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been living on sats for a little bit now. it's incredible.

bitcoin is the best expression of fiat debasement. why doesnt everyone do this?

if we build a good enough experience to enable living on bitcoin, can we spark a Boston Tea Party type movement?

I may be stating the obvious but not everyone knows the Elevator Speech on what Jack is doing. Strike allows you to Direct Deposit, Wire Transfers, and then you can link YOUR (doesn't have to be Strike special) Debit Card to Strike and so no matter where Visa/Debit Card (not credit) is used the currency is converted from FIAT to Bitcoin(at Strike) and back to FIAT? No need to wait for merchants to become Bitcoin Ready or whatever it is called? https://jimmymow.medium.com/strike-upgrades-direct-deposit-wires-cards-and-more-6f1f1721fa21

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Discussion

Liberty Farmer 2y ago

I suppose this is a great thing for small amounts. However if you are relying on strike to hold 'your bitcoin' , you might as well just keep your money at a normal bank and use a debit card.

An advantage could be I suppose if you keep all of your bitcoin in a self hosted wallet, then transfer amounts to strike as needed, spend on the debit card, then send back out any leftover or not?

Mark Camper 2y ago

Wait "back to fiat" with the linked card?

ie having some hot wallet balance in btc on strike with a linked card, and being able to pay USD bills with it in your daily life?

afaik, that's not possible yet; or am I incorrect?