I had two reasons, the first is because i found it way too easy to spend on my card without thinking, and the second because I wanted to regain a bit of privacy alongside everything else I’m doing. Ive set it up in my bank that on payday, an amount of my salary automatically goes to the bills account, some goes to long term savings, some to short term savings, then the rest I take out in cash.
It really does change my perception of spending I think: Ive found myself not buying things because I didnt want to break a note and carry change. I can physically see how much I have left. I can take £20 to the pub and leave when its finished. Plus it feels really good knowing every single transaction isnt stored forever. I have a small amount of money on a contactless ring for emergencies like a bus fare or somewhere that unexpectedly only takes card.
Is anyone else still predominantly using cash day to day?
I use Monero primarily
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While it is most definitely true that they do not accept it directly, they very likely do accept it with gift cards, which you can purchase with Monero. That is how I have been buying my groceries for the past year and a half.
When I lived in Europe and North America, this is also how I bought most my groceries.
Except I used bitcoin because the monero gift card vendors are terribly insecure.
Please elaborate on your claim of them being terribly insecure. It’s not something I’ve noticed, but I could be missing something.
They send the card details over email. If you know of one that doesn’t, please let me know
What do other merchants do? Because when I was still using Bitcoin back in like 2015, that’s what Bitcoin gift card merchants did as well. So what’s different these days?
They show it to you on their website.
Ah, fair enough. Do they give you the chance to copy and paste it? Or do you just have to screenshot it and be annoyed every time you need to enter it?
Even if they were, that would likely require you to carry a smartphone everywhere, which is not very privacy-friendly either.
I’m interested in this, I did buy a small amount but struggling to spend it anywhere? Even when I bought a Trezor hardware wallet I had to use LTC… I know I can pay for Mullvad with it when my subscription expires in two years lol
I also can’t find any no-KYC place to buy it now LocalMonero is closed.
Use haveno
Xmrbazaar.com is a place to request a product/service or sell a product/service for monero. Here is my store for example. https://xmrbazaar.com/user/shortwavesurfer2009/ and https://haveno-reto.com is where to buy/sell since LM is gone. Please note you need at least 0.11xmr to use it though as a security deposit you get back after a successful trade
The main question is - where would you get that deposit first…
https://xmrbazaar.com and offer to drop ship something. Here is my store for example and how I earn Monero. https://xmrbazaar.com/user/shortwavesurfer2009
That sounds like “getting money out of thin air”, have my doubts that money is guaranteed… Also wouldn’t dropshipping require some setup?
Actually, I don’t think drop shipping is the term I am looking for. What I do is simply take an order from somebody and then immediately go to eBay and ship the item to them. The main difference is that I’m doing it in another currency and I want to get rid of the dollars and get that other currency and not come back.
Ah. Especially if the exact item can be requested by the buyer - then ye, fair plan)
Yeah, I have a list of pre-determined items and the buyer can look at that list and decide what they want or if they really want something I don’t have. I’m always open to requests for other items to be included.