Can You Actually Buy Anything With Bitcoin?

1 year ago
169

𝐋𝐞𝐚𝐫𝐧 𝐓𝐨 𝐁𝐮𝐲 𝐀𝐧𝐨𝐧𝐲𝐦𝐨𝐮𝐬 𝐁𝐢𝐭𝐜𝐨𝐢𝐧 𝐚𝐧𝐝 𝐂𝐨𝐢𝐧𝐉𝐨𝐢𝐧:
https://www.trader.university/courses/38824-the-ultimate-guide-to-bitcoin
Use the discount code YT99 to get the best price.

In this video, I discuss BTCMap.org, which allows you to find physical businesses worldwide that accept Bitcoin.

Open-source projects like this are very important in order to spur Bitcoin adoption and encourage a Bitcoin circular economy, where people are both earning BTC and spending BTC directly.

I suggest keeping your long-term BTC savings in cold storage.

Create a separate hot wallet on your phone that you can use for spending. Practice "spend and replace," and make sure to never do transactions between this hot wallet and your cold storage, for privacy reasons.

Also talk to business owners and tell them about the advantages of accepting Bitcoin, including being able to avoid 3% credit card transaction fees. Show them BTC Map, help them download the Muun wallet, and send them a few sats as a tip to get them started.

Even if you are not a developer or designer, this is an easy way to contribute to the growth of Bitcoin. You can also donate to BTC Map or volunteer to help them add businesses to their map.

Not investment advice! Consult a financial advisor.

BTC Map:
https://btcmap.org/
https://twitter.com/BTCMapDotOrg

Spending Bitcoin in El Salvador:
https://twitter.com/documentingbtc/status/1435326975120482306

Spending Bitcoin in Lugano:
https://twitter.com/BitcoinMagazine/status/1577000896172433408

Spending Bitcoin on Bitcoin Island:
https://www.reddit.com/r/Bitcoin/comments/xftykj/bitcoin_island_is_over_100_businesses_now/

History of e-commerce:
https://money.com/online-shopping-history-anniversary/

OpenStreetMap:
https://www.openstreetmap.org/

Jack Mallers’ Strike Integrating With World’s Largest PoS Providers To Enable Sovereign Payments With Bitcoin:
https://www.nasdaq.com/articles/jack-mallers-strike-integrating-with-worlds-largest-pos-providers-to-enable-sovereign

Why you should delete PayPal:
https://www.youtube.com/watch?v=Je748RNEnWc&ab_channel=TraderUniversity

Strike app:
https://strike.me/

Muun wallet:
https://muun.com/

IRS FAQ re crypto:
https://www.irs.gov/individuals/international-taxpayers/frequently-asked-questions-on-virtual-currency-transactions

Bitcoin tax exemption coming:
https://tax.thomsonreuters.com/news/bipartisan-senate-bill-to-regulate-cryptocurrencies-has-tax-implications/

I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos.

My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.

#bitcoin
#bitcoinnews

Disclaimer
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