I paid my cell phone plan using the Lighting Network (LN) here in Venezuela

Hi guys,

As you probably know I'm Venezuelan living here, crypto enthusiast.

I used Bitrefill to pay my prepaid phone cellphone plan (60 Bs. -VES- a little bit than 2 USD).

It was really smooth, it was fast and the fee was very cheap.

The rate used at Bitrefill isn't good, so using the LN is good but in the end you pay more, hope the rate gets better. I ended up paying like 4 USD for the 60 Bs. recharge.

The order itself

​

​

Done!

I would totally do it again because it is really fast but the Bitrefill rate isnt good (even in FIAT currencty, so it's not Bitcoin problem…), really hope it gets better, so here you can pay at the supermarket with Bitcoin and also pay your cell phone plan.

Any question let me know.

reddit imagereddit image

6 thoughts on “I paid my cell phone plan using the Lighting Network (LN) here in Venezuela”

  1. What does 60Bs get you in the way of cell service?
    I’m interested For comparison 50$CAD gets you low tier cell….maybe 5GB of data, unlimited calls/text in Canada but increased rate to call/text USA or around the world….typically we also lease our phone so a new iPhone would be an extra 35$ a month for 2 yrs on top of a higher tier (75$) cell plan

  2. Venezuela is the perfect place for a bitcoin circular economy

    What you need is merchants directly accepting bitcoin and stablesats

    You should take the initiative along with other local bitcoiners, make a plan and a whitepaper similar to the Bitcoin beach whitepaper and set up a Geyser fund

    Here’s some sats back on your phone plan

    !lntip 1000 (1 hayek)

  5. Are those prices for people visiting from abroad also? Or is it just locals having access to these prices. I was curious if it’s still possible and safe for random foreign non-spanish speaker to visit (safely) and encourage a little the economy.

  6. Bitrefill is pretty neat, I’ve used it to top off my dad’s cell phone account in the Philippines when he was low on money. Just needed to enter his phone number, IIRC.

    Didn’t they used to have a remittance service as well, for sending BTC that could be cashed out to an ATM or e-transfer to a bank in the Philippines? I remember looking into it and considering trying it but I just couldn’t risk something going wrong and losing/delaying the payment at the time. Would be cool to use BTC to send my dad money instead of paying like $20 for a moneygram. I’ve asked him to look for/sign up to a bitcoin exchange that services the Philippines so he can cash out BTC that way, but he’s super old so that’s a lot to ask of him.

Comments are closed.