devan on Nostr: Now that I receive salary in bitcoin, how to navigate short term votality, when need ...
Now that I receive salary in bitcoin, how to navigate short term votality, when need to purchase essential goods that are quasi pegged to local fiat.
I’m running a small experiment.
Step 1: set a bottom and top line for Btc/usd, based on a variance rate from when received salary in btc. In between this range, use Bitcoin to pay for expenses.
Step 2: when below bottom line, use fiat credit card only. When above top line, use Bitcoin to pay off fiat card debt and continue to use Bitcoin as normal for expenses.
Step 3: automate so don’t have to think about it.
Published at
2023-02-25 12:28:51Event JSON
{
"id": "3c6c4db91ff44304d7875c124830cf3abbc4ddb40aa26fe658761e603f8dd43c",
"pubkey": "514d101450eb3ba2887c6be0e3ffc5ad5f26eb2f5f4f4b4ea402e4a4dc50dc59",
"created_at": 1677328131,
"kind": 1,
"tags": [],
"content": "Now that I receive salary in bitcoin, how to navigate short term votality, when need to purchase essential goods that are quasi pegged to local fiat.\n\nI’m running a small experiment.\n\nStep 1: set a bottom and top line for Btc/usd, based on a variance rate from when received salary in btc. In between this range, use Bitcoin to pay for expenses.\n\nStep 2: when below bottom line, use fiat credit card only. When above top line, use Bitcoin to pay off fiat card debt and continue to use Bitcoin as normal for expenses. \n\nStep 3: automate so don’t have to think about it.",
"sig": "40e3a22255453a225d8317c235c5075163b3c2536100967dcca6bf085c57a6ddac12f02c677dcb53572126f1ce6367e73f851cff61157424f512ca745b9a2b6c"
}