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 / Conbase 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
Quite frankly, I have never considered living on crypto as an option because I believe it is better for me more as an investment rather than spending it directly. You must already understand why the level of the volatility of Bitcoins price. Whatever you spent today as a direct BTC could be twice the price tomorrow even it could also be the other way round but I am of the opinion of not spending BTC directly.