Living Room Of Satoshi - Pay your bills with Steem!

in #roomofsatoshi7 years ago (edited)

Hello Everyone!

It was brought to my attention by @ausbitbank that https://www.livingroomofsatoshi.com @roomofsatoshi now accepts Steem to bpay your bills or direct to your bank account.

This development was brought by the dedications of our hard working community and maybe a little pestering from https://steemit.com/australia/@ausbitbank/should-livingroomofsatoshi-trade-steem-for-direct-australian-bank-deposits-show-your-support-here.

And yes, I know, trading my precious Steem for that crazy fiat stuff isn't the way we want to be doing things, but I took a hit for you all on the in case some of our harder up Steemians have a need for this in the future.

So here it is!


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You can choose BPAY or Bank Account here^

Ensure you use correct details! double check your information always! (maybe even triple check)


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You will now have this screen, ensure you copy the Memo and the To address correctly.^


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I used bittrex to complete the transaction as all my Steem is powered up currently, but you can send direct from Steemit if you desire. Please check all details before confirming the transaction (I can't stress this enough!)


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After your transaction is complete you'll get a result like the above. ^


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You can even get a receipt emailed to you for your records if you wish.^

All in all I found it a rather painless process and very interesting way to translate value from Steem directly into the real world.

I hope you enjoyed my guide to paying your bills with Steem.

Have an excellent day and Steem On! <3


Updated with payment proof from the other side.

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Great review!

Well I guess we underestimated the power of the Steem community a bit. We were kind of hoping to do a bit of a sneaky soft-launch last night and let people know today :)

But that was a silly thing to try in a community that is designed to surface new and interesting content as soon as possible!

We'e glad that we can provide a small useful service for you all.

Thank you for your response, I hope I didn't cause a stampede on your servers! haha.

And small? perhaps for now, I see a lot of potential in the cryptosphere particularly in Steemit and think you made a very wise choice adding it. <3

Very useful information. The more Steem can be used in the real world as a medium of exchange, the more valuable it will become.

+1 it's all about that adoption.

Does it only do Steem or SBD too?

Only Steem, but you can convert SBD to Steem on the internal market or on bittrex and use it just as easily.

very informative post, ty for sharing

No problem, glad you found it useful.

wow...wonderful info...am happy to reach and get to know such that my stem is gaining more recognition. Keep it up mate...

Will do Sir. <3

Great post and very informative, I can def. use something like this. Thanks for sharing.

You are welcome. :) I hope it works out just as easily for you as it did for me.

Cool post! Upvoted!


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Thank you!

You get a full power upvote friend. I'm not worth much sadly, but this was much needed information.

So needed that I cannot in good faith not resteem this.

Thank you for your support! I'm just happy that we can even do this now, dropping the barriers one by one.

Now if only it worked for us poor Americans....
I've got my bitpay card, but that's nowhere near as convenient.

Indeed, and the fees. D;

The fees hurt. Though they aren't more than an atm fee.

Will have to check this service out.

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