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Topic: Anything can be bought by Bitcoin? (Read 1460 times)

legendary
Activity: 2912
Merit: 1068
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August 01, 2019, 07:43:38 AM
In theory, yes, you can buy anything. But in real life is not that easy because not so many merchants are accepting Bitcoin and usually you can use it in online, not so many physical stores. Unless you have Bitcoin debit card, then you can use it for whatever you want, wherever you want.
member
Activity: 378
Merit: 10
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August 07, 2019, 10:53:33 AM
That moment will surely come, BTC will be used for virtually everything in this world. It a matter of time and the generation we want to make. Just hold on tight since the days ahead will be full of fun.
full member
Activity: 1177
Merit: 102
August 07, 2019, 07:30:36 AM
Still my country have not buy big item using pay Bitcoin, but i got some online shopping for that computer Goods, mobile phone small amount. Basically, I bought bitcoin for holding and trading so almost everyone can bought bitcoin at anytime.
full member
Activity: 827
Merit: 100
August 01, 2019, 07:21:11 AM
nowadays there are many e-commerce giants accepting payments with bitcoin. many countries also accept the use of bitcoin as a purchase option. in the future bitcoin users will not feel troubled and I think it will be easier to use bitcoin.
sr. member
Activity: 445
Merit: 250
August 01, 2019, 07:11:36 AM
I think that for Bitcoin you can buy everything.  But also a lot depends on where you live.  Otherwise, Bitcoin can always be transferred to any other coin.
newbie
Activity: 15
Merit: 0
August 07, 2019, 12:59:48 PM
I am from India. Here most of the people are poor. They don't have any knowledge regarding Bitcoin. Even the rich person who may have Bitcoin can't use Bitcoin for purchasing anything. Today most of the people preferred digital payment like paytm, Google pay, phone pay and many more not the virtual one like Bitcoin.
Yes Bitcoin may have future but not present. You can't buy your household items or daily day to day life things with the help of bitcoins.
full member
Activity: 564
Merit: 100
August 07, 2019, 11:42:27 AM
That's obvious. However, online purchases of US dollars via VISA cards are still in common use because of their usability.
Our world is aiming to use crypto instead of using flat currencies, but Bitcoin seems to be inadequate. Because Bitcoin is a virtual currency that has appeared for 10 years, so it is old technology. I think there will be another currency to replace it in online trading.
jr. member
Activity: 89
Merit: 2
August 01, 2019, 05:28:52 AM
Anything can be bought by Bitcoin if the seller accepts the cryptocurrency as a mode of payment. In many countries, Bitcoin has started being accepted by retailers and business houses as a mode of payment.
Bitcoin has slowly started catching pace but still has a long way to go in the field of its acceptability as legal or exchangeable tender.
The question entirely depends on two grounds:
•   Whether or not it is legal tender in a country.
•   If the seller or business accepts Bitcoin as an exchange for its goods or services.
sr. member
Activity: 1666
Merit: 276
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August 01, 2019, 03:21:19 AM
As of now there is very limited access to services and Marketplaces with bitcoin acceptance. The present market is under the widening phase, so we can expect more to get for bitcoin in the future. Now if we need to buy anything for bitcoin, we can't get it instantly we need to explore and find someone who is providing services in exchange for bitcoin.
newbie
Activity: 76
Merit: 0
August 01, 2019, 02:21:38 AM
If yes Shocked then it will be the nicest thing I have read today, because the only thing restricting the BTC growth is the barricades it has. Trading BTC and using it to buy and sell purpose is the transforming way to bring Bitcoin in mainstream business.
legendary
Activity: 2576
Merit: 1860
July 31, 2019, 10:17:06 PM
There are many countries that have legalised the use of bitcoin for transaction as well as many traders. I know bitcoin will be used for anything in the next couple of years. I strongly believe in what bitcoin can do in the future.
For other countries they have legalized bitcoin as method of payment. In my country only few merchants accepted bitcoin whereas can purchase goods or products. I also do believe their is an improvement in the future of bitcoin about it’s usage.
Seeing such big countries already using bitcoin as a means for payment system, hopefully small countries too will start to adopt bitcoin so that bitcoiners and even those who don't own bitcoins yet can easily purchase anything they want with the use if bitcoin. I know this will happen in the future but it might take more time to be realized.

The obstacles that huge or developed countries are facing are a lot different than the ones that small or underdeveloped countries are facing. Bitcoin payment in advanced countries is not much hard to implement given the fact that the perfect technological circumstances are already there. It only needs a nod by the government authorities and everything will go fine. In small and underdeveloped countries, the problem is much deeper and basic such electricity, internet, lack of smartphones, and even the lack of capacity to use smartphones.
sr. member
Activity: 1162
Merit: 251
July 31, 2019, 10:13:35 PM
#99
there are still some countries that prohibit bitcoin payment transactions, including my country.
that means nothing can be bought with bitcoin in my country.
but with the increasing popularity of bitcoin in the future, it is not impossible that bitcoin can be likened to a credit card. in the future everything can happen.

I can they prohibit something they don't even know about? Noone knows what mathod you used to pay for something. If the country you live in oppresses its people then they honestly don't deserve your tax money.
I do not think that the government is filled with fools who easily forbid something without in-depth study? so I don't think that they forbid bitcoin for no apparent reason, of course they have a strong reason for it, which is good for them, even though it's not good for us. but of course every era will change, governments will also change, technological changes will make them rethink the legality of bitcoin
jr. member
Activity: 61
Merit: 1
July 31, 2019, 10:08:36 PM
#98
In my opinion, that is quite true of the development and popularity of Bitcoin, Bitcoin can buy anything even to pay supermarket bills, but many countries have unsupported attitudes. Bitcoin is concerned about political influence, hoping that these barriers will soon be removed in order for the full development of Bitcoin.
sr. member
Activity: 910
Merit: 255
July 31, 2019, 03:45:27 PM
#97
By Bitcoin started buy and sell products in the market many days ago. By Bitcoin can be bought a lot of product now. Example such as, From Overstock.com, any kind of product can be bought through Bitcoin. Many such business entities currently accept Bitcoin as currency and sell their products. Homes has been sold by bitcoin in various countries. By bitcoin can also be purchased product on many online websites, and Amazon and BMW accept bitcoins.

It is assumed that, at this time using the credit card instead of the money, Bitcoin or any other cryptocurrency will be used instead of money and credit cards in the future world.

there are already some shopping platforms that accepts bitcoin. but i do not believe that bitcoin is a proper payment item. because of the transaction speed and the fees. there are better blockchain based solutions.
hero member
Activity: 1820
Merit: 515
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July 31, 2019, 12:48:04 PM
#96
Literally yes if there is someone who is willing to sell you their product that you wanted to buy for bitcoin.

Or you can convert your bitcoin into cash and then buy if you are in immediate need of that product.
member
Activity: 397
Merit: 10
July 08, 2019, 01:25:07 AM
#95
Opportunities to buy anything for bitcoins are becoming more and more. I hope that in the next couple of years major online stores will officially accept cryptocurrency for payment. The market will develop and everything goes to this.

Now there are many countries that accept payments using bitcoin, especially developed countries. In addition, more and more traders are willing to accept payments using bitcoin.
In conclusion, any item can be purchased as long as there are sellers who are willing to accept payments with bitcoin, because now the era has advanced and the use of the internet has been evenly distributed.
sr. member
Activity: 906
Merit: 263
July 07, 2019, 02:18:44 PM
#94
there are still some countries that prohibit bitcoin payment transactions, including my country.
that means nothing can be bought with bitcoin in my country.
but with the increasing popularity of bitcoin in the future, it is not impossible that bitcoin can be likened to a credit card. in the future everything can happen.

I can they prohibit something they don't even know about? Noone knows what mathod you used to pay for something. If the country you live in oppresses its people then they honestly don't deserve your tax money.

Opportunities to buy anything for bitcoins are becoming more and more. I hope that in the next couple of years major online stores will officially accept cryptocurrency for payment. The market will develop and everything goes to this.


There a few major online stores in some countries. I know of coin.ph that you can pay your utility bills with. That's pretty cool and I wish they had that everywhere.
By Bitcoin started buy and sell products in the market many days ago. By Bitcoin can be bought a lot of product now. Example such as, From Overstock.com, any kind of product can be bought through Bitcoin. Many such business entities currently accept Bitcoin as currency and sell their products. Homes has been sold by bitcoin in various countries. By bitcoin can also be purchased product on many online websites, and Amazon and BMW accept bitcoins.

It is assumed that, at this time using the credit card instead of the money, Bitcoin or any other cryptocurrency will be used instead of money and credit cards in the future world.


I still prefer btc as a digital gold that be used as a currency for buying products like our basic necessities. If people see btc as similar as gold, it will be viewed as a precious asset because no one wants to use it or sell it and you would rather hoard it and keep it for many years. But if we use it as a currency, then it's just an ordinary as the fiat and its price won't appreciate so much.

Good explanation. It's like an asset you can spend. I like that.
sr. member
Activity: 2590
Merit: 452
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July 07, 2019, 11:19:32 AM
#93
For now, in the country where I live I have not found a method of buying using Bitcoin.
and I make a purchase by exchanging bitcoin with fiat to be able to use whatever purchase I want.
full member
Activity: 742
Merit: 121
July 05, 2019, 07:53:21 AM
#92
Opportunities to buy anything for bitcoins are becoming more and more. I hope that in the next couple of years major online stores will officially accept cryptocurrency for payment. The market will develop and everything goes to this.
newbie
Activity: 10
Merit: 0
July 05, 2019, 05:15:55 AM
#91
And you think this is something new to open a new thread?
Maybe a person just wanted to share his joyful thoughts Grin Grin
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