Post
Topic
Board Bitcoin Discussion
Re: I recently convinced my employer to start paying me in BTC, it has been great
by
Abiky
on 30/11/2023, 17:07:48 UTC
How will you spend this bitcoin to buy grocery ? You still have to convert to local currency with extra fees. Unless, you are saving all the money , it does not make lot of sense.

That's the "multi-million dollar question". Unless the OP lives in a country that uses USD as its national currency, he would be out of luck. The only way would be to sell BTC for Fiat through a P2P exchange, hoping someone makes the transaction. It's easy enough to pay for everything using BTC if the country you're living into has adopted it as legal tender. People in El Salvador and Central African Republic won't have any problems with this.

At least, the OP is off to a good start. Accumulating BTC is way better than accumulating Fiat. Who knows if someday BTC becomes the dominant force of the world economy? Cheesy