Anyone have experience with living on BTC standard as described by Jack Mallers?
Saw an interesting video he did where he describes how he uses Strike (naturally!) to convert paycheck to BTC, uses credit card for all expenses and then at month’s end he pays off the card using BTC from the Strike account. My question is what happens when you get paid in BTC but it dumps before the end of the month? The model seems great if BTC goes up and never down. Anyone have experience doing it this way (where the underlying thesis is BTC as a better store of value I suspect)?
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from Bitcoin - The Currency of the Internet https://ift.tt/QusqrHe
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