Author

Topic: cryptocurrency is measured by food (Read 230 times)

legendary
Activity: 2338
Merit: 10802
There are lies, damned lies and statistics. MTwain
March 08, 2019, 04:24:17 AM
#13
In the USA, one can now purchase Domino’s Pizza using BTC over lightning network, for fees that are under 1 cent of a dollar (see https://twitter.com/fold_app?lang=en). It’s not a direct purchase at Domino’s Pizza, but rather an indirect one, whereby you place the order through Fold’s app. The app also allegedly allows you to pay for goods at Starbucks and Whole Foods amongst others.

The new is not yet as exciting as it seems, since lightning network is not yet consolidates, Fold has a reduced customer base so far, the user does not interface directly with the end establishment, and the payment is finally done in FIAT to them, but it’s an interesting start, and show that there is no need for a specific food sectorial token, but rather a deployment of universal speedy and low cost crypto payment technologies as a support for sales ops.
full member
Activity: 882
Merit: 126
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March 08, 2019, 03:53:35 AM
#12
Crypto currency has value,food has value and to buy one thing we need to give something with value so we can actually by food by crypto currencies when it is accepted.
legendary
Activity: 2170
Merit: 1789
March 08, 2019, 03:09:47 AM
#11
I heard the 'when hungry' project weeks ago. Looks like a poor attempt to create a 'scam' imo, I'd be seriously surprised if anybody invest in them. If that ever happened, that means due diligence in crypto is really bad and lots of people still need to learn how to measure a project value, especially those bounty hunter who just blindly join any project that opens a bounty campaign.
sr. member
Activity: 742
Merit: 395
I am alive but in hibernation.
March 07, 2019, 10:54:43 PM
#10
Look like company did not done a good market research before launching their token or they are the one who want to ride on blockchain wave to raise funds. I hope investor choose their project wisely evaluating the scope and need of blockchain in project.
full member
Activity: 184
Merit: 100
Bitcoin FTW!
March 07, 2019, 04:55:16 PM
#9
Will it be real to pay for cryptocurrency medical services? Or maybe a car purchase?

bitcoin already doing that, there is not need of anything else in this matter, you can measure it by $ value or gold value or food value its all the same in the end Smiley
hero member
Activity: 3024
Merit: 680
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March 07, 2019, 04:52:34 PM
#8
Will lt be real to pay for cryptocurrency medical services? Or maybe a car purchase?
I have watched a certain video on Facebook before where a small community, can't remember exactly where was that. But it's built on blockchain and some utilities andneeds that they can enjoy and to consume can be paid with crypto.

If you haven't heard of some news also before, there are people who are willing to get paid with bitcoin for selling their cars. I was near to buy one of it last bull run but I guess it wasn't my time. But that car re-seller stopped accepting bitcoin during the bear market.
mk4
legendary
Activity: 2870
Merit: 3873
Paldo.io 🤖
March 07, 2019, 11:04:10 AM
#7
That company was discussed : https://ico.when-hungry.menu/
Thank you for the information. So Cryptocurrency does not disappear,
 and becomes more popular.

So a company, that provides food delivery services from restaurants "around the world". Great. Another pointless token and another pointless ICO. I'm pretty sure Uber Eats is working fine without blockchain and a token. Tongue
newbie
Activity: 35
Merit: 0
Decentralized platform for food delivery.
March 07, 2019, 08:06:43 AM
#6
Now you can eat cryptocurrency. This was introduced by the company When Hungry. And what will happen next?

Which company do you mean exactly, is it maybe Hungry.dk? It is pretty normal to buy food with crypto, although is still no globalized payment method. It is also possible to pay for medical service or to buy car, it is not nothing new, for example list of stores to buy car in USA+ some other countries.

Actually you can pay for almost anything with cryptocurrency, need a real estate anywhere in the world and you have crypto? Just visit this site and choose what you like best : Bitcoin Real Estate


That company was discussed : https://ico.when-hungry.menu/
Thank you for the information. So Cryptocurrency does not disappear,
 and becomes more popular.
legendary
Activity: 2352
Merit: 6089
bitcoindata.science
March 07, 2019, 07:25:36 AM
#5
There is nothing amazing in buying food with cryptocurrency. People bought pizza with BTC in 2011 long ago...

And you don't need an Altcoin for that, bitcoin can do it.
copper member
Activity: 2114
Merit: 1814
฿itcoin for all, All for ฿itcoin.
March 07, 2019, 06:52:02 AM
#4
Now you can eat cryptocurrency.
No, you are wrong, you can't "eat" cryptocurrency... Just like you can't "eat" fiat Grin



Anyway jokes aside, the biggest hindrance to cryptocurrency is the volatility. Very many service providers and companies fear using cryptocurrency for this reason. This could highly expose them to rapid losses within hours. You know how bitcoin and other altcoin prices like dropping huge within minutes.

I believe if Crypto prices got a little stable or could fluctuate at minimal non-damaging levels then we could see more people and companies accepting cryptocurrencies as a mode of payment for their services.
legendary
Activity: 3234
Merit: 5637
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March 07, 2019, 06:41:51 AM
#3
Now you can eat cryptocurrency. This was introduced by the company When Hungry. And what will happen next?

Which company do you mean exactly, is it maybe Hungry.dk? It is pretty normal to buy food with crypto, although is still no globalized payment method. It is also possible to pay for medical service or to buy car, it is not nothing new, for example list of stores to buy car in USA+ some other countries.

Actually you can pay for almost anything with cryptocurrency, need a real estate anywhere in the world and you have crypto? Just visit this site and choose what you like best : Bitcoin Real Estate
hero member
Activity: 2128
Merit: 532
FREE passive income eBook @ tinyurl.com/PIA10
March 07, 2019, 06:14:51 AM
#2
There's are cryptocurrencies dealing with supply chain management (if you include food). One of them is VeChain.
newbie
Activity: 35
Merit: 0
Decentralized platform for food delivery.
March 07, 2019, 05:37:54 AM
#1
Now you can eat cryptocurrency. This was introduced by the company When Hungry. And what will happen next?

Will lt be real to pay for cryptocurrency medical services? Or maybe a car purchase?

And perhaps it has already been implemented, but they did not give the case a large-scale move?
If you are aware of real cases where goods and services pay for cryptocurrency, then share information.
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