This summer has been great i literally have been living off of BTC. I'm a program coordinator i work for public schools so we dont work ini the summer. I was able to buy food buy clothes and just today get limited liability insurance without working this summer lol. Course i had to trade them for usd but i cant wait for the day where we pay everything with BTC. I never would've thought in a million years lol
So you are saying that you didn't really live off bitcoins?
If you need to sell them first, what good are they at spending?
I don't think we are quite at the point yet when someone can actually live on bitcoin without first converting it to fiat first (or gift cards as this is really the same thing). The forbes reporter was able to have a much easier time living off bitcoin this year then she did last year so the bitcoin based economy is improving. I would predict that someone could use bitcoin for all of his expenses including things like rent and doctors visits (both are very rare to be paid for in BTC now) over several months within 2 years.