Do you pay with crypto??? - page 4. | Bitcointalksearch.org

Wawa2013

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Quote from: Maslate on November 03, 2021, 07:49:01 AM

Quote from: Wawa2013 on November 03, 2021, 05:43:14 AM

Quote from: Rufsilf on November 02, 2021, 05:39:45 AM

Personally, I've been in this industry for over 5 years now and I don't recall myself using any coin as a medium for any transaction and aside from that, it's very hard to see any stores or shops that accepts bitcoin or any crypto as a mode of payment here in my country.

So, I think it's safe to say that I'm a fiat guy because I never experienced buying some sort of stuff or food using my coins. But it's good for me that I can maintain my asset because I always see it as a sort of investment rather than using it to pay stuffs and as long as I can, I won't touch it to buy any other things except for the returned profits I had from trades.

I believe you're not the only one having trouble finding merchants that accept crypto payments. Because many people also have trouble finding
merchants that accept payments. Moreover, in some countries forbid crypto to be used as payment, this is what most people end up using crypto
as a digital asset. Because my country is one of those that prohibits using crypto as payment, so if I want to buy something from the profits obtained
from trading crypto, I will first convert it to fiat. Even though I can't use crypto to buy things, I'm already grateful to be able to make money from crypto.

Number of merchants will grow as the popularity of bitcoin will grow.

The government will play a vital role in that, as without a regulation that supports crypto, that wouldn't be possible.
Right now in my country, there are only a few ways to spend crypto, not yet in our basic needs like food, but I still enjoy using it as I can buy online goods that are not in our country and most especially I can gamble using crypto without any problem.

In the end, I really hope that the government supports crypto, because after all the government does play an important role. Without
government support by legalizing crypto, it seems that many merchants will not dare to accept crypto payments. I believe that if all countries
in the world legalized crypto as a means of payment, many merchants would accept crypto payments. Moreover, the popularity of Bitcoin is
quite high since Bitcoin managed to reach new ATH twice this year. So a lot of people are looking into Bitcoin, and shop owners should be
happy to accept crypto payments, because it will definitely attract buyers if there is a crypto payment option. But again without government
support it is very difficult for many shops to accept crypto payments. Even though I can't use the crypto I have to buy things, but I am quite
entertained at least I can still use the crypto I have to play online gambling. And for the past few years I have had no problem gambling online
using crypto, playing online gambling is one of my entertainment on the weekend.

Jontokhan65

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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

I use bitcoins but very rarely in most cases I use USDT or BUSD because these are stable coins in the market.

Ryker1

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Quote from: Crptomagma on November 03, 2021, 11:53:45 PM

For me I will not spend my bitcoin for anything. Bitcoin is very precious to me. There are many other stable coins, I will prefer to spend my stable coins but bitcoin No.

Well, this is exactly what I am doing to do, I purchase online when I have profited in my holding bitcoin but when the price was down, I much prefer to hold my bitcoin rather than pay it on online store. That is right --bitcoin is hard to accumulate nowadays and it seems the price becomes more precious at this time and people perhaps regret seeing the price that we are in another ATH or another highest price level. But when the price goes up, cutting some profit is not wrong and that is the time I will use it or transfer to my bank account which is using fiat if there is a transaction online. Remember that there are too many things that alternate with bitcoin, for now --bitcoin for me is a valuable asset, not a mode of payment, sorry for that matter.

Crptomagma

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For me I will not spend my bitcoin for anything. Bitcoin is very precious to me. There are many other stable coins, I will prefer to spend my stable coins but bitcoin No.

elisabetheva

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Quote from: Congyang on November 03, 2021, 03:15:56 PM

Quote from: peter0425 on November 02, 2021, 10:58:01 PM

if given a chance of course i keep paying using My altcoins , but in my country there are very few that we can use crypto as payment method as most of the time we need to convert first into Fiat before transacting.

but my mostly use coin is Ripple because i have bought XRP when the price is super Low and now i am enjoying the opportunity to use as payment tools.

actually paying with crypto is not as bad as imagined.
it seems a shame to do but it doesn't hurt to try this just to add to the experience.
at least this is important for that although indeed when it comes to the prospects of crypto which is quite good in the future but it is not wrong to try this.

it's clear that can directly pay with crypto for purposes that we might also do using fiat. of course it is better to use it directly with crypto so that it obviously saves a few steps of work and may possibly reduce the burden of fees that must be incurred.
agree with you that there is no harm in trying to do while there is a chance to do so.
as long as it becomes easier and can cut the work that might be reduced, of course there is no harm in doing it and not reducing the essence of the purpose of what we are going to do.

Congyang

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Quote from: peter0425 on November 02, 2021, 10:58:01 PM

if given a chance of course i keep paying using My altcoins , but in my country there are very few that we can use crypto as payment method as most of the time we need to convert first into Fiat before transacting.

but my mostly use coin is Ripple because i have bought XRP when the price is super Low and now i am enjoying the opportunity to use as payment tools.

actually paying with crypto is not as bad as imagined.
it seems a shame to do but it doesn't hurt to try this just to add to the experience.
at least this is important for that although indeed when it comes to the prospects of crypto which is quite good in the future but it is not wrong to try this.

finaleshot2016

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Degen in the Space

Yep, sometimes I pay using crypto which is bitcoin but now I'm holding it.

In the past years, bitcoin value is not that much so I'm using it as a payment method and that's the time also where BTC's market movement doesn't change a lot.

But rn, I don't use it too much, tx fees are very expensive. Huh

AakZaki

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it is not easy to support bitcoin and adopt it as a legal tender like Fiat currency.
some countries do not provide full regulation to bitcoin because Bitcoin has a high risk of being used as the main currency. Bitcoin is full of speculation and high volatility, so it is still very risky for a drastic decline in value. The regulation of bitcoin in some countries has grown only to be limited to commodity trading.
Several other countries that accept bitcoin are still adapting the nature of bitcoin to their economic needs, such as El Salvador which has already accepted Bitcoin as a legal tender.

UmerIdrees

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Quote from: peter0425 on November 02, 2021, 10:58:01 PM

if given a chance of course i keep paying using My altcoins , but in my country there are very few that we can use crypto as payment method as most of the time we need to convert first into Fiat before transacting.

but my mostly use coin is Ripple because i have bought XRP when the price is super Low and now i am enjoying the opportunity to use as payment tools.

When it comes to payment on online sites or physical stores, we have limited options. Most merchants will only accept bitcoin or USDT. They may not accept ripple, bnb or any other coin. So bitcoin and usdt are the most common crypto which can be used for the payments.

I normally buy online using crypto and prefer to pay in usdt using the trc20 network and save on transaction fee.

isaac_clarke22

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Quote from: Wawa2013 on November 03, 2021, 05:43:14 AM

~

Because those merchants do not find the "right" reason to even include Bitcoin in their methods of accepting one. When they go digital transaction, they only think of DR and CR cards. When personal transactions, it is obvious that fiat comes first into their minds.
Unless they realized that decentralization is more than "no authorities involved", I don't think we will be able to find more merchants accepting Bitcoin soon.

ChiBitCTy

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I'm curious what type of project you have going on that has to do with this question you pose. I personally like paying for things in cryptocurrency. I believe that is what cryptocurrency is about, an electronic payment system. Sure there are now many other uses, but this is what it (bitcoin) was created for. I use bitcoin, litecoin, and ethereum.

zaesvlas

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Honestly, it is better to save cryptocurrency now than spend it.

bitzizzix

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Enjoy 500% bonus + 70 FS

Quote from: Maslate on November 03, 2021, 07:49:01 AM

Quote from: Wawa2013 on November 03, 2021, 05:43:14 AM

Quote from: Rufsilf on November 02, 2021, 05:39:45 AM

Personally, I've been in this industry for over 5 years now and I don't recall myself using any coin as a medium for any transaction and aside from that, it's very hard to see any stores or shops that accepts bitcoin or any crypto as a mode of payment here in my country.

So, I think it's safe to say that I'm a fiat guy because I never experienced buying some sort of stuff or food using my coins. But it's good for me that I can maintain my asset because I always see it as a sort of investment rather than using it to pay stuffs and as long as I can, I won't touch it to buy any other things except for the returned profits I had from trades.

I believe you're not the only one having trouble finding merchants that accept crypto payments. Because many people also have trouble finding
merchants that accept payments. Moreover, in some countries forbid crypto to be used as payment, this is what most people end up using crypto
as a digital asset. Because my country is one of those that prohibits using crypto as payment, so if I want to buy something from the profits obtained
from trading crypto, I will first convert it to fiat. Even though I can't use crypto to buy things, I'm already grateful to be able to make money from crypto.

Number of merchants will grow as the popularity of bitcoin will grow.

The government will play a vital role in that, as without a regulation that supports crypto, that wouldn't be possible.
Right now in my country, there are only a few ways to spend crypto, not yet in our basic needs like food, but I still enjoy using it as I can buy online goods that are not in our country and most especially I can gamble using crypto without any problem.

I personally don't have much hope like that until crypto is actually legalized in the country where I live and is available in all shops and so on to be used as a means of payment, because the only legal tender is fiat currency.
because I prefer to use crypto, especially bitcoin as an asset or long term investment and prioritize holding it over spending it for satisfying profit.
and i can still convert it if i really need it to make a purchase and i can also gamble using crypto so everything is fine, and most importantly i can still use crypto in any way without strict ban from the government and apart from that i can have a promising additional income from crypto.

Maslate

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Quote from: Wawa2013 on November 03, 2021, 05:43:14 AM

Quote from: Rufsilf on November 02, 2021, 05:39:45 AM

Personally, I've been in this industry for over 5 years now and I don't recall myself using any coin as a medium for any transaction and aside from that, it's very hard to see any stores or shops that accepts bitcoin or any crypto as a mode of payment here in my country.

So, I think it's safe to say that I'm a fiat guy because I never experienced buying some sort of stuff or food using my coins. But it's good for me that I can maintain my asset because I always see it as a sort of investment rather than using it to pay stuffs and as long as I can, I won't touch it to buy any other things except for the returned profits I had from trades.

I believe you're not the only one having trouble finding merchants that accept crypto payments. Because many people also have trouble finding
merchants that accept payments. Moreover, in some countries forbid crypto to be used as payment, this is what most people end up using crypto
as a digital asset. Because my country is one of those that prohibits using crypto as payment, so if I want to buy something from the profits obtained
from trading crypto, I will first convert it to fiat. Even though I can't use crypto to buy things, I'm already grateful to be able to make money from crypto.

Number of merchants will grow as the popularity of bitcoin will grow.

The government will play a vital role in that, as without a regulation that supports crypto, that wouldn't be possible.
Right now in my country, there are only a few ways to spend crypto, not yet in our basic needs like food, but I still enjoy using it as I can buy online goods that are not in our country and most especially I can gamble using crypto without any problem.

Wawa2013

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Activity: 1666

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Quote from: Rufsilf on November 02, 2021, 05:39:45 AM

Personally, I've been in this industry for over 5 years now and I don't recall myself using any coin as a medium for any transaction and aside from that, it's very hard to see any stores or shops that accepts bitcoin or any crypto as a mode of payment here in my country.

So, I think it's safe to say that I'm a fiat guy because I never experienced buying some sort of stuff or food using my coins. But it's good for me that I can maintain my asset because I always see it as a sort of investment rather than using it to pay stuffs and as long as I can, I won't touch it to buy any other things except for the returned profits I had from trades.

I believe you're not the only one having trouble finding merchants that accept crypto payments. Because many people also have trouble finding
merchants that accept payments. Moreover, in some countries forbid crypto to be used as payment, this is what most people end up using crypto
as a digital asset. Because my country is one of those that prohibits using crypto as payment, so if I want to buy something from the profits obtained
from trading crypto, I will first convert it to fiat. Even though I can't use crypto to buy things, I'm already grateful to be able to make money from crypto.

Kadal Ijo

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I shopped several times on online sites that accept bitcoin, ethereum and USDT payments, I think cryptocurrencies are very good because of the faster transaction fees and lower fees, I hope that more online shops and fintechs accept cryptocurrencies for payment so that it can improve marketing .

peter0425

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if given a chance of course i keep paying using My altcoins , but in my country there are very few that we can use crypto as payment method as most of the time we need to convert first into Fiat before transacting.

but my mostly use coin is Ripple because i have bought XRP when the price is super Low and now i am enjoying the opportunity to use as payment tools.

PeerSend

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I use BTC to buy literally 90% of what I buy.

You can buy 100s of online shops & restaurants gift cards, including Amazon, using BTC.

Tigerheart3026

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Quote from: Kodok Bencot on October 28, 2021, 10:57:55 AM

Until now I have never paid with cryptocurrencies, this is because in my country it is difficult to find outlets or online shops that accept crypto, I've seen online shops that accept bitcoin and ethereum, unfortunately when I tried to pay with ethereum it turned out to be a large transaction fee of up to around $9 and i cancel for crypto transaction.

those shops have to include others crypto there cheap transaction fee, as we know that about currently matic,tron and binance chain are very precious.
from long time ago i did not use bitcoin and ethereum in online shop also on the others stuffs because of large fee and delaying to confirm the transaction.

Rufsilf

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Personally, I've been in this industry for over 5 years now and I don't recall myself using any coin as a medium for any transaction and aside from that, it's very hard to see any stores or shops that accepts bitcoin or any crypto as a mode of payment here in my country.

So, I think it's safe to say that I'm a fiat guy because I never experienced buying some sort of stuff or food using my coins. But it's good for me that I can maintain my asset because I always see it as a sort of investment rather than using it to pay stuffs and as long as I can, I won't touch it to buy any other things except for the returned profits I had from trades.

Topic: Do you pay with crypto??? - page 4. (Read 1384 times)