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Bear market delivery! Ohio guy rejoins DoorDash to buy more Bitcoin

A software developer from Ohio is taking on extra work at Door Dash to grow his stack of Bitcoin.

What did you do in the 2022 bear market, anon? For one Bitcoiner, the opportunity to take on a second job to “stack sats” (buy more Bitcoin (BTC)), was too great. Isaiah, the founder of the Cleveland Bitcoin Meetup, is delivering food to Ohio residents to earn cash on the side.

Isaiah told Cointelegraph “I joined Door Dash 2 years ago. But I only recently started doing it again once the price fell into the 20[K]s.” Door Dash is an American food delivery service (similar to Glovo or Deliveroo), where riders pick up food from restaurants to take to people’s homes. 

Isaiah “originally joined door dash to make extra side hustle money,” but he’s now making roughly “36,000 sats per order” ($7) as per this tweet:

For Isaiah, who knows a thing or two about being underwater thanks to training as an open water diver– the “price levels are too great not to stack more.” Driving for door dash compliments his full-time job as a software developer to save more in Bitcoin. He told Cointelegraph:

“When Bitcoin is back above the 200 weeks, I’ll likely stop door dashing and continue stacking Bitcoin with my regular day job. Doordash is just extra sat stacking money for me.”

The price of Bitcoin has languished under the 200-week moving average and the $20,000 price level for weeks.

The Bitcoin price is under the 200wSMA (blue line) and has been since the 13th June. Source: Trading View 

He shares the same view as Former congressman Ron Paul, that “Bitcoin is money,” and thanks to its deflationary supply schedule, it’s also a savings technology. Natalie Brunell the host of Hard Money shares the same view; Bitcoin can preserve time and wealth: 

“Bitcoin is my money. It’s what I save in (and occasionally spend). Being able to store the value of my labor outside the control of any corporation or government is incredible.

Related: Trader puts faith in crypto despite the failed first investment

As for beating those bear market blues, Isaiah organizes and attends the monthly Bitcoin meetup in Ohio while sharing Bitcoin-related advice for readers:

“For all the people getting caught up in the price. Focus on your Bitcoin stack instead of the fiat price. Seeing the amount of sats you own go up will help keep your mental health better during these rough times.”

Looking after mental health is particularly pertinent. Despite Jim Cramer, who lashed out by saying that crypto has "no value," here is a Bitcoin meetup held at a wildlife park.

Bitcoin’s price won’t ‘dramatically’ increase from here, says billionaire

Top Latin America delivery app to accept crypto

The company has partnered with Bitso and Bitpay to allow its users to pay for orders with Bitcoin and other cryptocurrencies.

Rappi, the most popular delivery service in Latin America, is working with Bitso and Bitpay to accept Bitcoin (BTC) and other cryptocurrency payments.

As reported by Cointelegraph Brazil, Rappi is integrating with Bitso and Bitpay through a trial project in Mexico. However, it's unclear whether the pilot plan will also enable access to the service in Brazil and other Latin American countries.

Sebastián Mejia, the co-founder and president of Rappi, noted that cryptocurrencies will not be accepted directly by the app at this first stage. Mexico's Rappi users will be able to pay for credits with cryptocurrencies. They may then use their credits on any items and services available through the app.

However, according to the institution's president, Rappi's plans with cryptocurrencies are much more ambitious. In addition, other integrations should be made public in the future. He noted that:

“In this first phase, we decided to build a product that allows our consumers to connect their digital wallets and exchange accounts to convert cryptocurrencies into Rappi credits and thus access all the products available within the platform."

It is not the first time a major delivery service has incorporated Bitcoin payments. Lieferando, like Rappi, was the first of its kind to accept cryptocurrencies as payment in 2017. Grubhub teamed up with Bitcoin rewards app Lolli to allow hungry consumers to earn cryptocurrency on their orders.

Related: Crypto education can bring financial empowerment to Latin Americans

The Latin America region has been a hotbed of activity for Bitcoin and cryptocurrency adoption. According to a recent study, 75 percent of investors in Asia-Pacific and Latin American emerging markets are seeking to expand their cryptocurrency investments. In September 2021, El Salvador officially became the first nation to recognize Bitcoin as a legal currency.

Bitcoin’s price won’t ‘dramatically’ increase from here, says billionaire