VictoriaWernerI6J

Music

Hello everyone I'm looking for a debit card that can be topped up with bitcoin in the EU. I'm aware that this isn't the ideal way to spend bitcoin, but I still need to buy groceries. Up until now I have only found debit cards from shady crypto companies, so I'm hoping for a bitcoin only card.

Thanks in advance! 

I need a debit card for bitcoin

bitcoin

Kraken no longer supports Lightning withdrawals for German clients

CarolineCaseyBP3

I got in a 36 mile ride this morning.  It was cold, raining and the winds were blowing from the east at 25 MPH.  And I loved every bit of it.

Will probably get in another ride tomorrow if and when it does decide to stop raining.  

NixOS

Let's hear some of your latest Bitcoin purchases, feel free to include links to the shops or merchants you bought from too.

If you missed last week's thread, [here](https://stacker.news/items/256561) are some of the items stackers recently spent their sats on.

Spending Sunday - What Recent Bitcoin Purchases Have You Made?

The 5 Stackers you meet on Stacker News

DianeGallegosRGP

My main evidence is introspective, so perhaps not that useful. 

MSM definitely changed how I interact on SN in ways I think were toxic. 

**Pre-MSM**

- posted things when I had a cool idea 
- checked SN frequently, but not always every day
- zapped things I thought would do well or that caught my personal attention
- commented when I couldn't help myself (conversation was so interesting I just had to jump in)
- kept my total stacked hidden on my profile
- didn't really pay attention to how much other stackers stacked

**During MSM**
- posted every day, sometimes even when I had to stretch for content (even resorted to recycling some old content)
- checked SN at an unhealthy frequency
- zapped the top 10 or so "all-star" stackers whenever they posted without waiting to read their posts, somewhat often I never got around to reading them
- compelled myself to drop a comment on any thread a thought would be popular even if I didn't have anything that fruitful to say. 
- felt grumpy/suspicious about movements on the leaderboard - especially about the hidden stackers *do they really deserve that spot? I bet they are gaming it somehow.*

All in all, I didn't like how my use of SN was changed by the competition. Maybe I should have stronger principles or more self control or something, but I don't. 

I think I will return to my old way of using/enjoying SN, but it's gonna take a little rewiring of my brain. 

I totally agree with @grayruby that it could be a great once a year kind of thing. 

As I've said before though, SN is one of my favorite places on the internet with **and** without MSM. So don't take the above as criticism. I wrote it more as documentation of what was going on inside the mind of one stacker. 

6102 order gave people less than 30 days to surrender their gold

RodneyMarquez32T

Very well said. It's kind of a zen thing. You will orange pill more effectively when you're not trying to orange pill.

Stacker_Sports

My new coinjoin wallet is powered by nostr and built for a mobile-first world

RickyMorrisonOIR

![](https://images4.penguinrandomhouse.com/cover/9780593599730)

First time I read it, ninja-sword wielding pizza delivery guys called Deliverators didn't do it for me. This time around, I'm really digging it. 

What are you working on this week?

SueNguyenR4H

Strike is available in Germany and even supports Bolt12

christianity

My go-to setup right now is to buy bitcoins with Alipay via HodlHodl escrow.
Then if I need fiat, I sell via Peach and get Euros into my Wise app.
This lets me spend fiat when I go home to the US or if I need to send money (aka fiat) to someone. E.g., my grandma has been on a fixed income for decades and I've started sending her a few hundred dollars a month. This setup allows me to do that easier than if I wanted to send Chinese Yuan directly to her. 
I call my guy in China (actually I telegram chat him) and 5 min later I have my sats. 
Then it's as simple as sending some UTXOs to Peach for someone to buy with Euros. And Wise will help me send that home as USD.

Now, let's say you are a high-net-worth individual (HNWI) that wants to send millions or billions of dollars. Want to send $5 million from the US to your business counterpart in Japan? On a weekend? At night? On a bank holiday? You can do this for a few dollars. The fee would depend on network traffic and the number of [UTXOs](https://unchained.com/blog/what-is-a-utxo-bitcoin/).

In the transaction below the sender sent roughly $1 billion for the price of a coffee.
The transaction is visible [here](https://t.co/7zFzSRItFf) at blockchain.com
Here's the tweet about it:

> "112,027 BTC ($933,000,000 USD) transferred in a single transaction for the price of a cup of coffee (Tx fee = $3.89). #bitcoin <https://t.co/7zFzSRItFf>
 — Nejc Kodrič (@nejc_kodric) October 14, 2019"


Bitcoin is replacing an antiquated system. One where it requires bank tellers, forms, permission, working days, and wire fees to send money. Now you just need a cellphone with your bitcoin on it and a receiving address.
Sending remittances (sending money from one place to another) is a huge industry today. It's projected to reach almost a trillion dollars globally by 2026. [globalnewswire.com](https://www.globenewswire.com/news-release/2020/05/05/2027690/0/en/Remittance-Market-Size-to-Grow-930-44-Billion-Globally-by-2026-At-3-9-CAGR-AMR.html)

Yet [in 2011](https://www.cryptovantage.com/news/here-are-the-5-biggest-bitcoin-transactions-in-history/), only two years after Bitcoin was born, someone sent 500,000 bitcoins over the Bitcoin network. At the time, this represented $1 million dollars worth of value. But today that would be worth a cool $14 billion.


 
Bitcoin is especially king if you are sending money home to family. Remittances are a primary source of income for many countries. In Tonga, money received from family accounts for over 40% of their GDP. In El Salvador it's in the low 20s. [data.worldbank.org](https://data.worldbank.org/indicator/BX.TRF.PWKR.DT.GD.ZS?most_recent_value_desc=true)

And funnily enough, these are the types of countries--Tonga & El Salvador--that push for Bitcoin adoption. Why do you think that is? 

> El Salvador’s new bitcoin plan could cost money providers like Western Union and others $400 million a year, says President Bukele. [CNBC](https://www.cnbc.com/2021/09/09/el-salvador-bitcoin-move-could-cost-western-union-400-million-a-year.html) 

You can stop paying 1-25% on remittances (depending on country and method of payment) and pay a small fee to miners. Or use [Jack Mallers'](https://twitter.com/jackmallers) Strike app. With it you can send small amounts of money with very little fees to places like [Vietnam](https://twitter.com/jackmallers/status/1638982216754647060?s=20), the [Philippines](https://twitter.com/jackmallers/status/1620486166964477952?s=20), [Nigeria](https://twitter.com/gladstein/status/1601639973941174274?s=20), and [Ghana](https://twitter.com/jackmallers/status/1601242814498893825?s=20). Family members can receive their local currency directly to their flip phones. And it's powered by Bitcoin's Lightning Network (A second layer solution created to help Bitcoin scale).


_100% AI free_

Bitcoin is completely changing how people remit money. (And that's a good thing)


let's explore my funding plans/ideas...again I am in no way stating this is the only way to do this, just that it is the way that working for me:

I have a fixed rate 30 year mortgage on a 4 unit building...entered into this agreement back in 2016 somewhere around 3.75% interest - my loan payments are about $1170/month plus about $175/Month for insurance and $900/month for taxes...yes my taxes nearly exceed my loan payment and likely soon will exceed it...my expenses....lights/common area heating/hot water etc...and maintenance (which I do myself) add about another 300/month

Totaling - about 2545/month all in....not too bad for 4 units bring in about 4800/month - I am able to save about $2200/month - or 24,000 year so with one tenant paying me in bitcoin I could easily have another one paying in BTC or all 4 paying half their rent in BTC and meet my FIAT obligations - (this is basically so I don't have to sell BTC to pay FIAT only bills)

I know - I got a steal on my building, I hit the timing just right, I have 27 years of experience in the field...most people will not make out like this....but even so... I am simply trying to use my experience as an example...your debt coverage may be higher or lower...no matter what you are probably thinking the same thing I have about many times.

How to pull some of that money out of my property and put it to better use...cause if you know anything - you know that USD sitting in an investment is still losing its purchasing value in the future so you want to maximize your leverage....and that is a feedback loop I am glad to have never fallen into...as when you maximize your debt you have to maximize your rent...constantly pushing the cycle forward into the future...the debt into the future for future generations to take on...

Bitcoin gives us all the ability to break this cycle - instead of rolling that "surplus cash" into more debt and higher rents you can roll it into Bitcoin and it immediately turns that paradigm 180 degrees and instead of constantly refinancing the debt to pull cash out to do capital improvements or go on vacation...you can pull the value of your Bitcoin reserves out to do these things.

Now this is of course if you believe in the NGU technology of Bitcoin (which has of course proven itself over the its entire life cycle to date....but hey....maybe you want to wait until it has proven itself out over 30 years, or 60 years.... Though you likely won't have that long....as banks figure out this concept the loans you try to get on your "equity" will carry such high costs that you will not pencil out the deal...and you will be forced to begin using Bitcoin and will be that much further behind the early adopters....

I think the key for me was the concept of "Keeping the End in Mind" - what I mean by that is this.... I have drank the kool-aid, I believe in Bitcoin 100% and if Bitcoin is going to do what it does....The future of all value expression will be based on a Bitcoin Standard...if that is true, then this model works....100% of the time and (this is the part I just recently realized) LITERALLY INDEFINITELY INTO THE FUTURE.... Just think about that...If your Bitcoin continues going up indefinitely into the future your business (if not overly leveraged in the FIAT system) will become an indefinite asset so long as it is providing value to others.... In fact you will be able to constantly pull Bitcoin value out of your business or asset as that value in Bitcoin rises.

Just sit with that thought for a few minutes - cause it totally breaks my mind.... The Bitcoin I hold in reserves for my property right now will always increase in value (as long as Bitcoin stays decentralized and secure) and as it continues going up in value I will need less and less of it to fully capitalize the building....which means I can charge less and less for rent as well... If this doesn't "break your mind" I don't know what will...

This literally works for any business, any person, anything....  More to come later.... My mind is melted

