I’ve been thinking about this for a while now, how I can reasonably make it work.
There is nowhere near me that accepts bitcoin for anything. No services, groceries, clothing, nothing. I also don’t have access to Bullbitcoin or bill pay through Bitcoin Well, in America. The closest thing I have to it is Strike.
Strike lets you use your bitcoin balance to pay accounts linked through ACH. Problem is, they convert your BTC to fiat at the time of payment, charging you fee. You also will have to pay short term tax on any gains. My plan for now would be to use credit cards as much as possible, use the gained reward points to cover exchange fees, and just eat the taxes hoping they even out with any gains and losses eoy.
I’ll still need to use a bank account though to facilitate my direct deposit, and setup a weekly reoccurring purchase through Strike. If I use their direct deposit feature, they will charge me an exchange fee again. I will have to take advantage of their weekly reoccurring purchase to mitigate fees. It’s a ton of hoops to jump through but it will be worth it.