Nostr Web Client

I try to live a bitcoin standard.

I learned what I usually have to spend each month. I keep only that amount of btc in an exchange that offers a bitcoin backed credit card. I look up stores and services that accept bitcoin and use this services and stores mainly. Bitrefill and TheBitcoinApp are used excessively. I pay insurances and taxes in fiat as I have to.

So: Yes, yes, yes, yes, yes.

Key for me was just good knowledge about my reoccurring payments and spending habits.

Code & Psychology ⚡️ 2y ago

Thanks!

So you also have your daily spending in btc. Cool! 🤜🤛

How long have you been doing this? How much does the volatility affected you on average during this period?

Reply to this note

Please Login to reply.

Discussion

Anti Spasti 2y ago

Around 5 month.

Volatility is a major factor. In theory I spend less in bear market and try to buy in bulk and in advance in bull market.

So currently I try to spend less. As soon as bitcoin goes ~ above 40k I e.g. buy a whole cow and a whole pig and put them in the freezer. Same for rent. I aim at paying my rent 2-3 years in advance when bitcoin price in Dollar is ‚high‘.

Highly interested in how others do it.