Post
Topic
Board Bitcoin Discussion
Re: Who's brave/stupid enough to invest their life savings into Bitcoin?
by
Elwar
on 29/07/2014, 22:27:00 UTC
You don't need fiat to buy groceries at Whole Foods, Target and a bunch of restaurants.

http://www.gyft.com/buy-gift-cards/whole-foods-market/

I am aware I can buy gift cards to pay for stuff.

This isn't really living off bit coin though...I mean if I created some random currency people accepted and the only way they could cash them out was through Giftcards that were worth USD, I would say I am using USD to pay for the food. 

Plus if I am in a hurry from work, or just want to stop quickly, I don't have time for that sometimes...

The point is that you are able to live off of bitcoins.

The fact that Dell uses a third party to handle bitcoin transactions makes the bitcoin purchase no less useful to bitcoin holders than if you were sending directly to a Dell bitcoin address. Same with a gift card company handling your bitcoin transaction in the physical world.