Living Off of Steemit In Central America~ Buying Groceries
The Arcane Bear
Part of our adventure here is sharing with the community what its like to actually find active ways to live with these new technologies. Its part of our mission statement. Share information. We recently signed up for the Wire X Mastercard. Which allow you to load a card with Bitcoin. Well I know it says Steemit, stay with me. What I did today was trade 15SBD through bittrex.com into BTC than onto my Wire X Credit card. Simple process, all in all took about an hour with the Bitcoin verification. We lined up payed and once the transaction was sent through Wire X sent me a verification of the spend in the local currency than its conversion to my card. They have three options of EURO GBP and USD Plastic and Virtual Cards!
** We dont suggest spending your bitcoin or steem, but we are earning it regularly enough we figured its worth the experimentations! We hope you think so too. Please upvote and Re steem
**Here we are though, picture this, in the jungle, a local health food store buying groceries for the evening with the help of Josue and our recently earned Steem Dollars. AMAZING , GENIUS!
This Was just a test, I wanted to prove that this worked, that it easily worked! I have all my paper work in check and clean cables, so perhaps I am being biased. I can already verify my accounts ect. I have that documentation. For those that don't, its a different story. These companies have to react to KYC and anti money laundering regulations.
Arcane Conclusion
We entered a breif conversation with the folks at the grocery store to share with them what We were doing there. They we excited to be a part. On their way homes later to sign up I am sure! The difficulty will still lie in regulations for those who cannot enter the market. But, they can trade and at least earn themselves a space in the new community forming for the future of money! We are so excited to check out all the new ways we can build community and business with these new Fintech treasure troves!
The Mastercard Low Down... Wire X~
If you are interested in the Mastercard we used, please refer to our review and sign up links. Get 25% off the purchase of your first plastic card when you sign up thorugh our links! Virtual cards are free and work with paypal!
Wire X Mastercard: http://arcanebear.com/our-first-bitcoin-steem-ether-and-every-other-cryptocurrencies-mastercard-pt-1/
Thanks for sharing this with everyone. I am currently doing the same thing in "North America" lol. The process I use is a bit more of a pain in the ass for conversion but it works.
Whats your process for conversion, are you in the united state or canada?
The U.S. I generally use Coinbase, but only because I have been with them so long that my account isn't restricted like the new ones are now. Other than that I have an account on Uphold.
Well that makes sense, gotta go with what works for you! We use Bittrex.com for trading, they have so many coins, and an easy verification process. Cant take out to cash, you can convert anything to BTC than attach to the credit card! In the US I hear the SHift Payments card for bitcoin works well.. but never tested it!
Cool man.. Thanks for sharing your experience with us!
Glad to hear you enjoyed, follow along for more of our journeys as we build an informative centre around these new technologies! Growing and investing with them.
Excellent Post!!! @thearcanebeer, Life is getting a lot easier the more we get away form the centralize banking system. hope i will be doing what you are doing soon. Cheers, you now have a new follower and hope you follow me.
Followed! Exciting to see blockchain really start to come alive!
Great information! Thank you, if it works in the green jungle should work in this concrete one!
We believe it will! both jungles, applicable~
Thanks for sharing. I needed this! Followed, as well.
Our pleasure. Thank you for the support. Its our mission to keep sharing, informative, creative!
Wow, thats really cool @thearcanebear. Thanks a lot for sharing this! :-)
Our pleasure, so glad you enjoyed. We will keep it coming.
Really brilliant, I will follow and resteem
WE have an 8 pointed star on both floors and our entrance in ode to Lakshmi, Luxury, Brillance. Thank you for the support!
Sweet. Did you know that In the Hindu tradition, Lakshmi is a bringer of physical wealth and abundance,as well as spiritual wealth, such as intelligence, enlightenment and the awakening to the God within?
To some degree yes, we wrote an article on our first few days here talking about how when we stop to look around us, we realize we are already wealthy and rich!
An the eight forms of wealth..
Very insightful and I totally agree!!!
I just started following you so I will read some of your past posts :)
Love this video. Thanks for proving that the smart money is in STEEM, Bitcoin and indeed crypto im general. Mucho love from the UK.
Thank you so much for the support. We are going to continually try and showcase living off of Bitcoin and Steem! We appreciate the kind words. Much love from down in Costa Rica. We have friends in the U.K Kinda wishing we were visiting them for the next week! Have fun out there
Well if you ever find yourself in Gods own country (YORKSHIRE) give me a holler. Im doing public speaking and educating on blockchain, at business events and universities. I always imtroduce myself as a tech anarchist, which tends to get a reaction, and its a lot of fun turning folk onto the blockchain right now. What a time to refuse to have a proper job.
Great! If we end up over there, we will be sure to give a shout. Maybe near summer time we make a quick visit on our way to Greece!
great post... I am following
Thank you for your support
Cool post, informative info...thank you!
its our pleasure, we will keep writing these short burst videos to help everyone!
Thanks for sharing @thearcanebear :D Looking forward to other videos~
Our pleasure, let us know if there is any topics or videos you would like us to cover!