Nostr Web Client

A question for nostr:nprofile1qyxhwumn8ghj7mn0wvhxcmmvqydhwumn8ghj7mn0wd68yttsw43zuum9d45hxmmv9ejx2asqyqlnlaadkwg4n3pvp2sk657qfqalh7k40hez4857jdj2xpn5r6ev7t32q08

I used Bull Bitcoin option to pay a (fiat) bill to an IBAN (Instant SEPA).

All worked super fast and smooth.

Usually I have a friend that pays my fiat bills, so I gave him my sats and he pay from his bank all my fiat bills. But now he went dry on fiat so couldn't do it for me. So I have to use Bull Bitcoin new feature.

My question is: how you guys operate these payments to fiat IBAN?

I am interested to know if my sats goes straight to "Saylor bags" or are kept in Bull Bitcoin bags until somebody else wanted to buy them?

Which scenario is used?

1. BullBitcoin take my sats and keep them in a reserve, not selling instantly on open market and they pay the fiat bill with BullBitcoin fiat reserves (or fiat from other users that want to buy BTC).

2. BullBitcoin take my sats and instantly selling them on open market

I would prefer to know that a new nocoiner is buying my sats from BullBitcoin and not going to "Saylor's bags" or other bullshit treasuries reserves.

ede3d957... 2mo ago 💬 2

If your selling for fiat instead pushing for adoption you are the problem.

Somewhere I read that you claim living on Bitcoin. Proxy buying is nice to survive in an oppressive regime but it doesn't do anything for real adoption.

So instead of using BULLBITCOIN asking this stupid question, you better drive adoption in your city and country.

So much waste of time by Bitcoiners.

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Discussion

DarthCoin ₿⚡️ 2mo ago

Did you really know how I live my own Bitcoin standard?

I pay all my groceries in sats directly to a local shop.

I pay rent for my home in sats, directly to the owner.

This time I had to pay a stupid repair bill in fiat. So my friend that is usually taking my sats and pay my bills didn't have enough fiat.

So I have to use Bull for that.

I am the living example of living on bitcoin standard. I don't even have a bank account from 2008! I closed them all.

So please don't lecture me how is to live on Bitcoin...

ede3d957... 2mo ago

I am really curious, as I am following the same path.

There are only very few people that are walking the talk. That's why I was shocked to see you asking this question.