Nostr

difficult. Over the last decade I've only paid my rent in Bitcoin once and that only lasted until the landlord changed his mind again. The better solution is several (online) bank accounts preferably in several countries.

YunusAtSea⚡️🌊 1y ago

What do you think about the incoming Strike service which allows for bill payments from btc? I wonder if it will allow a similar service in reverse 🤔 do you think it's a game changer or just the natural progression for them towards a kyc bitcoin bank? If the latter, do you think this is a positive or negative trend. I know in the early days Adam Back said that bitcoin banks will be somewhat inevitable, if my memory serves me right.

I'm undecided about this, in principle I am totally against KYC and I wish for the ideal world. But the realist in me thinks there is some inevitability to this KYC'd custodial model when you look out at the world... 🤷🏻‍♂️

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Discussion

beejay 1y ago

I have been buying bitrefill e-gift cards, and they don't ask for address phone #, etc. I use them to pay bills, not just for purchases online.

YunusAtSea⚡️🌊 1y ago

Interesting, how do you pay bills with gift cards?

beejay 1y ago

Visa or Mastercard gift cards act like regular debit cards.

YunusAtSea⚡️🌊 1y ago

Ooooohhhh right! That's cool, I hadn't realised you could buy such a generic gift card! And it's kyc-free?

beejay 1y ago

You can supply whatever info you want. They don't verify. Imo, that's as good.

SovereigntyQuest 1y ago

Recently met a guy who lives out of his hardware wallet. Involves USDC and a shitcoin but he sends the USDC to moneygram through some app and picks up the local currency cash anywhere in the world that he is. He's a BTC advocate but makes this exception in order to rid himself of banks.

Moneygram requires id so there's also that downside.

Talking about Africa/Asia so maybe different to USA/Europe.