Peculiar. I was in Sweden and payment with cash was totally tippie top.
But, IF you only have a bank account then you will be screwed. Get a crypto account with a prepaid card connected to it. You are free to go. You can even get an IBAN connected to it in Switserland.
That's the fine thing about crypto tho, it works just like cash. You don't have to carry your mattress around at all time with millions in your life savings, you only carry what you need and what you can afford to lose. I.e only transfer a small amount to the custodial wallet before you go shopping.
With this method you can even use multiple cards and might have a chance to pay still if one of the exchanges or card processors are down.
Beats bank accounts monopolies when society goes cashless. Nobody wants a cashless society but unfortunately it's inevitable because banks have monopoly on cash.
We're almost there with the digital wallet apps being able to make NFC payments.
Until then I have a coinbase debit card that I use on the regular. Coinbase accounts can also accepts direct deposits. So they're one of the better middle men for the moment.
Peculiar. I was in Sweden and payment with cash was totally tippie top.
But, IF you only have a bank account then you will be screwed. Get a crypto account with a prepaid card connected to it. You are free to go. You can even get an IBAN connected to it in Switserland.
Fuck the banking system!
Your prepaid crypto card is custodial too. Unless you set up your own wallet and use it directly it is just as controlled as the banking system.
There is one corrorally indeed, to fund it from a different location (wallet) and keep the majority of the funds decentral.
It is all about risk analysis and remediation.
O and the best thing: trigger sellers to accept crypto. Either by using a quick and cheap system peer to peer, or with a P.O.S.
That's the fine thing about crypto tho, it works just like cash. You don't have to carry your mattress around at all time with millions in your life savings, you only carry what you need and what you can afford to lose. I.e only transfer a small amount to the custodial wallet before you go shopping.
With this method you can even use multiple cards and might have a chance to pay still if one of the exchanges or card processors are down.
That's all good if you wanna do it that way, but the card account is still:
Beats bank accounts monopolies when society goes cashless. Nobody wants a cashless society but unfortunately it's inevitable because banks have monopoly on cash.
We're almost there with the digital wallet apps being able to make NFC payments.
Until then I have a coinbase debit card that I use on the regular. Coinbase accounts can also accepts direct deposits. So they're one of the better middle men for the moment.
I'm in the US so I use a Credit Union and Coinbase for crypto.
Coinbase can also accept direct deposits.
There are a few options out there. People just have to use them.
coinbase is central. = high risk. Go decentral. And make sure you have burner addresses on monero and Kiiro
You don't put everything there, only what you plan to spend in the next few hours. Just like with cash.
Yeah this seems lost on people at times.
I don't know of any wallet apps that support direct payments yet.
So that leaves Coinbase and Bitpay.