Exactly! Even your disposable fiat income can be swapped to BTC. All you need is to be able to instantly liquidate it in your daily life.
So basically: a Bitcoin debit card + a direct bridge with your bank for rent payments and other transfers. Both of which we already provide for Europeans.
Bottom line is - there’s no need to hold ANY euros anymore. Which also means that we lower the entry barrier to stack for those that have little to no savings.
Are you at nostr:npub1w2eget49s60cyeznumcmqczk0xkmhz24ajqgzfyfrugdfl4mz7ns7rpmgp today? Let’s meet up 🤝
🔥 Europe’s Bitcoiners – it’s game time.
We're giving away 210,000 sats this August in the Battle of the Bitcoin Nations 🇪🇺
Rep your country by paying with wavecard® — the more TXs, the bigger your share!
Read more: https://www.wave.space/blog/the-battle-of-the-bitcoin-nations-210-000-sats-prize-pool
🏆 LEADERBOARD UPDATE
We're giving away 210K sats! All you need to do is use your wavecard like you normally would – at home, on holidays, or wherever your Bitcoin journey takes you. The country with the most wavecard transactions wins, and its users split the sats based on their card activity!
TOP 5:
1. Netherlands - 99 TXs
2. Germany - 74
3. Italy - 47
4. Lithuania - 42
5. Czechia - 34
🔥 Europe’s Bitcoiners – it’s game time.
We're giving away 210,000 sats this August in the Battle of the Bitcoin Nations 🇪🇺
Rep your country by paying with wavecard® — the more TXs, the bigger your share!
Read more: https://www.wave.space/blog/the-battle-of-the-bitcoin-nations-210-000-sats-prize-pool
Maybe a contender for 4-5th spot, but with a spread of around 2% is not among the cheapest for sure.
Not your keys, not your Bitcoin!
Still buying & holding BTC on custodial exchanges like Kraken, Coinbase or Binance? Time to level up. 🟠
We reviewed the TOP 5 EU brokers that let you buy Bitcoin straight into your own self-custody: https://www.wave.space/blog/top-5-bitcoin-exchanges-in-the-eu-to-buy-btc-into-self-custody
Not yet. At the moment the closest option is to add it on your mobile wallet for contactless payments
Fair enough
When the merchant doesn't accept BTC directly, but you still spend your sats with the wavecard:
https://blossom.primal.net/81327a025dd3d14b5aa0d3c2096439585df5a164b0a387303b6758b284b76a6b.mp4
Thank you for your kind words! We're on a mission to enable more "Zero-Euro Bitcoiners".
There's no need to hold any euros, when you can pay with Bitcoin anywhere, even if shops don't accept it directly yet!
What does it take to live on Bitcoin in Europe today?
What do I do if friends or merchants do not accept my BTC directly?
In this presentation at FREE Madeira meet-up last month, Eivydas discussed the monetary situation in Europe, the role of Bitcoin, and how Europeans can leverage already existing interconnectedness with payment rails, to live on Bitcoin in the world that still operates in fiat.
Bitcoin’s value is like time - both inevitably advance in one direction.
Yet time flows at a relatively steady pace, while Bitcoin is much more fluid.
On days like this, I wish Bitcoin stayed cheaper for longer. Because those of us living on Bitcoin convert our productivity into sats - and today, I earned fewer of them 🤷.
#selfish #cheaperforlonger
That’s a very comprehensive response, thanks! The main idea for our Bitcoin card is that you would be able to hold BTC until the last possible second, and also with self-custody in mind (powered by NWC). Indeed, if you still have fiat, I’d say the rational priority is to spend that over “hard” money. But for those that want to already live on Bitcoin, and allocate their disposable income (which is still on average a rational choice even if you spend it the same month) such solution as wavecard solves the instant liquidation peoblem in all of those cases where merchants do not accept BTC directly.
Answers to your questions:
1. Conversion fees refer to BTC -> EUR conversion when paying with the card - that’s 1% for us in revenue. On top of that, the BTC price itself might be up to 0.5% worse than you would get on other exchanges as a mid-market rate. This is the same price we get from our liquidity providers, and we just pass it on at cost. Besides that, there are no other fees, and we do not charge any FX fees. Meaning that you fan freely pay in any fiat currency globally, and will still end up losing max 1.5% from your BTC in self-custody to a burger in your hands.
2. We can accept EEA citizens OR residents. If you apply as a citizen, then you only need an ID and selfie. If you do not have EEA citizenship, then EEA proof of address is accepted instead.
3. Third-party IBAN transfers are not allowed yet, but we’re working on it.
4. Yes, you can easily freeze your card, add limits or control contactless payments specifically. Like a normal VISA card
What card do you use for 1.2% total, if I may ask? Does it also not have any FX fees while travelling?
GM! Great words to start the day 🙌
Some argue that Bitcoin is like an IQ test, but it’s much more of an EGO test.
It’s never too late, anon.
Exit the ponzi. Live on Bitcoin.
Potentially, but we do not have any concrete timelines for that. Would need to find a licensed partner in other jurisdictions for issuing debit cards.
Very motivating to hear this! And we have so much more planned for the wavecard, as well as for the whole self-custodial Bitcoin banking experience 🙌
With wavespace:
1. There’s no need to hold Euros anymore
2. There’s no need to hold BTC on exchanges.
How to spend BTC from self-custody if merchants do not accept it directly?🤔
Here's a short demo of our NWC-enabled wavecard - a Bitcoin debit card that spends your self-custodial BTC across 150M+ shops globally!
🟠 Hold your BTC until the last possible second!
nostr:nprofile1qyv8wumn8ghj7er99ec82unsd3jhyetvv9ujucm0d5q3camnwvaz7tmvw4hxx6rzdauzuumpdej8w6trdqhxvctjd5qzqueqr3jfu5ndnm4u4yfkn65wq97phl06jclc9ezyzrkkdakufflddksvvj + nostr:nprofile1qyt8wumn8ghj7etyv4hzumn0wd68ytnvv9hxgtcppemhxue69uhkummn9ekx7mp0qqsyv47lazt9h6ycp2fsw270khje5egjgsrdkrupjg27u796g7f5k0s0pfy4z = 🧡
When we eventually ship physical cards, we will make sure they are properly branded 👍