Do you pay with crypto??? - page 10.

Rengga Jati

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Quote from: kevinovecka on October 19, 2021, 09:45:55 AM

I am interested what do you guys use for payments.

Do you mean spending crypto for payment?
Well, so far, I am a fiat guy. The reason is that cryptocurrency is not legal as a currency, as a payment method in my country. SO, there is no merchants that accept it as payment.
I so far only use cryptocurrency as a commodity asset, for trading and investing only.
So, when asked about buying or using crypto directly for any payment, so far, I have not.

Actually, I may be able to use it to buy some coins from abroad, yeah it may be, sometimes.
I really hope that I can use it in my country easily someday, but the govenrment in my country even have said that it will be impossible for 10 years later accept cryptocurrency as a currency Cheesy

But if I have that chance and go to the payment, I will probably choose the cryptos that have low fees.

GubiMixa1292

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Quote from: kevinovecka on October 19, 2021, 09:45:55 AM

I am interested what do you guys use for payments.

I like Litecoin paying the most (superfast and supercheap) but I am not afraid to pay with Bitcoin.

Doing this little research because I am preparing project
I will appreciate honest answers and comments

Thank you

I usually use USD or BUSD to pay expenses and especially use USD for some online store apps abroad, also I never use BTC because BTC is my savings or some other coin just for profitable trading. i am planning to save to buy BTC and in the next 2-3 years when the price of BTC goes up i will buy myself a car so i personally never use BTC to pay for anything.

Ryker1

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Quote from: isaac_clarke22 on October 19, 2021, 03:20:04 PM

Quote from: kevinovecka on October 19, 2021, 09:45:55 AM

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I am partially paying with Bitcoin for paying bills and fiat for the usual transaction outside my home when I tend to travel a little bit, for the obvious reasons that there isn't that much adoption of Bitcoin just yet, so I do not have any particular measures to be able to pay with Bitcoin, although with the use of custodial wallets to cash out my Bitcoin, I am still somehow "indirectly" paying it with my Bitcoin. Maybe not the usual p2p transaction that many think of

Well we are the same but I only used to pay bitcoin when the price is in bull trend but if the price has a correction, I will not use bitcoin as payment --I use this to store value and keep it into my wallet. Lightning network as I know is good for making transactions in bitcoin, I like to use this feature of bitcoin but I did not try it yet because I am afraid of having a mistake. But base on what I have understood, it is very easy to use using Electrum wallet and for a bunch of tiny transactions.

kevinovecka

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Quote from: Fortify on October 19, 2021, 04:09:05 PM

Quote from: kevinovecka on October 19, 2021, 09:45:55 AM

I am interested what do you guys use for payments.

I like Litecoin paying the most (superfast and supercheap) but I am not afraid to pay with Bitcoin.

Doing this little research because I am preparing project
I will appreciate honest answers and comments

Thank you

I see so few places actually accepting Bitcoin so far that I had to go for the last option. In the few cases where it is available for niche goods and services, crypto can be an effective method of payment. Even cases like moving money overseas whether your on holiday or business can be very useful to avoid additional exchange rate fees with banks. However in day to day life it is simply too much hassle, when I go to a shop to buy some food each week a credit card is simply too straight forward to use. Things are developing though, more and more businesses are adding crypto to their accepted payment methods every month so it will become more ubiquitous.

Yeahh
In Prague here we have crypto kingdom Cheesy

Some places here are only crypto

Fortify

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Quote from: kevinovecka on October 19, 2021, 09:45:55 AM

I am interested what do you guys use for payments.

I like Litecoin paying the most (superfast and supercheap) but I am not afraid to pay with Bitcoin.

Doing this little research because I am preparing project
I will appreciate honest answers and comments

Thank you

I see so few places actually accepting Bitcoin so far that I had to go for the last option. In the few cases where it is available for niche goods and services, crypto can be an effective method of payment. Even cases like moving money overseas whether your on holiday or business can be very useful to avoid additional exchange rate fees with banks. However in day to day life it is simply too much hassle, when I go to a shop to buy some food each week a credit card is simply too straight forward to use. Things are developing though, more and more businesses are adding crypto to their accepted payment methods every month so it will become more ubiquitous.

Stedsm

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I like to use stablecoins just like everyone here because of zero chance of last minute manipulation in price to save myself the extra price that I'd need to pay if the sent coins (of other types) do not arrive in receiver's wallet on time. Yeah I do use USDT (in TRC-20 chain) to pay my friends, family and merchants if I buy something online through them.

Review Master

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I used to pay with ethereum previously whenever i bought gift card for purchasing new games or other in-game items. But litecoin is also better asset as of now rather than ethereum as transection fee is high on ethereum mainnet. If any platform supports TRC20 USDT (stablecoin) or layer2 based any stablecoins, than that's also prefer than spending precious bitcoin from my point of view.

South Park

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Quote from: kevinovecka on October 19, 2021, 09:45:55 AM

I am interested what do you guys use for payments.

I like Litecoin paying the most (superfast and supercheap) but I am not afraid to pay with Bitcoin.

Doing this little research because I am preparing project
I will appreciate honest answers and comments

Thank you

I voted for bitcoin, ethereum and stable coins, I have also used dogecoin in the past as well as it is fast and cheap as well, but since Musk began all of this supposed obsession with dogecoin I have preferred to stay away from it, now while bitcoin transactions can be expensive we know this is the coin that is accepted everywhere where cryptocurrencies are accepted, I have not used stable coins and ethereum too much recently but I have done in the past and I never had problems with them either.

isaac_clarke22

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Quote from: kevinovecka on October 19, 2021, 09:45:55 AM

~

I am partially paying with Bitcoin for paying bills and fiat for the usual transaction outside my home when I tend to travel a little bit, for the obvious reasons that there isn't that much adoption of Bitcoin just yet, so I do not have any particular measures to be able to pay with Bitcoin, although with the use of custodial wallets to cash out my Bitcoin, I am still somehow "indirectly" paying it with my Bitcoin. Maybe not the usual p2p transaction that many think of

GeorgeJohn

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Quote from: kevinovecka on October 19, 2021, 09:45:55 AM

I am interested what do you guys use for payments.

It's very obvious that cryptocurrencies especially bitcoin is used for exchange of goods and services depends on you domination or areas of concentrations towards your objectives via payments of any kinds

Quote from: kevinovecka on October 19, 2021, 09:45:55 AM

I like Litecoin paying the most (superfast and supercheap) but I am not afraid to pay with Bitcoin.

Personally i like payment with bitcoin because it's the coin among other cryptocurrencies i started with in terms of transaction, but in the aspect of charges or fee, litecoin is more better than bitcoin base on it's transaction fees

BlackHatCoiner

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Farewell, Leo

When I can't use the Lightning Network, I pay with bitcoin, cause that's the only electronic asset I'm holding. Otherwise, I enjoy the comfort of our second-layer solution which is extremely fast, cheap and practical.

I find no reason of existence for Litecoin and Dogecoin other than speculative. I also find Zcash useless since there's Monero. Ethereum isn't going to ever scale. Stablecoins are crap. I've heard some good opinions about Nano, but couldn't understand a thing from its whitepaper.

As for the last poll option, everyone's using fiat. I guess that doesn't make them fiat guys, right? Huh

Turbolinea

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When it comes to payments with cryptocurrencies, I prefer Bitcoin mostly. But I prefer to use Bitcoin Lightning where it is available. Because it makes a really big difference in terms of fees and speed. It really gets boring when I don't use Lightning Network as I have to wait for a much longer time to transact. And I can come across surprising fees too.

Hamphser

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Quote from: kevinovecka on October 19, 2021, 09:45:55 AM

I am interested what do you guys use for payments.

I like Litecoin paying the most (superfast and supercheap) but I am not afraid to pay with Bitcoin.

Doing this little research because I am preparing project
I will appreciate honest answers and comments

Thank you

Depends on what coin you are trying to accumulate on and if you do find out that LTC is something that is fast and cheap then go ahead.It wasnt really bad a consideration on getting Litecoin but as you can see

on most people suggestion on here is that they do tend to accept the main crypto which is Bitcoin since they do know its future potential use and adoption which might result into more further profits

when the market tends to pump up and this is one of the benefits that you could really get but although it isnt really an assurance though.

Fesatmas

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Quote from: kevinovecka on October 19, 2021, 09:45:55 AM

I am interested what do you guys use for payments.

I like Litecoin paying the most (superfast and supercheap) but I am not afraid to pay with Bitcoin.

Doing this little research because I am preparing project
I will appreciate honest answers and comments

Thank you

There is no place or online store that accepts Bitcoin payments where I live. Even if there is, maybe I will think again if the level of trust in the store is very minimal. And also in terms of value it is very suitable to be exchanged using bitcoin.
I still use the Fiat payment option in the online shop and they don't provide Bitcoin or any other crypto. For me bitcoin is for the long term as an asset that I have to collect and don't waste it just to pay for a pile of stuff.

bL4nkcode

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Limited in number. Limitless in potential.

I used to pay with bitcoin especially buying digital goods, game credits and regarding my hosting account in namecheap, until it came to this price range and I stopped paying instead I used paypal and other alternatives.
At this moment that it reaches higher price, I have hold and wait till get profit instead Wink

maju69

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With the potential for crypto fluctuations, I never use it as a payment. What's more, because I really don't have anything to pay for using crypto. Also, you should use Bitcoin to pay for items that won't have a high selling value over time. Until now I still use fiat money for any payment process. Except if there are people who have the same profession and I know maybe if the time is going to make a transaction I will pay for some things with crypto.

bishopcrypto

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Bitcoin 97% of the time, but that's not my preference. Would prefer a faster, cheaper (but decentralized) alt - ltc, dgb, xvg.

RapTarX

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Most of the times, if there's option for USDT (TRON chain) & Litecoin, I go with any of these as fee is quite cheap. Fee with BTC/ETH is a bit high when you consider paying for something. Well, when BTC fee is low enough, I don’t look for alternative.

Kakmakr

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I have a few food merchants that accept Bitcoin as a payment option ....so I buy lunch every day with Bitcoin. Other than Bitcoin, I deposit some ETH and TRX at my favorite casino to gamble and to have some fun.

I am lucky, because my employer gave me the option to pay me in Bitcoin (BTC) .... but I only accept 15% of my salary in Bitcoin... because there are too many of the expenses that I need to pay... that does not accept Crypto currencies. Sad

dothebeats

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I only ever tried using bitcoin to pay for something in less than 5 occasions. If there is an option for me to use bitcoins on a payment without being gutted by transactions fees and whatnot, I'd do it just for the experience. Sadly though, there aren't many such options, and it's economically and practically better to just hold your bitcoins and convert to pay for fiat on the things that you buy. At this point in time, bitcoin is extremely important to keep, due to the continuous uptrend it has been receiving.

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