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Author Topic: Living off of Bitcoins  (Read 1497 times)
DeezBTC (OP)
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August 11, 2014, 06:21:00 PM
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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

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Bitcoinbikers
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August 11, 2014, 06:23:50 PM
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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

You could just live off the btc though, you had to convert to fiat first, you couldn't just spend the btc as is  Embarrassed

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August 11, 2014, 06:26:21 PM
 #3

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

There are quite a few sites accepting bitcoin for food, clothes etc. You should check out www.thebitcoinpage.com. It has a huge list of websites that accept btc (and they keep updating it).
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August 11, 2014, 06:26:49 PM
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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

You could just live off the btc though, you had to convert to fiat first, you couldn't just spend the btc as is  Embarrassed

Good luck finding a landlord outside of NY who takes them currently

DeezBTC (OP)
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August 11, 2014, 06:31:09 PM
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Thx for the info guys i will check those sites out

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August 11, 2014, 06:52:19 PM
 #6

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

There are quite a few sites accepting bitcoin for food, clothes etc. You should check out www.thebitcoinpage.com. It has a huge list of websites that accept btc (and they keep updating it).

nice page, all at one place Smiley
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August 11, 2014, 06:54:21 PM
 #7

Well if you have to trade bitcoins for usd then you don't actully "live off" of bitcoins right?
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August 11, 2014, 07:01:08 PM
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Well if you have to trade bitcoins for usd then you don't actully "live off" of bitcoins right?

Yes. this is why my friends dont give a fuck about it. "Oh so you have to BUY btc, then convert back to fiat", pretty dumb imo. Plus paying with something that may be x10 more valuable in 10 years? I dont see it. Wouldn't you rather pay in cash?
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August 11, 2014, 07:04:26 PM
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Well if you have to trade bitcoins for usd then you don't actully "live off" of bitcoins right?

Yes. this is why my friends dont give a fuck about it. "Oh so you have to BUY btc, then convert back to fiat", pretty dumb imo. Plus paying with something that may be x10 more valuable in 10 years? I dont see it. Wouldn't you rather pay in cash?

It is fun to gamble and trade with though  Roll Eyes
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August 11, 2014, 07:06:17 PM
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Must be a really great feeling to know you are financially able to do this without having to work to be able to Smiley I can imagine it would get pretty boring after a while thought with no work? Would you consider doing this and working as well if not working got too boring?
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August 11, 2014, 07:13:17 PM
 #11

Good for you and glad you had such a positive experience with Bitcoin this summer.  Being a teacher I assume your not rich and the fact that you appreciate Bitcoin after this experiment speaks volumes about how beneficial Bitcoin can be to the average person.  I hope your not spending all of the coins and have a few for the future.   Wink 
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August 11, 2014, 07:48:09 PM
 #12

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

There are quite a few sites accepting bitcoin for food, clothes etc. You should check out www.thebitcoinpage.com. It has a huge list of websites that accept btc (and they keep updating it).

Thank you for this info, it's great to see this list.
Bitcoin is really becoming mainstream and very soon we will live very well from our Bitcoin we collect now Smiley

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August 11, 2014, 07:49:31 PM
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I hope that in the future we can pay in allmost any store... That would be nice  Smiley
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August 11, 2014, 08:09:38 PM
 #14

Awesome to see someone doing this. I wish I was able to but at the moment I have too many bills so fiat is my currency at least for the foreseeable future.

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August 11, 2014, 10:29:55 PM
 #15

I have been doing this for the last 3months.  Using livingroomofsathoshi.com I can pay all my bills, including rent via bpay.  Day to day is just put on credit card and again, using BTC to pay it off.
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August 12, 2014, 12:17:19 AM
 #16

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
There was a story about a reporter from Forbes that tried this last year (she did a follow up by doing it again this summer). IIRC she had a much easier time this year, but still had to convert a lot of her BTC to fiat by paying people BTC in exchange for paying her share of things (like transportation, meals, ect). She also used gyft pretty heavily. I would be interested to see a story about someone who is able to buy everything with bitcoin over some amount of time and not have to do things like the above.

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August 12, 2014, 01:18:27 AM
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BTC is the next USD. Just watch. Good job OP.
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August 12, 2014, 01:51:45 AM
 #18

But how have you been living off it?
Just trading or programming?
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August 12, 2014, 02:19:59 AM
 #19

But how have you been living off it?
Just trading or programming?
I am curious as well. Are you paid by BTC? If so, you can say to live off of it half way.
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August 12, 2014, 02:27:21 AM
 #20

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?

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