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163 sats \ 2 replies \ @DarthCoin 5 Sep \ parent \ on: Property management built on Bitcoin bitcoin
Please watch this short video about how we can start the bitcoin circular economy.
https://www.youtube.com/watch?v=GquPdAFQ40U
I pay my rent where I live rn, in BTC, P2P, wallet to wallet, every month.
Yes, the contract was made in in fiat value, but I pay it ate the exchange rate at the payment day, in sats, directly to the owner.
In time, we could make a new contract expressed directly in sats, no matter how much will be the exchange rate. But for the moment the owner is just a newbie, learning and start accumulating from my sats.
Important is that every new bitcoin user will start being paid in BTC not buying from an exchange. Once they get a certain amount, they will start also spending in sats, slowly and so on... This is a long process that start with moving away from the fiat mindset and slowly start thinking ONLY in sats.
I pay my rent where I live rn, in BTC, P2P, wallet to wallet, every month.
This is impressive, congrats being able to organize in this way.
- Did you know the owner before or how you were able to build such trust with him/her?
- Did you provide the bond in BTC, maybe with a Multisig transaction ?
- How are you paying the bills? I assume you are paying it in BTC as well, you compensate the landowner directly or use an external service?
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Yes, in the beginning they didn't accept BTC, but then talking and became friends, I was bringing the subject on the table and were interested. Now they love it.
I negotiate to pay the electricity included, with sats.
All my groceries are paid also in BTC to a local shop or online.
I still have some other expenses that I cannot pay directly in sats, but I manage with a friend to give him sats and he pays my other bills in fiat. In this way I will help him stacking sats and not using any fiat bank account anymore,
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