a few other things I never thought about before.

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V nice introspective reflections

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great answer, I’ve also found benefits to limiting what I’m willing to buy

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43 sats \ 2 replies \ @k00b 14 Apr

What's your favorite non-bitcoin thing about South Africa? What's your least favorite?

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What's your favorite non-bitcoin thing about South Africa?

The people. They're so used to inefficient and at times incompetent government on all levels that they find ways to make things work.

And then the landscapes. Particularly around my favorite area, Cape Town. Beautiful mountains, white beaches, extremely beautiful coastal road. Search for "Chapman's Peak Drive" and take a look at a few images to get an idea. And there's more just like that.

What's your least favorite?

Bureaucracy. It's an absolute nightmare. Add in demotivated clerks, many of which haven't exactly had the best education, a slightly non-standard situation, and you know you're in for a months long if not not multi-year process.

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Africa is assymetric, the south tickled my fanny

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196 sats \ 1 reply \ @anon 14 Apr

Do you think paying for things in sats has been a net positive for your economic situation?

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Yes, but with caveats.

The TLD;DR is: I have the numbers to show that the sats we have spent and continue to spend were bought at a steep discount considering how long ago we bought them.

That required three key pieces.

First, we live on less than we earn. That's been automatic for us ever since we got out of debt a long time ago.

The second part was, during the first year and a bit, I was stacking like everyone else. I wouldn't spend at all, just stack and hodl.
That built a buffer, and the sats bought via DCA during that time have "aged" so to speak. They gained in terms of fiat value over time.

The third part, finally, is spending and replacing. And replacing more than spent (which obv wouldn't be possible without the first point).

The net result is that the time gap between the sats we spend today and when we bought them keeps growing.
And the longer that time gap, we usually gain more in purchasing power even if there are temporary setbacks.

I encourage anyone to give it a go. Not all in but just start with one small thing. Buy it with sats every month. Replace those sats with a bit on top. Keep track of purchases and spends and see for yourself how you keep growing your purchasing power as the same thing keeps costing fewer sats.

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What is the best place to live?

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Wherever the current weather is in the 20-25C range (that's 68-77 in freedom temperature units) and I can count on frequent sunshine.

Or in a pinch, wherever it ain't winter-esque right now.

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A related note: which place has the best food?

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Ooof, so hard. It mostly depends on what we feel like on any day.

Depending on that, it could be Basque country (pinxos), Southern France (baguette, cheese & wine), Sicily (just about anything there), Thailand (various green curries), Japan (natto), or Korea (chicken & beer).

I'm probably forgetting a few others. And now I'm hungry! xD

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Without wanting to pry, I am really curious about your lifestyle. I think you may have mentioned that you travel with your family.

My wife and I have done a little of this with our three kids, we've spent a month or two or five here or there, but we are mostly stationary now.

How do you like a more nomadic lifestyle? Do you have any tips for someone wanting to be more nomadic with kids?

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How do you like a more nomadic lifestyle?

We love it. It goes hand in hand with leaning towards being minimalist without making it a religion. It took some practice and work, but now that we got it down, it's such an easy way to live.

More often than not, we travel with backpacks only at 8-10kg each / 18-22 lbs. If we need multi-weather stuff, we'll share one carry-on. Very rarely we have to opt for one suitcase to share.

Do you have any tips for someone wanting to be more nomadic with kids?

For the kids specific parts, I'm afraid we're the wrong people to give advice. We don't have kids, so we can't speak to those specific challenges.

But I have seen it done by others and they were very happy. So know that it is definitely possible.

On a more general note, I always suggest to "try it on" in easy mode.
Our first nomadic stint was moving around Australia. We were living in Australia at the time.
So we didn't need any specific considerations with work permits, avoided timezone issues, were in the same culture, and able to travel in our own car.

So if you want to give it a whirl, treat it as an open-ended road trip. There is no shame in cutting short. Give yourself permission to not like it if you miss a home. That's perfectly fine.

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freedom temp units?? fighting words

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166 sats \ 1 reply \ @Car 14 Apr

Do you earn on Bitcoin as well? and if so what have you found is the best way to stack sats?

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Not yet! That would be the dream. I'm working on it for my next engagements.

The closest I got was getting paid in filthy stable shitcoins. At least that was somewhat easier to exchange without going through centralized kyc riddled places.

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110 sats \ 1 reply \ @k00b 14 Apr

What's the most surprising thing you've learned living on bitcoin?

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Excellent question and a tough one. Thank you.

I suppose the most surprising was how much my wife as embraced it. She's very far from you usual "bitcoiner type", very frugal and conservative when it comes to money matters.
When I discovered Bitcoin, I sat down and explained to her what I see in it, and that I'd give it a real go with a limited portion of money.

My first surprise was that she wasn't vehemently against it.
The second surprise when, about a half year of stacking in, she asked if she can have some in her own custody too, to learn it.
Since then, she's been getting used to it, spending freely (and replacing ore than spent obv), and just embracing it.

Now, a few years later, when she hears the price has tanked she says she wishes we would have spare fiat to buy more. xD

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I'm curious how you started paying for things in Bitcoin. Did it take a lot of hustling to find providers who accepted bitcoin? Was/is there a lot of hoop-jumping involved?

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It took a lot of research. Frequent visits to BTC Map, and trying to get into local Bitcoin meetups/groups to find out where to spend.

Not so much hustling, as we're moving around a lot and that makes it very hard to build a strong relationship with merchants if we're only around a few months at most.

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I haven't put in very much effort, but I think I'd have a hard time convincing the electricity or water utility here in Austin to accept bitcoin.

Food might be easier, and using something like silent.link for phone service is no problem.

If I was to try this, I think I'd end up using a lot of gift card services or bill pay services, but that wouldn't really be the same as actually paying in sats.

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I haven't put in very much effort, but I think I'd have a hard time convincing the electricity or water utility here in Austin to accept bitcoin.

No kidding. That's where the type of intermediary like MoneyBadger really helps a ton.
Even if the utilities don't keep the sats, I get to pay and not worry about conversions.

If I was to try this, I think I'd end up using a lot of gift card services or bill pay services, but that wouldn't really be the same as actually paying in sats.

This is pretty much how we started and are still doing in many places as we travel.
I'm not too fussed about the purity test. From my perspective if I can pay via my Lightning or Bitcoin wallets, I'm a happy camper.

I can convince myself it isn't too bad by simply pretending they got the sats and decided to sell them immediately. And if they really did that, I wouldn't be bothered unless I had a better option to support a merchant I knew who'd keep his stash in sats.

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Good points. You've inspired me to try a little harder to pay for things with sats here.

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52 sats \ 1 reply \ @Car 14 Apr

What is your favorite taco? and/or family meal to eat with others?

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Good question. My taco exposure is limited as we don't spend much time in taco countries.

I still recall an awesome fish taco I got from some cart as we were traveling through Portland, somewhere around 2012?

We love pinxos with a nice, easygoing red wine such as a Crianza or alike. Makes for great sharing too.

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What steak juicyness do you order and how expensive it's in your area?

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Medium rare, ie. left most pic.

About a month ago, at our favorite local place, Turn n Tender, my wife and I had a steak each, shared some sides, and a few drinks.
It cost us just shy of 63k sats (tips included).

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atm it's about $50 for two cooked steaks, if it's true it really sounds shy. Because at the local supermarket it's hard to find seasoned ribeye for this price

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Not sure where you're located. In South Africa that price is fairly typical for decent quality.

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Salary can't catch up the inflation

Anyway best wishes.

Hope one day steaks will be priced in hundreds sats not thousands

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43 sats \ 1 reply \ @Car 14 Apr

What’s the hardest thing for you to accomplish with the lightning network right now and is there anything you wish builders would focus on?

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Self-custodial Lightning without us being in a fixed location where I can plonk down a computer as node.

I wish there were good, affordable, non-kyc hosted solutions in jurisdictions where I don't have to worry about it being back-doored from the word go.

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52 sats \ 1 reply \ @anon 14 Apr

What’s your Favourite non-KYC Fiat card?

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As in gift card?
Prolly any one of the many Bitrefill options, use it with a throaway/anon email address.

My fav used to be a voucher for a gas station (Engen) in South Africa.
Now that MoneyBadger works at many gas stations, including Engen, I prefer using them.

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52 sats \ 1 reply \ @Car 14 Apr

Do you see yourself using stable coins in the future? especially if
that is the only thing that was accepted?

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If they were the only option, I would consider using them for that transaction only as long as they a) aren't programmable and I can get them via b) decentralized, c) non-kyc means.

Those three items are non-negotiable for me.

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Would you say that you use on chain or lightning more?

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Lightning wins by volume. Easily.
As for total value, it might actually be close. Even slightly bigger ticket items tend to happen on chain more often than not.

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Hard boiled

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