Why aren’t you using Bitcoin as money?

Hey Bitcoiners,

Funny story for you guys today…

I recently sent a $5k wire on June 30th to a friend and former client of mine who I invited to do a LIVE DJ set at my next in person mastermind event in Medellin Colombia this September.

(His name is Arlin Moore, his music is great, you should look him up.)

Almost 7 days later he hits me up and says he still hasn’t received it. Weird.

So I check my Chase bank statements to see wtf happened and I actually started to freak out because I didn’t know if the money was accidentally sent to the wrong person…

Thankfully the wire was reversed, that same day I sent it actually, but it cost me an extra $25 in fee’s due to the reversal. Thanks Chase.

The reason it was reversed was because of the address for Arlin being one word different than what was put onto the details when sending the wire.

Anyways, after we both verified his correct address, I sent the wire again on August 8th. But before I did, I joked that I should just have paid him in Bitcoin, which he said he would prefer tbh.

Fast forward 5 days later to August 13th, I texted him and asked if the wire went through okay…

He texted me back yesterday and finally said it didn’t, he still hasn’t received it. WTF. lol.

So I checked my bank statements again and saw the wire was in fact reversed again on August 11th due to the address details apparently still not matching. This time we believe it was because we used his name vs. his business name. Keep in mind, this is the ONLY time the info he’s sent hasn’t worked for someone who’s tried to wire him money.

Anyways, then I said, “Dude, let me just pay you in Bitcoin.”

To which he agreed, and sent me his BTC address immediately.

I asked him to make sure that this was his correct wallet address, he confirmed it was, so I sent the $5k payment in Bitcoin and used the average transaction fee, which was estimated to be about $0.30 cents.

An hour later, the transaction was confirmed, and it only ended up costing me $0.16 cents.

I then looked up his wallet address on multiple public websites to confirm the BTC had been received, and he sent me a text confirmed he received the money pretty much immediately.

Bitcoin >

Now this is where things get interesting for me… because the general consensus right now is to acquire bitcoin and hold it, don’t spend it.

But now after taking payments in bitcoin from clients of mine for my business, and paying Arlin in Bitcoin yesterday… it just makes sense for us to use as money, eventually.

And if you haven’t spent any bitcoin, or paid anyone in bitcoin, I’d encourage you to try it. Once you do, you’ll probably feel this exact same way too.

My point being, maybe we can all get to our ideal future faster if we actually start to use the best form of money, as money.

So my question for everyone here is, why aren’t you using Bitcoin as money? And if you are, how are you liking it? Share some of your favorite experiences spending your sats.

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