Jimmy Song, an entrepreneur and a developer besides being a die-hard crypto fan and enthusiast, explains a less struggling and a less troublesome way over how to pay anything via bitcoin. It sure is a simple strategy but it can save time and can work the very way a normal bitcoin would do under the circumstances where bitcoin is accepted as a payment method.
As per Jimmy Song, there is always a way out and a simple remedy that can cure the malady for the time being. This tweak might work with our current system but it sure is not the entire portrayal of the rules and regulations that the crypto enthusiasts and analysts demand. Obviously, we cannot get everything we want in life as Song states to BlockPublisher:
The rational way to pay via the bitcoins would be to just rely over the credit card but without debt. This would allow you to pay the bill that comes for the credit card afterwards but with the cash that you can get out of the bitcoin stock you already have in your crypto wallet.
The crypto enthusiasts have been anxiously awaiting either a major ETF to strike gold for the cryptos or a handsome proposal to eventually bring about the crypto regulation, or some sort of revolution. That day would soon be upon us as the defiant cryptos, the likes of bitcoin, ethereum and ripple are on their way to become the major global monetary assets, or at least any one of these. But as the crypto markets are yet to nurture to utter maturation, the current times can be a little bit easier for the crypto fanatics making use of the Jimmy Song strategy.
The Song strategy does sound too mainstream and simple as anyone can crunch a thought and reach this conclusion but the soul of the idea lies in the fact that one has to make do being satisfied until the grand day comes. Cryptos have always been marked red by the incumbent authorities especially SEC with the allegations that the crypto market is polluted with troublemakers and serious scammers. This is true to some extent too as we see a crypto scam on a monthly basis. Passing this hurdle would be a serious and treacherous venture which will show the light of crypto adoption, eventually rendering the fiats obsolete, at least to some extent.
The young entrepreneur reflects over the basic factor that affects what should be the monetary values for a person. He claims that as every person carves his own destiny, every person should ponder over his own sense of evaluation and opt out the financial interests that are going to define his monetary structures as the time rolls on.
Your evaluation should determine your financial interests.