Post
Topic
Board Bitcoin Discussion
Re: How Many Bitcoiners are Mentally Ill?
by
Lauda
on 06/03/2015, 20:18:58 UTC
I'm curious if anyone has closed bank account for real and went all Bitcoin?

You can buy more and more things with Bitcoin but I still (for now).

Not a wise idea because many clients still pay with fiat and bitcoin is too volatile to invest all in.
Anyone who is paid in bitcoin would also be wise to convert half their paycheck at least into a stable fiat so they aren't forced to spend thier BTC on the dips.

It will take a few more years before one can begin to start to suggest this tactic as a wise financial decision.
Indeed. The conditions for this aren't really there yet. Maybe in a city where adoption is decent. You're right, in a few years, when rates stabilize more this could be done without major risks.
Again, this will be possible in the future and I'm looking forward to doing so myself.