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If you're reading this, you probably already figured out that Bitcoin is the hardest money ever. But let's be real, Anon - for now the world still runs on paper monopoly money, and you have to pay for stuff in debasing fiat.
The good news? You don’t have to wait for hyperbitcoinization to start living on BTC. You simply need to be able to liquidate Bitcoin instantly and safely. At wave.space, we’ve built some tools to let you achieve exactly that, while keeping your BTC savings in self-custody!
So, let's assume you have all your savings stacked safely in your self-custodial Bitcoin wallet, and you're also converting all of your income to BTC, effectively holding zero euros. Let's explore a few real-life challenges you may face, and how they can be solved with wave.space.
How can I pay my rent with Bitcoin?
Sometimes you have to make bank transfers - whether that would be paying your landlord or extending your car insurance. Therefore, you will need some Euros in your bank account from time to time.
✅ SOLUTION: With wave.space you can sell BTC directly from your self-custodial wallet into your EUR bank account, and it lands instantly. The best part is that the incoming bank transfer will be in your own name - therefore, your bank will see it as a simple EUR transfer between yourself. The process is simple:
Send BTC to a given address -> BTC gets swapped to EUR automatically -> EUR is sent instantly to your own bank account
- Simple 1% conversion fee
- Up to €100,000 sent instantly to your bank
- Transfer comes from vIBAN in your own name
How can I pay online in Bitcoin? How do I buy groceries?
On face value, spending Bitcoin everywhere might seem impossible, but it's simpler than you think. All you need is a Bitcoin debit card that sells Bitcoin on the spot when you use the card. While it's currently impossible to make this a fully non-custodial solution, you can dedicate a small spending balance for this, while keeping the rest of your stack safely in self-custody.
✅ SOLUTION: Spend Bitcoin across 150+ million shops with wavecard® - the ultimate Bitcoin debit card for Europeans. With wavecard® you're spending BTC on demand, exactly when you need it. Here's how it works:
Get your wavecard -> Deposit or buy BTC into the card -> pay for anything like you're used to
- FREE unlimited virtual cards accepted at 150M+ merchants worldwide
- Simple 1% BTC conversion fee, no transaction fees
- No FX fees: you get inter-bank rates
- Pseudonymous: set any name you want for your card
Hopefully we've shown that with the right tools, living on Bitcoin can be already convenient even before Bitcoin becomes the new money standard worldwide. There's no need to keep euros lying around anymore. Stay in Bitcoin, convert it only when needed with wave.space.
