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How to 'Be Your Own Bank' with Bitcoin & Cash

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Episode 36: The Bitcoin economy and infrastructure is mature enough that you can go unbanked — or rather, be your own bank — without changing your lifestyle. Get discounts AND starve the war machine using these suggestions, put together by a 2-year-unbanked veteran. Connect with us! [website] http://TheDailyDecrypt.com [tweets] http://Twitter.com/TheDailyDecrypt [facebook] http://Facebook.com/TheDailyDecrypt [podcast] http://Soundcloud.com/The-LTB-Network [LTB Network] https://LetsTalkBitcoin.com/Blog/The-Daily-Decrypt Wanna sponsor a show? http://TheDailyDecrypt.com/Sponsorship Sponsor: Nubits – Learn more: http://nubits.com Sponsored Shout Out: Roberts & Roberts Brokerage Incorporated http://rrbi.co Roberts & Roberts will donate all profits from Bitcoin Black Friday (November 27th) to http://Antiwar.com Links: Bitcoin-paying freelance jobs: https://news.bitcoin.com/3-websites-bitcoin-paying-freelance-jobs/ Porcupine Real Estate (in NH): http://porcupinerealestate.com Ledgeview Rentals (in NH): http://www.ledgeviewrentals.com Porc Manor (rentals in NH): http://porcmanor.com Local Bitcoins: http://localbitcoins.com Wall of Coins: http://wallofcoins.com 20% off Starbucks: http://foldapp.com Purse.io (for Amazon use): https://purse.io/?_r=6pFkLI Gyft: http://gyft.com Egifter: http://egifter.com GiftOff: http://giftoff.com CheapAir: http://cheapair.com BTC Trip: http://btctrip.com Expedia: http://expedia.com NewEgg, TigerDirect & Dell: http://newegg.com, http://tigerdirect.com, http://dell.com VPN with Bitcoin: https://www.privacytools.io/#vpn Movie Tickets: http://movietickets.com Steam: http://cheaperthansteam.com Music: “The Blue Danube Waltz” by Johann Strauss II https://youtu.be/_CTYymbbEL4 Contact us: http://TheDailyDecrypt.com/Contact Tip us! See our addresses for Bitcoin, BitcoinDark, Bitshares, Dash, Dogecoin, Ethereum, Litecoin, Monero, Neucoin, Nubits, Nxt, Peercoin & more at http://TheDailyDecrypt.com/Tip-Us ProTip ready: 1u9ZrWbVFkaYJ89VL3ynarQb5HUKW7zKB
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Text Comments (96)
Guandong Mai (24 days ago)
I event feel 3 credit card is too much, and now you telling me I will have a lot of gift card. that killing me
Zack P. (1 month ago)
Don't mind Bitcoin, she is very pretty!
Wizdom Born (6 months ago)
Cant you just get cashed out,then invest it into bitcoin?
Atlan Books (6 months ago)
After putting a roof on your head and some beef jerky in your belly, you will need some medical books to read. You're in luck because you can use your Bitcoin to purchase used medical books at www.atlanbooks.com
Kelvin Kiama (7 months ago)
awesome show ,i lve it Dr kelvin kiama speaking ....need more help. native kiswahili speaker, shed some light on bitpesa (kenyan)
Asch Gwader (7 months ago)
as resume :FUCK IRS system no need for dollars
Michael Long (8 months ago)
you are moving backwards. I love blockchain but this is some dumbshit. money orders are more expensive and not practical for people who actually need to pay bills like adults. get a checkbook and hate it just like the rest of us.
Check Liberius (8 months ago)
You can invite your friends by sharing the link provided. Your friend will get a 25% discount on their preferred Cryptopay debit card,  It’s a win - win!https://goo.gl/uj2Q7e
Crypto Game (8 months ago)
very informative thank you!
Seth Nicodemus (9 months ago)
$ 0.94 ethereum token, aww the nostalgia.
Paulo Ridgeford (9 months ago)
Amanda you are the best!!!!! I'll watch every single video! You're amazing!
222222e (9 months ago)
Trading a fiat currency for another fiat currency....yeah that sounds smart. There are better ways of getting out of the banking system than bitcoin.
AFINO (10 months ago)
incredible
igor taranchenko (10 months ago)
I just cannot hear what she saying. So attractive, hormones boiling. Wow.
Jason Guck (11 months ago)
great information! thanks for sharing
Youtube University (11 months ago)
So... if the dollar crashes, nu bits crashs too?
T. Thomas (1 year ago)
Jerky is awful for you .
Dan Marine (1 year ago)
Bitcoin at first site :)
Jaye Irons (1 year ago)
AWESOME VIDEO GIRL! You "Inspire Me Greatly!" -- P2TPP (Power 2 The People Post), I will use on my Smeetit site, well when I get it up and running. LOL. :D
Ken Lord (1 year ago)
I watched this video and took your advise to use wall of coins. really wish I did not they stole 2000 USD from me.
Sergio Díaz Nila (1 year ago)
and healthcare expenses?
Peter Murphy (1 year ago)
Now try doing all that with dash!
The Federal Farmer (1 year ago)
Yes, definitely need some FRN's in case the power goes out.
asianlion7 (1 year ago)
Thankyou smart and sexy.
Profit Alerts (1 year ago)
Keep up the good work!
Ваня Жук (1 year ago)
Very interesting! Tanks )
Lili Grapendaal (1 year ago)
Great vid, mwah!
TheHotcrumbs (1 year ago)
IN THE UK THIS WOULD NEVER WORK , THE BANKS WILL EVENTUALLY TAKE CONTROL OF VIRTUAL CURRENCIES OR CRASH THEM!!!
AFINO (10 months ago)
they can't crash them
Steve Clark (2 years ago)
Hmmm, you forgot personal protection, so just a reminder to ask your local gun store owner to accept bitcoin. Bullets especially.
Keith Hudson (2 years ago)
What about Bitgold?
Stefan Venus (2 years ago)
One can use the bitcoin debitcard from xapo.com, but I don´t know if it´s available in the US. I think you got other providers too!
Kenny Arroyo (2 years ago)
This sounds great! But what is the overall benefit ? I am aware on how the central bank system works and how the system that dominates the world currently is broken .. but I'm still trying to figure out how switching to Bitcoin would be more beneficial ?
Joseph Park (1 year ago)
Kenny Arroyo Well you see for every usd convert to bitcoin there is leverage bitcoin is equivalent to usd. Example $1.00usd= 1 bitcoin. Bitcoin can't be created out of thin air like fiat currency.
Luxiano Valdez (2 years ago)
Another kiss right back atcha!
Freedom Talk Media (2 years ago)
Hey Amanda. I didn't know you were on YouTube again. It's good to see you. I'll share this in the MPLC group. --Joe.
patrick van eylen (2 years ago)
:)
Ahnya Rysm (2 years ago)
Also, thanks for this. I was using online bank- Simple and had a very bad experience. I had travelers checks from my grandmother who passed away. They "lost" it and said I must have been invalid. Not true since a major bank was fine with them in person. I live in a yurt off grid and use a mail service for an address. They basically booted me and said it's because I'm "homeless". I'm not homeless but I'd imagine homeless people could have use for a bank so that's just discrimination! So insulting, call me homeless, close my account then stole my money!
Ahnya Rysm (2 years ago)
First off, my employer will only pay with direct deposit. Secondly, money orders cost money! Seems like unbanking might be costly? There certainly push back against using alternative currency, like most things unconventional.
kosai19 (2 years ago)
Thank you for the nubits mention. Didn't know there were cryptos other than tether that are pegged to the US dollar.
Brandon Bryant (2 years ago)
Love the support. thank you. I'm going to follow your advice here.
Deus Vult (2 years ago)
So how do we get out of sales tax?
prospero (2 years ago)
Strauss.....the king of the musical sentence.....the only one who can piss off Mozart with talent and simplicity.  And Tchaikovsky just laughs.
Purple Wolf (2 years ago)
Thank you for the vid. I so wanna live next door to you. :)
bassmanjr100 (2 years ago)
Watched several of your latest videos. I've just found my new favorite YouTube channel. Good work!
Negócios Online (2 years ago)
Você é linda!!!
Amanda, Sweden is predicted to become a cashless society before 2030. This will include money transfers, money orders and cheques (checks US) Many other states are likely to follow suit. That would be a problem for non-bitcoin employment. Any ideas for an alternate workaround?
bobkilla430 (2 years ago)
you seem to have ommited some big items: cell phone plans. and what about insurance? health, auto, renters, home? car repairs? jiffy lune for car maintenance!? 1) their services are limited 2) overpriced 3) they are scum and notorious for ripping people off, not doing intended work on peoples cars and scamming people. what about buying or leasing a car? if not a car then what of public transportation? one thing i think you should have added was bitcoin atms, which 40% of them allow you to sell bitcoins for cash so it would be alot more convenient if you lived near one (400 and growing in the usa i believe) so you didnt. have limited options with gift cards. yes theres alot but if you live in a city where a no bank system would def work best, youre probably going out to eat at alot of local food shops, restaurants, bars etc that are not chain places. as for me banks are still the safest and most convenient place to have my money. if i was a whissleblower then id change my mind but alas im just a regular guy. while i am ignorant of how secure bitcoin is, my little research shows concerns over things like their atms being hacked and id be very surprised if places you store bitcoin guarantees if they are ever hacked you will regain your money like a bank does.(and id have less trust in those guarantees too) just some constructive criticism but good luck to all that do and its interesting where this will be in 5-10years.
ken Code (2 years ago)
RE: Being unbanked, using LocalBitcoins.com etc.. I use the Mycelium Local Trader. It's built right in to the Mycelium Bitcoin wallet for iOS and Android. LocalBitcoins for example does not work in all countries.
ken Code (2 years ago)
Best idea yet! Hey, pay me in Bitcoin and I will drop my fee by 5%. I'm gonna definitely use that one, thanx yet again Amanda!!
朱婉禎 (2 years ago)
3m is very good . #MMMGlobal #MMMExtra #Bitcoin #Bitcoins #BTC #‎BitcoinReview #‎BitcoinNews
seeng foo (2 years ago)
Good god woman, find something better to do with your time - and take that tin foil hat off - it makes you look like a fucking retard.
晓良陈 (2 years ago)
Wow, you always seem to come up with awesome stuff! New Goal... Im going to do all my gift shopping in Bitcoin this Christmas. Thanks. http://mmmglobal. org/[email protected] #MMMGlobal #MMMExtra #Bitcoin #Bitcoins #BTC #‎BitcoinReview #‎BitcoinNews
MMM AWESOME #MMMGlobal #MMMExtra #Bitcoin #Bitcoins #BTC #‎BitcoinReview #‎BitcoinNews
Btpnsa Vyxkjc (2 years ago)
Wow, you always seem to come up with awesome stuff! New Goal... Im going to do all my gift shopping in Bitcoin this Christmas. Thanks. http://dwz.cn/2bs1QU # MMMGlobal比特币# MMMExtra #比特币# # BTC #‎BitcoinReview #‎BitcoinNews
陈燕 (2 years ago)
good good #‎BitcoinNews http://guardlink.org/[email protected]
梁春明 (2 years ago)
是超级MMM让我认识BTC的,这个让我认识BTC的平台非常强大!都是互帮互助! #MMMGlobal #MMMExtra #Bitcoin #Bitcoins #BTC #‎BitcoinReview #‎BitcoinNews [email protected]
秋云 (2 years ago)
Nice! A Bitcoin tutorial #MMMGlobal #MMMExtra #Bitcoin #Bitcoins #BTC #‎BitcoinReview #‎BitcoinNews
Seth Biedenbender (2 years ago)
I've used WageCan mastercard to pay bills, buy food and get fuel. Load it with bitcoins it converts it to USD and is accepted anywhere mastercard is accepted
Amanda B. Johnson (2 years ago)
+Seth Biedenbender Huh! Another excellent tip. Thanks for that.
Micky G (2 years ago)
5%? This amazing new band is selling their album for half price if you pay in bitcoin! http://www.22hertz.com
TankoAquatics (8 months ago)
Taking donations of btc , Thanks. 13TDBybUTNWrSiV8vhCsNzGLCUanX1V4Lh
Mike M (2 years ago)
Unfortunately amazon doesn't ship to my country. Most of the gyft cards are for stores that are non existent here. Some payments from the government you can only receive on a bank account. And more issues. I saw someone mention bitwage, maybe that works here, but all of the hoops you have to jump through. It is a lot of effort.
rovingreporter (2 years ago)
Awesome info! Thank you Amanda!
Amanda B. Johnson (2 years ago)
+rovingreporter Welcome!
All in....cus HODLing central bank fiat is for lightweights.
TheRealMrRoboto (2 years ago)
$35 for Power? You arent running a Miner...
TheRealMrRoboto (2 years ago)
What miner would you get if you had to get one?
Amanda B. Johnson (2 years ago)
+TheRealMrRoboto Ha ha, I wish. :) Maybe in the future, though.
฿rian (2 years ago)
people were somehow getting gas at Walmart using a Walmart gift card from egifter and gyft until they cut them off. you may be able to get a target gift card and then go to their gift card rack and buy a gas station gift card. there used to be a bitcoin gas card website once upon a time. also snapcard let you buy almost anything and pay utility bills and even taxes with btc, at least they used to back n the day. they charged like 2% though.
Memo x (2 years ago)
you know Amanda i can't stop watching you every day not just for bitcoin but you simply beautiful & intelligent ... hope one day we Get a Date :D
Amanda B. Johnson (2 years ago)
+Memo x Ha ha, thanks for the kind words! My manfriend is pretty understanding, so he just might let us go on a date some day. :)
JuliusCaesar108 (2 years ago)
Interesting video. Thanks for sharing. I love the concept, but am not bold enough to live unbanked, especially with the language barrier living overseas. Love, love, love Bitcoin and hope more people could do this.
Eric Paquin (2 years ago)
Wow, you always seem to come up with awesome stuff! New Goal... Im going to do all my gift shopping in Bitcoin this Christmas. Thanks.
Amanda B. Johnson (2 years ago)
+Eric Paquin Ooh, that's a good idea. And it rewards the merchants who are catering to your preferences.
firstflyover (2 years ago)
UnBank Baby...
Eric Johnson (2 years ago)
Bitwage makes getting paid in Bitcoin as easy as direct depositing to any bank account. And you can change where the coins go at any time. Send 10% to a separate wallet for your long-term savings!
Amanda B. Johnson (2 years ago)
+Eric Johnson Hey, that's a great pointer. Outsourcing ftw.
Ivor Thomas (2 years ago)
Fold app 20% off everything Starbucks, and of course Purse.io for *routine* 25% discounts on all Amazon stuff. Fiat just can't compete with the free escrow that happens behind the scenes with bitcoiny stuff. I think we'll be seeing more 'programmable money' innovation in 2016. Maybe gaming and music? Who knows, but that is where regular non-geeky folks are going to get interested.
Amanda B. Johnson (2 years ago)
+Ivor Thomas Yes, you are so right. It was only after recording the video that I slapped my own forehead, realizing I forgot to mention FoldApp. Thanks for doing so.
Ale Diaz D. (2 years ago)
+The Daily Decrypt Thanks lovely!
Amanda B. Johnson (2 years ago)
+Ale Diaz D. jer welkum
Mark Ford (2 years ago)
Every time I looked at localbitcoins, the sellers want ID
Chris J (2 years ago)
+Mark Ford Sellers on localbitcoins (and companies selling you coin) are at risk of fraud attempts, so ask for ID to prevent most of those attempts and prove your sending from your account. If you really don't want to show ID, seller's might be more comfortable with cash deposits, or you could meet and pay cash.
Mark Ford (2 years ago)
Wall of Coins demands my exact location
Amanda B. Johnson (2 years ago)
+Mark Ford The sellers of Bitcoin? Hm. I'd say go with WallofCoins, then. I've been happy with their service.
The Solarminer (2 years ago)
Great show. I have one to add: www.billpayforcoins.com is what you need for paying those utilities. I used them once and had no problems. Hint, you can pay a credit card bill too effectively making this an all in one solution if you are ok with using a credit card.
The Solarminer (2 years ago)
+The Daily Decrypt I used them several months ago. They also announced a debit card loadable with bitcoin in June. That would be a bummer if it was gone. Otherwise, Xapo.com is another option for bitcoin-$ debit cards.
Amanda B. Johnson (2 years ago)
+The Solarminer I had heard that that site was defunct. How recently did you have success using them? Thanks!
EstefanTT (2 years ago)
You should check the nano card from CCEDK, it allows you to pay with Bitcoin anywhere they accept visa payment. It may simplify your quest of living unbanked ;p
Amanda B. Johnson (2 years ago)
+EstefanTT Ah! Great, thanks for the tip.
Tom Mornini (2 years ago)
BitWage makes it even easier to get paid by people who don't want to pay you directly in Bitcoin...
Amanda B. Johnson (2 years ago)
+Tom Mornini Hey! Great tip, thanks!
Voodoo Banana Studios (2 years ago)
this has been my favorite episode so far! i also like the addition of the ticker! (i just noticed it.) one way i use BTC to live=funding the wallets of my young niece and nephew (whilst teaching them a lil about BTC) in order to "pay it forward" so to speak. Though a small contribution it may be,i feel i am helping to ensure Bitcoin's continued survival in the future. Long Live Bitcoin! p.s. after multiple failed attempts at sending you a tip in the form of NeuCoin,i think that maybe it is an address issue. ya know,maybe a 4 where it should be a 9 or something. idk. anyhow,get back to me when ya can. Long Live The Decrypt!
Voodoo Banana Studios (2 years ago)
+The Daily Decrypt i think i figured out that i am a dumbass officially! You all are just a lil bit awesome-er in my book! Long Live The Daily Decrypt! p.s.that NeuCoin address amongst your list...did i just overlook it previously? or did i just notice it? (sorry,im a dork sometimes.)
Amanda B. Johnson (2 years ago)
+Dpr Jr Alright, I'll re-check it and get back to you on Twitter. Thanks!
Tom Eyre Sr (2 years ago)
Nice! A Bitcoin tutorial

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