Was having a discussion with someone getting who is getting into BTC the other day about the 'living on crypto' movement.
Mostly about the people who want to get paid in BTC / crypto and only spend BTC / crypto staying away from banks.
We went around and around for a while as to where his line was vs. mine. And it does bring up some interesting points. If you are getting paid in BTC and send it to BitPay / Con base and convert it to their debit card and spend from there are you 'living on crypto'? How about Bitrefill and other places you can get gift cards from BTC / crypto?
Was an interesting discussion as to where we stood. And was just wondering how everyone else thinks.
Gift cards? Debit cards? Get paid in BTC and convert to USD (or whatever) and put into your bank?
-Dave
Living on crypto is not applicable for everyone. Maybe only a small percentage of it since it allows us to earn more than enough to what we need. Considering the volatility of the market, it could crash anytime just like what happened a few months ago. Moreover, cryptocurrency is not considered a legal tender especially here in my country so I still need to convert it to fiat currency to buy goods and services.