My approach is more of a ‘fiat diet’ - gradually reducing reliance on fiat without going all in at once. I’ve got responsibilities for others, so I play it safe. I split my expenses into buckets: critical, quality of life, and personal. The less urgent, the more I use Bitcoin. Slowly transitioning gives you flexibility, and you can keep some fiat for emergencies while using Bitcoin for the rest. Start small and build up.
I’m intrigued by the idea of switching to a #Bitcoin standard, at least in part. I say “in part” because my wife is unlikely to let me switch all our finances over to operating internally in Bitcoin so I’m going to have to do this with my toy money account. She’s coming around to the orange way of doing things, but it’s going to take some time.
Has anyone else done this and what has been your experience with it?
What have you learned from it?
Would you do something different if you had to do it again?
nostr:npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev if you haven’t done a podcast on this idea yet, it might be interesting to do one.