The nocoiner first question is: "can I pay my electricity bill with Bitcoin?" So here I start putting together a list of places where you can pay your bills with Bitcoin.
Seeing Naturgy, I was quite excited and wanted to switch to them. But then realized that payment in BTC means capital gain taxes, and I would be KYCed, not the best combination. Although not sure if it makes sense for the taxman to track it.
Well, capital "gain" taxes are on bitcoin are even more perverse than usual taxes, because they put bitcoin in a disadvantage compared to fiat. Problem is not me being brainwashed, I want to avoid it. Problem is tax agencies and law makers requiring this. Of course I am talking about USA, Spain and probably most of Europe - Panama and El Salvador don't have this problem.
- say whether they accept lightning (I don't know who could be so stupid and only accept btc on chain, but there is Co(i)nbase, Binance. SWAN just recently started testing lightning.)
- does it require KYC? It seems Bity.com doesn´t for small amounts (< 1000 CHF/day) , probably true for all Swiss based entities.
Naturgy should probably be deleted from the list, they told me they are still "implementing" the possibility to pay with bitcoin. The option simply does not appear, I try to pay online, and only Bizum and card payment appear.
How long have they been "implementing"? They announced this in 2022.
Seeing Naturgy, I was quite excited and wanted to switch to them. But then realized that payment in BTC means capital gain taxes, and I would be KYCed, not the best combination. Although not sure if it makes sense for the taxman to track it.
There's no such thing as "capital gains" in bitcoin related. You are confused and brainwashed by state propaganda.
Well, capital "gain" taxes are on bitcoin are even more perverse than usual taxes, because they put bitcoin in a disadvantage compared to fiat. Problem is not me being brainwashed, I want to avoid it. Problem is tax agencies and law makers requiring this. Of course I am talking about USA, Spain and probably most of Europe - Panama and El Salvador don't have this problem.
Possible improvements of the list:
- say whether they accept lightning (I don't know who could be so stupid and only accept btc on chain, but there is Co(i)nbase, Binance. SWAN just recently started testing lightning.)
- does it require KYC? It seems Bity.com doesn´t for small amounts (< 1000 CHF/day) , probably true for all Swiss based entities.
FUCK Conbase and Binance. I will never put that shit in my guides.
They are the enemies of Bitcoin.
Naturgy should probably be deleted from the list, they told me they are still "implementing" the possibility to pay with bitcoin. The option simply does not appear, I try to pay online, and only Bizum and card payment appear.
How long have they been "implementing"? They announced this in 2022.
But they happily claim in their FAQ that bitcoin payments are available: https://www.naturgy.es/gl/axuda/preguntas_xestions_frecuentes/pagar_facturas_criptomonedas . Funny thing is they only claim this in Galician version of their FAQ, and probably in Basque version, but not in Spanish version.
Lesson: "don't trust, verify" also applies to companies which claim to support bitcoin payments.