Ninjastic
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Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Elwar
on 07/06/2016, 01:24:47 UTC
Quote from: StraightAArdvark on June 06, 2016, 07:02:47 PM
Quote from: Elwar on June 06, 2016, 06:51:07 PM
Quote from: Assmaster2000 on June 06, 2016, 05:58:25 PM
Quote from: Elwar on June 06, 2016, 05:51:33 PM
Sold my house this week. My mortgage was the last thing requiring me to have a bank account. Last mont my landlord started taking bitcoins for rent. He is happy.

So all this time you've been telling us your landlord accepts BTC, you were just lying? And I trusted you... Cry

I paid my rent in bitcoin. Bitwa.la allows you to send a SEPA transfer. He was ok with that. Now it's direct.

Let me understand this. You convert your paycheck from the US army into bitcoins via BitWage, and then you use Bitwa.la to pay your landlord via a SEPA transfer. BitWage charges you a fee, Bitwa.la charges you a fee, and the SEPA itself is a bank service. So you've added 3 middlemen, fees, and ridiculous complications for what us Luddites do via a seamless p2p cash-in-hand, 0-fee exchange Roll Eyes

Why do I feel you're playing me? Other than you never mentioning that you were paying off the filthy fiat loan you got from bankster j00z to buy a house?

BitWage charges 1%. Biwala charges 1%.

I am paid in dollars. My rent is in euros. The exchange fee the guys at work pay is 4 to 5 percent.

Plus bitcoin is my main currency. It is made to gain value over time as opposed to federal reserve notes which are built with the purpose of losing value over time. Losing 1% up front does not keep me up at night.