Living on Bitcoin Alone! (CNN Money) What Do You Think?

[yeponlyone]

http://money.cnn.com/video/news/2014/11/09/24-hours-on-bitcoin.cnnmoney/?/video/news/2014/11/09/24-hours-on-bitcoin.cnnmoney

He came across a few struggles do to the fact that bitcoin isn't heavily adopted around us, yet, but still managed.

Wherever you are: would you think it is possible to "survive" one day, one week even, using nothing but bitcoin?

[RodeoX]

A lot of people have similar projects. It get's easier all the time.

http://lifeonbitcoin.com/

[yeponlyone]

A lot of people have similar projects. It get's easier all the time.

http://lifeonbitcoin.com/

Well of course it should, hopefully, get easier. This would mean merchant adoption is climbing (always a good thing for any currency)

Thanks for sharing the link, I'll take a look.

[pedrog]

I wounder how this little experiment will look like in 5 years...

[FUR11]

Well, it's merely a proof-of-concept project as of now, if you ask me! I also believe that Bitcoin isn't exactly made to be used to buy things in daily life. I guess it will more likely work as a means of payment on the Internet, a store of wealth, and to transmit money across a large distance, and/or foreign countries.

[Ron~Popeil]

Grocery and gasoline acceptance is the key. Basic needs then utilities. Converting to fiat via gift cards or debit cards is kind of cheating.

[BitCoinNutJob]

Not being able to use it at most shops doesnt really prove anything, what are people expecting?

[sobitcoin]

I wounder how this little experiment will look like in 5 years...

Right?  Cool idea, but i wish they would have concluded that "in a few years this might look a little different".  Also there's so many industry specific benefits. For example, I play online poker all day, and there is massive benefits that anyone can take advantage of, but I don't commute to work,so that video doesn't really apply to me. I think if some of these commercials focused on the utility it's already functioning well at, gambling, online purchases, international transfer, then people would be more open. Either way, publicity.

[shawshankinmate37927]

He came across a few struggles do to the fact that bitcoin isn't heavily adopted around us, yet, but still managed.

Kinda like trying to find a gas station for your automobile in the early 1900's.  I wonder how many people were saying, "Cars are useless because there aren't any gas stations."

[deluxeCITY]

I wounder how this little experiment will look like in 5 years...

Forbes did a similar experiment early last year and another one early this year. The comparison between the two experiments was crazy. (in the forbes experiments the author tried to live on bitcoin for a week). The author had a much easier time living on bitcoin the second time around then the first and when she asked people if they could take bitcoin many more people knew what she was talking about 

[exoton]

Wherever you are: would you think it is possible to "survive" one day, one week even, using nothing but bitcoin?

It is not difficult to survive for "one" day as it would be very easy to not have to buy anything for one day (you can easily go a day without eating, and can stay awake for 24 hours if you have to).

I would say a much better experiment would be the one that forbes did

[Flashman]

I think you can survive a at least a month on just one bitcoin at todays price.... presuming that survival food place is still around

[Bitcoinpro]

where is the CNN Moneys much purported Quantum computer

[TinaK]

One can survive on BTC with ease if they use their brain.
It's that simple. 

But you still need to replace bitcoin to local fiat

[Bitcoinpro]

One can survive on BTC with ease if they use their brain.
It's that simple. 

But you still need to replace bitcoin to local fiat

nope

[Snipe85]

Great idea but i think it's still to early. Living on bitcoin has to be painful these days with such small acceptance. Most people don't even know what bitcoin is.

[pedrog]

I wounder how this little experiment will look like in 5 years...

Forbes did a similar experiment early last year and another one early this year. The comparison between the two experiments was crazy. (in the forbes experiments the author tried to live on bitcoin for a week). The author had a much easier time living on bitcoin the second time around then the first and when she asked people if they could take bitcoin many more people knew what she was talking about 

You're talking about Kashmir Hill, yes, I followed the articles, the change was quite amazing.

[tzortz]

Soon we will all do the same.

[jabo38]

I think that video was awesome.  Yes, it is true that he struggled and is sucked, but he did it!  The beginning has started.

[LiteCoinGuy]

good and free advertising for bitcoin.