Either way the margins are gonna be tight so definitely don't pay two conversion fees if you can help it I'd say.
Well, you'll have spent some to keep the wolf from the door, but directly on goods and services denominated in Bitcoin and Sats (0.00000001 bitcoin). 10,000 sats = $1.35 today
so instead of cashing out, you use the bitcoin to buy things. ok. can you pay your rent with bitcoin? get a pint down the pub with it? fill up the gas tank on your car? buy a record on discogs? pay an annual life insurance premium?
trying to get a grasp as to how widely accepted it is.
so your bitcoin-connected MasterCard is accepted by any merchant who accepts MasterCard, then.
What was the whole thing about when musk and others were doing that double your bitcoin thing. What's the point of that? Just to get more mugs like me interested to drive up price eventually?
stock markets fluctuate as a result of world events, does bitcoin fluctuate in the same way?
My understanding is that bitcoin fluctuates on top of the generally rising curve caused by the built-in deflation.
I don't know what causes the fluctuations though - well, I mean, same as any other currency, it's worth what people will pay for it, but I don't know how it responds to particular economic changes.
For example, if the interest rate in the UK went up but it didn't in the EU zone then it would become more attractive to borrow euros, change them into pounds and then lend them to someone which you would expect to mean more people buying pounds and thus raising the currency vs the euro (all other things being equal). But I've no idea what effect changing interest rates have on Bitcoin. I guess you could make a similar argument but I've never really thought about it or looked into it to be honest so I could be forgetting something - or some things - that is really obvious.