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Re: Earning a living with bitcoin?
by
tyz
on 20/03/2016, 14:13:26 UTC
Well, it depends from which country/region in Asia you are coming. In Japan, Taiwan, South Korea and some regions in China, it is hard to live with 1 Bitcoin. In other countries (India, South-East-Asia) it is much easier to make a good living by earning Bitcoin.

anything is possible, so yes. bitcoin is a digital currency. We can earn it online, we can spend it online, even we can convert it to fiat money online. I am earning a living with bitcoin and I am from a country where bitcoin is still a mystery.

How do you earn a living? is it really sufficient?
No. How can it be? The price is not set, so the amount you make at any given time is not the same. So you can not rely on that.
One week you can be making $100 the next $80. Your bills not change, so you can not set a limit of how much you can make.

I guess it's far easier for people living in asian countries to make a good living with bitcoin. Since they can pay their rent with 1 bitcoin.
For the EU or US you can hardy buy all your groceries with bitcoin. If i would have the chance i would do it btw.
Hotels are 0.03 bitcoin a day in some asian coutries, you could live as a tourist there with 1 bitcoin. Its possible to live of bitcoin, it depends how much bitcoin you get, lifestyle and location.


Yeah I'm agree with your statement that living bitcoin in asian is easy and much enough earnings if Asian people who get one bitcoin during a month.  But to rent a hotel with 0.03 will get a standart room not not exclusive five star hotel. But in my opinion with that 0.03 BTC was get nice room and proper room to occupy for a while.

I am an Asian and what you are saying is completely false, it is not at all possible to live with the income of 1 btc, just check the inflation rate and you will get the exact idea.