For those who haven’t seen, AT&T now accepts payment in Bitcoin through Bitbay.
https://www.engadget.com/2019/05/23/ATT-bitcoin-phone-bill-payments/
I use AT&T as my cell provider but I won’t be using Bitcoin to pay for several reasons.
The value I hold in cryptocurrency is an investment and not for spending
I don’t get paid in Bitcoin so concerting my fiat to BTC for payments is cumbersome.
I currently autopay my cellphone with a credit card that provides a one month float and 2% cash back each month.
Until these hurdles are overcome we will struggle with using crypto for basic life payments.
Posted using Partiko iOS
This is still great for adoption. For those that do earn BTC like myself are excited for this. As it is an investment, and I have my holdings for sure, at its base, it is still a currency and we need to use the stuff to gain adoption. I personally have a Bitpay and a Spend card so I can use the crypto I earn to make payments for things. Being a miner and having some masternodes, I would like to actually spend some of my earnings. Having a company like AT&T, which I also own stock in, accepting bills in BTC is a HUGE thing for the space. Just my 2 satoshis on the subject.
I agree with you completely. Do you earn BTC and other coins from mining and masternodes only or have you found a way to exchange your time for crypto instead of fiat? I would love to do some freelance work and get paid in crypto but I have had an opportunity to do so yet.
Posted using Partiko iOS
The goal is to be 100% earning crypto in the next 2 years. Right now I still have Corp job, but the money from that pays for my crypto investments, whether I buy mining equipment, paying electric, or buying coins. Working on building my portfolio with equipment and income generating staking coins. Working on building my steem game is part of it for sure! I have some plans...;) working my tail off for the next couple of years to build my empire, while using a corporate empire to pay for it, lol.
Posted using Partiko iOS
I am in the same boat as you. I'm staking XLM, TRX, BC, and running a SMARTnode. I dumped all my s-coin masternodes on the way down to zero. Thankfully, I sold all the MN rewards for them on the way up. I have been mining with 24 GPU's and 2 Antminer L3+ for about 2 years. A month ago I was thinking about shutting them off but now they are doing a little better -- nothing like they did in my first few months of mining. What are you staking / mining these days? Which projects do you think have the most potential?
Defended (10.64%)
Everything You Need To Know About Sneaky Ninja
woosh Summoned by @jmjury Sneaky Ninja supports @youarehope and @tarc with a percentage of all bids.
You got a 16.79% upvote from @brupvoter courtesy of @jmjury!
You got a 16.15% upvote from @spydo courtesy of @jmjury! We offer 100% Payout and Curation.
This post has received a 15.24 % upvote from @boomerang.
You got a 65.21% upvote from @mitsuko courtesy of @jmjury!