I wanted to create this thread for the cryptocurrency community to learn how to unbank ourselves using cryptocurrency. Real examples of living with cash and crypto is welcomed along with suggestions, new methods, hypothetical methods. It's important we share this info to empower the community to adopt alternative finance.
How do you send money using crypto? How do you pay your rent, bills, utilities groceries using crypto? Go!
You must understand that cryptocurrency has similarities with banks,crypto works like banks just that it takes the control away from the banks,by taking the ledger away from one person(centralised) and shifting it to a blockchain that is verified by everyone(decentralised)
Wallets are crypto banks while wallet addresses are what bank account numbers are to the centralized system
So before an exchange of cryptocurrency can occur,the sender must be privy to your wallet address,just as one cannot send money to you without your bank account number
It's an easier,faster,safer,more convenient means though