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0 sats \ 18 replies \ @DarthCoin 5 Aug 2023 \ on: Xapo Bank: a pro bitcoin bank that supports lightning network bitcoin
- I used xapo in 2015-2016 as they launched their wallet and visa card. Was ok for a while and in emergency cases. But NOT as a regular service. Really expensive and also deceiveing. In the end is NOT bitcoin adoption, just a prolonging life for using fiat.
- Don't fall for these banks that only want to fool you to keep using fiat, aka "give me your sats and will give you a nice visa card to keep paying merchants in fiat". It's a fucking trap.
- In the end is a fucking custodial bank. Fuck them.
https://imgprxy.stacker.news/dzIF215lq7u8y7_TLRZkXZ55-k9fxGct1BGUeG5ZhfY/rs:fit:600:500:0/g:no/aHR0cHM6Ly9pLnBvc3RpbWcuY2MvWllDMlFTRkMvYnRjLXZpc2EucG5n
1- Not bitcoin adoption? Do you use any bank? If yes, do you prefer a bank that is pro bitcoin or one that is not? How is not bitcoin adoption for people that still need dollar but can gain yield in sats on dollar deposits and when using the card?
2- You don't need to deposit sats, I don't recommend it. It's a bank account for people that are pro bitcoin but still need dollars.
3- Yes, it's a bank and I'm sure many bitcoiners still have a bank account. The question is: A bitcoiner should use a pro bitcoin bank or a bank that dislike bitcoin?
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No. I closed all my bank accounts in 2018. Living on bitcoin standard.
Earn, spend, hold only BTC.
I stopped using fiat.
Bitcoin or death.
"Earning yeld" is such a shitcoining mindset...
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Congratulations, how do you pay in places that do not support bitcoin? And you should know that not all people can still yet live without dollars.
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You can buy prepaid visa cards, amazon giftcards and a bunch of others with BTC in "The Bitcoin Company" app, for example.
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I used the services of this The Bitcoin Company and I had very bad experience. But as I said, I still can't live with only bitcoin yet. So Xapo it's for these kind of bitcoiners.
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That bitcoin compamy should be renamed the visa company or fiat company.
A company that push you back to using fiat is NOT a bitcoin company.
It's a shame.
Using bitcoin means PAYING the merchant with btc not shitcoin fiat or gift cards
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I see them as transitional companies, It help people to transition.
What's your proposed solution to interacting by fiat merchants?
Also "did you read my guides?" blog-spam to doesn't help the conversation.
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Is not a random bullshit blog.
My substack is bitcoin only guides.
You don't want to read them? So be it...
My guides are for those who want to learn not for ignorants.
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also you didn't respond OP question.
oh I get it now you are the micro-celeb that made 0,005 btc on some news site, we may as well stop discussing interesting topics an go read a blog.
I think I stumbled upon 1 or 2 of your articles, you are not an original thinker to me as you may believe.
How you use substack and not Habla.news?
So I went to this magical blog of this guy.
In one of his guides he actually recommend TBC as a valid option (!).
But the the main solution proposed there is to ship yourself inside a Cargo Shipping Container to El Salvador to live there. Yeah for real.
Be careful who you take advice from.
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Yeah taking out of context what you want.
Listing is not recommending.
Also in thd article it sats clearly the warning that I do not rrvommend these crsp cards.
So stfu troll.
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You recommended some material, I went and read it.
Still blog-spam.
No quality content there.
You call me troll I call you a self-promoting narcissist that has nothing to add to the conversation.
Your blog is a mix of bad advice and topics explored by twitter bitcoiners for years.
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