There will be a period where we have to convert some small amounts of Bitcoin into fiat, for whatever reason (illness, hospital payments, inheritance, etc) to those who will not accept bitcoin. The on/off ramp conversion is where I hope to find clarification. It is hard to find banks who accept exchanges, or exchanges who are connected to banks. nostr:note13yvrc3qc0djexmc6sdkx52fz03qjetpr7hnvvs6ufgp6gnzy6jtqdnfj3s
Discussion
Free people will do business with other free people. We won’t need to convert to fiat.
Bitcoin is simultaneously the on ramp to a system of truth / freedom and serving as an off ramp from the traditional banking system
If the goods or services won’t accept bitcoin directly and you have to convert to fiat then you can sell it to an individual (ex: robosats), sell it on a exchange (ex: Coinbase), convert it on a service (ex: Strike), or borrow fiat against it (ex: nexo).
Exactly. It’s not as hard as you think to live on a ₿itcoin standard. And each passing day it gets easier.