Quote from: Paleus on October 30, 2019, 09:44:05 PM

Is it possible/an advantage to live off-grid with bitcoin?

What I mean by this is living on a rural property, perhaps running a full-node, completely independent from the existing fiat financial system. We want to remove our dependency of the banks and corrupt political establishment entirely.

Obviously, you would need electricity and a computer to run a node and connect to the network. Perhaps bitcoin is not well suited for rural lifestyle or off-grid?

It is very difficult to live in rural areas and use only cryptocurrency to make any purchases and pay for services. It seems to me that you cant do without the existing financial system. You will not find the full opportunity to pay for everything in cryptocurrency. It is still not so common for this. In any case, you will have to convert the cryptocurrency to fiat. Yes, I dont see the point of doing this. Regular currency is not so bad as to completely abandon it. However, try. After some time, I would like to hear how such an experiment ends. In my opinion, then you will appreciate the importance of the common currency in our lives.

Leyss

Posts

Merits