Post
Topic
Board Bitcoin Discussion
Re: Bitcoin Beggar experiment
by
tread93
on 01/08/2025, 03:05:17 UTC
I want to share an interesting experiment conducted by a YouTuber.
https://www.youtube.com/watch?v=DfDWubdqU5I
He went to Madeira a Portuguese island and autonomous region of Portugal , which, alongside the Swiss city of Lugano, is known as a place where Bitcoin is widely accepted and used as a means of exchange.

He decided to live in Madeira and pay exclusively with Bitcoin. Every time, he scanned the QR code Bitcoin wallet to make payments. Then, he shared that QR code on social media platforms like Twitter and Nostr, where people sent him Bitcoin donations as support and  paying bills.

This experiment perfectly demonstrates Bitcoin’s power as a truly censorship-resistant and borderless form of money. It shows how Bitcoin enables real financial sovereignty in everyday life, allowing individuals to transact freely and receive direct support from the community

Have you ever tried using Bitcoin exclusively for your daily expenses What challenges and benefits did you experience?

Honestly, this person probably gets more money in bitcoin rather than if he was actually begging for real money. Idk I feel like some people would respect the hustle, especially those who have a bountiful crypto portfolio but it could just as easily go the other way around. It depends on the person/giver. This bitcoin begger is a smart begger. Smartest begger I've seen yet. I always try to help the homeless when I can, but im sorry you're not getting MY sats!!! The biggest tip I'd give him is to tell him to work for his bitcoin 😉