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yeponlyone (OP)
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November 12, 2014, 08:08:55 PM
 #21
Quote from: LiteCoinGuy on November 12, 2014, 11:05:23 AM
good and free advertising for bitcoin.

Exactly.

Quote from: exoton on November 12, 2014, 01:08:47 AM
Quote from: yeponlyone on November 11, 2014, 08:17:43 PM
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

Would you happen to have a link for this experiment? Thanks
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November 12, 2014, 10:00:25 PM
 #22
Quote from: RodeoX on November 11, 2014, 08:20:57 PM
A lot of people have similar projects. It get's easier all the time.

http://lifeonbitcoin.com/

Making every effort to live on nothing but BTC...then at the bottom of their homepage, they are selling t-shirts and digital downloads...asking for, get this...Fiat...oyy...
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November 12, 2014, 10:18:34 PM
 #23
If you're allowed to exchange BTC for cash fiat (as seems to be the case here), no problem at all.
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November 12, 2014, 10:29:57 PM
 #24
Quote from: RodeoX on November 11, 2014, 08:20:57 PM
A lot of people have similar projects. It get's easier all the time.

http://lifeonbitcoin.com/

life on bitcoin lol they are making money on marketing creating t-shirts from cheap cloth and use a miserable dye to print that logos in a fashion of australopithecus
yeponlyone (OP)
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November 13, 2014, 06:22:06 PM
 #25
Quote from: rebuilder on November 12, 2014, 10:18:34 PM
If you're allowed to exchange BTC for cash fiat (as seems to be the case here), no problem at all.

I think what people should strive for when they say they will live on bitcoin is to use bitcoin 100%. Not exchange to USD and spend that.
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November 13, 2014, 09:18:53 PM
 #26
Quote from: segvec on November 12, 2014, 02:46:12 AM
One can survive on BTC with ease if they use their brain.
It's that simple.  Wink

Yes, one person can survive, but 7+ billions of people all over the world can't... 21 milions of units are simply not enough  Sad
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November 13, 2014, 09:20:40 PM
 #27
I wouldn't mind doing this, but I have to liquidate to pay rent, bills, gas and groceries. And if there was a service that handled this for me then they'd just liquidate my bitcoin too. Which sortof cheapens the attempt.
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November 14, 2014, 05:43:53 AM
 #28
Quote from: El Emperador on November 13, 2014, 09:18:53 PM
Yes, one person can survive, but 7+ billions of people all over the world can't... 21 milions of units are simply not enough  Sad

Well, it would be difficult for the entire world to operate solely upon 21 million currency units, yes.

Good thing Bitcoin has 2.1 quadrillion currency units.
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November 14, 2014, 05:47:47 AM
 #29
Looks like there are still some kinks to work out unfortunately.
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November 14, 2014, 08:04:56 AM
 #30
awesome  - not exactly living the high life lol - but hopefully this is a step to making it easier in the future!
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November 14, 2014, 04:44:21 PM
 #31
Not very soon...BUT sooner than most people think  Cool
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November 17, 2014, 03:35:37 AM
 #32
Quote from: Bitcoinpro on November 12, 2014, 03:44:22 AM
Quote from: TinaK on November 12, 2014, 03:42:00 AM
Quote from: segvec on November 12, 2014, 02:46:12 AM
One can survive on BTC with ease if they use their brain.
It's that simple.  Wink
But you still need to replace bitcoin to local fiat

nope

Depend on which country you're attempting it.Such thing would be impossible to do in my country.
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November 17, 2014, 09:16:05 AM
 #33
Quote from: Snipe85 on November 12, 2014, 03:45:48 AM
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.

Depends greatly on where you are - US, Europe, somewhere else.
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November 17, 2014, 01:59:16 PM
 #34
Yes in some country fee for exchange BTC -> Fiat is still big.
And no local merchant accept bitcoin , so they must exchange to fiat first.
This maybe cause some people who lived in some country which bitcoin is not famous like US , Europe feel not interested use this currency.
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November 17, 2014, 06:49:08 PM
 #35
I've seen this attempted a few times now. Cudos to them.
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