| I've been using it with a couple of other people and testing transfers between private wallets, chivo wallets, conversion between USD and BTC in small amounts, it hasn't failed on me yet. I've also bought in a supermarket with it, again small amounts 8.00 USD to be precise (avocados and some other stuff), a lot of businesses take BTC now, some of these businesses are: - Super Selectos (biggest supermarket chain here in ES) - Walmart (second biggest supermarket chain here in ES) - Siman (electronics, furniture, clothes) - ZARA (clothing) - Starbucks - Mcdonald's - Pollo Campero these are just some examples, a bunch more are taking BTC payments from chivo wallet and really any LN compatible wallet. you can take your money out of the government wallet by: 1. linking your existing bank account and transferring USD to your bank 2. cashing out in one of the 200 ATMs 3. transferring your BTC to a private wallet for me personally, superficially it works, the inner workings are opaque tho, I don't expect every BTC in government wallets to actually be backed by an actual BTC for example, the government does not have enough BTC to cover the $30 USD in BTC bonus they've been giving out, and not every BTC you get in the chivo wallet is reflected somehow in the blockchain. again my use has been pretty limited, I've day-traded with really small amounts, I've read people complaining about bank transfers taking a few days or not working at all (balance disappears from app, does not appear on bank), or ATMs being out of cash, or ATMs subtracting amounts from wallet and not giving money, I have not tried to do any of these yet though other issue is security, the facial verification seems to be a facade so anyone with your DUI (similar to SSN, but it is public knowledge) and your birth date can claim your account and your $30 bonus if you haven't, and also potentially make financial transactions with your ID tied to them. |