Turn bitcoin into cash at any MultibancoTurn bitcoin into cash at any Multibanco
No card, no bank branch, no queue. Generate a code, tap it into any Multibanco ATM in Portugal, and walk away with euros. Two sides: One MB WAY code. One Lightning hold-invoice. No platform in the middle holding your money.
Code is 100% FOSS hosted in nostr https://gitworkshop.dev/bitblik.app/relay.ngit.dev/bitblik
The term "cash out" is just a dumb wall street term of fiat maxis...
There's no cash out from Bitcoin.
I know, I liked the idea it is opensource.
@remindme in 2 years
This model will not gonna survive too longer. They tried also in Spain with Bit2Me and failed and end up into a total shitcoinery.
The only way forward is only "cash in - stay in", create a fucking parallel economy based only on bitcoin.
open source it doesn't mean automatically must be used and is useful... mucha basura tambien
I think this is different. I bet the bit2me system required to do KYC (to have a bit2me account). This is peer to peer market without KYC.
It helps both the person who has fiat and wants to obtain bitcoin, and the person who is already bitcoinized but needs fiat cash to pay for stuff (to vendors that don't accept bitcoin).
If asking a friend to pay your fiat purchases/bills in exchange for bitcoin is OK, I don't see how this is bad. It's the same but at scale.
I've tried personally in Poland (BitBlik, same app) and I find it great.
wrong, The original bit2me was not KYC until they converted into a shit.
The original bit2me was just like bitway,, a simple p2p trade using ATMs.
ANY supposedly P2P service will end up in a KYC if it touches fiat.
The only way is to DEMAND tto be paid in BTC and never go back to fiat.
But people are si FUCKING DUMB AND NEVER LISTEN TO MY WARNINGS AND ADVICE.
So go on, "cash out" into fiat. Cry later.
I see you've edited the post. I don't "cash out", but I need to eat and it's very difficult to find restaurants or supermarkets that accept bitcoin. I'm sorry (not sorry) that bothers you. And I don't want to spend the rest of my life stuck in a shithole to avoid touching fiat. That's what they want, that we stay put like in an open air prison. You do you. Nobody is going to see things exactly as you do.
MAKE IT HAPPEN BITCH!
Otherwise STFU
I would expect that wherever you live there would be on BTC Map a hotspot with hundreds/thousands of merchants already accepting bitcoin. But I don't see it.
It's also a fact that there is a thriving p2p market for ATM withdrawals in Spain on lnp2pBot and Mostro. Bit2me is a regulated exchange, so of course they won't allow KYC-less p2p trade.