Topic: Do you spend crypto? If yes, for what? - page 9. (Read 1480 times)
a few weeks ago I bought a game to my friend and I paid with crypto namely Matic, the transaction went very quickly and smoothly because the network fee was very low and fast. I understand that crypto is not a legal tender but it doesn't matter if both parties have reached an agreement, meaning that the buyer is willing to pay with crypto and the seller is also willing to accept crypto payments. if you mean larger capacity like shops and items you mean like clothes or groceries I've never done that because I haven't seen any shops or markets that accept crypto payments.
I once made a purchase of stuff using crypto around 2018, maybe July if I'm not mistaken. At that time ETH price was still around $450. I've bought some real coffee from a friend at Central Java, Indonesia. After that, I never bought real stuff using cryptocurrency again.
It's just a moment when you and your friend have an absolute agreement, and I'm sure your friend also knows about cryptocurrency so they want to accept it, while for a trader who doesn't know how cryptocurrency is, I'm sure he won't accept it in terms of any purchases.So what you are talking about also cannot be used as the main benchmark for purchasing goods through cryptocurrency.
Yes I buy something I like using my bitcoin/ crypto balance for my needs let me tell you a scenario
A friend of mine who will use bitcoin too and they have a small business then it's a big surprise at me that my Money is running out and can not sustain my daily needs like rice/ foods then I have an idea that what if I buy foods using my crypto and until now I used some of my btc to buy in my friends business.
A friend of mine who will use bitcoin too and they have a small business then it's a big surprise at me that my Money is running out and can not sustain my daily needs like rice/ foods then I have an idea that what if I buy foods using my crypto and until now I used some of my btc to buy in my friends business.
I once made a purchase of stuff using crypto around 2018, maybe July if I'm not mistaken. At that time ETH price was still around $450. I've bought some real coffee from a friend at Central Java, Indonesia. After that, I never bought real stuff using cryptocurrency again.
if you think about it for now it's better to hold bitcoin, the potential is now to have a good time at the end of the year for bitcoin. The need for goods for me depends on the need for use. if that is not on purpose to waste money for me is not important, I prefer bitcoin.
Some people is having that mindset of holding bitcoin and spend an ordinary money, why some people does something like that is because they have noticed that bitcoin is asset be when hold for long run the values appreciates for the longer you hold why money value depreciates from the longer you hold, is nice to spend money and hold bitcoin, i have given you an authentic differentiation between holding bitcoin for long run and holding money for long run 
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In my city, unfortunately, it is impossible to fully pay with cryptocurrency, but the main thing is that it should be, and you can buy or exchange cryptocurrency for something necessary in real life at any convenient moment with the help of exchangers.I hope that soon the cryptocurrency will become a full-fledged analogue of fiat money in the future.
The reason is that cryptocurrency has not been legalized in your country yet because the moment it's legalized in the country, many businessmen and women will begin to accept cryptocurrency as a payment in the city. Very soon, your government will make it legalized to all city to buy goods and services with cryptocurrency. Now that other countries that made cryptocurrency legalized in their countries are more doing well than those country who don't make it legalized in their country and they don't allow buyers and sellers to make use of the decentralized currency to purchase any items of their choice in the country.
I usually spend crypto in a centralized wallet where they have mobile load and data services. So far, everything goes smoothly until now. On top of that, I did spend cryptocurrency for buying vitamins from a close friend of mine who likes to experience getting paid in crypto.
Maybe later on, I’ll start buying plane or fastcraft vessel tickets, accommodation, etc., on websites that accepts cryptocurrencies like Travala. But I would like to see myself buying a coffee with crypto one day.
Maybe later on, I’ll start buying plane or fastcraft vessel tickets, accommodation, etc., on websites that accepts cryptocurrencies like Travala. But I would like to see myself buying a coffee with crypto one day.
Here's a question to the audience. Do you actually buy stuff with crypto, like services or goods? If yes, what kind?
Unfortunately our country india has no place to be able to buy goods with crypto, if there is I will do it.For seconds and now I'm still using crypto as in general, investing, gambling and trading, I'd love to do like you do buying goods without fiat money.
if you think about it for now it's better to hold bitcoin, the potential is now to have a good time at the end of the year for bitcoin. The need for goods for me depends on the need for use. if that is not on purpose to waste money for me is not important, I prefer bitcoin.
Bitcoin is indeed the main product that is always liked by everyone every year, especially now the price is increasing so it will be very good for those who want to buy some before the price becomes more expensive.And so far Bitcoin has also started to slowly improve again in the market, so it won't be wrong if you want to choose it now.
In my city, unfortunately, it is impossible to fully pay with cryptocurrency, but the main thing is that it should be, and you can buy or exchange cryptocurrency for something necessary in real life at any convenient moment with the help of exchangers.I hope that soon the cryptocurrency will become a full-fledged analogue of fiat money in the future.
I bought my first Nintendo gaming device using BTC as means of payment on January 9 2022 thanks to the seller for making this option available on his website and this was my first time using crypto as payment.
spending money in the crypto world is stupid, why? because it will make you fail to become a millionaire,
many people are born into millionaires because of crypto currency, that's why many people also believe in this future investment,
and if you are the other way around, of course it will make people also worry about you,
but if you have the right actions by having their own investment money, then that is something very good
many people are born into millionaires because of crypto currency, that's why many people also believe in this future investment,
and if you are the other way around, of course it will make people also worry about you,
but if you have the right actions by having their own investment money, then that is something very good
if you think about it for now it's better to hold bitcoin, the potential is now to have a good time at the end of the year for bitcoin. The need for goods for me depends on the need for use. if that is not on purpose to waste money for me is not important, I prefer bitcoin.
Someday I will definitely do it because for now I only think realistically about Bitcoin being sacrificed for an item that will later pile up into garbage, so ideally I would prefer to save Bitcoin rather than spend on things that can still be reached with fiat. That's one of my strong reasons, although there may be an online store near me that accepts Bitcoin payments. But then again, as a holder, I would definitely think twice and weigh the advantages between Bitcoin and certain items. Is it worth spending when Bitcoin becomes increasingly scarce and expensive, while goods will get cheaper and replaced with newer versions? 
Agree with what you said, for now it seems it's still not worth it to do this but this does not rule out the possibility for later until the time that I think is right for it.Bitcoin's movement is still pretty good for now and I personally feel very sorry if I do exchange my valuable assets for goods that I can indeed get with fiat or paper money.
but I also don't deny I've tried to do that but only once and it's only limited to trying to buy using bitcoin
If really you do online shopping which normally required the country you are transacting with currency and the company due accept cryptocurrency and especially bitcoin, because of charge and procedures of Fiat currency you will prefer using bitcoin, so try to shop online and make payment with bitcoin, you will understand and also differentiate the difference between making payments with fiat and cryptocurrency.
Someday I will definitely do it because for now I only think realistically about Bitcoin being sacrificed for an item that will later pile up into garbage, so ideally I would prefer to save Bitcoin rather than spend on things that can still be reached with fiat. That's one of my strong reasons, although there may be an online store near me that accepts Bitcoin payments. But then again, as a holder, I would definitely think twice and weigh the advantages between Bitcoin and certain items. Is it worth spending when Bitcoin becomes increasingly scarce and expensive, while goods will get cheaper and replaced with newer versions? 
I can only pay for a VPN using crypto, the rest is still difficult to buy goods with crypto because the law on buying goods with crypto is still not allowed except fiat.
But I don't buy physical goods but for internet needs, so I often buy with crypto, it's easy, but for a Binance card my area doesn't seem to cover it.
But I'm sure it will happen in the future.
Cryptos are labeled to as the internet of money so it makes sense if you have spent your crypto online by top upping digital services. Only El Salvador is the country that I know that allows direct purchase using a crypto. But I don't buy physical goods but for internet needs, so I often buy with crypto, it's easy, but for a Binance card my area doesn't seem to cover it.
But I'm sure it will happen in the future.
You are unlucky if you are not from this country but don't be sad because I believe that other countries will soon follow that step.
For now, you can only transact online if you want to use your cryptos directly because there are now shops online that accepts crypto payments and you can buy different items not only vpn. I found out that binance is a visa card so I think you can use it to shop directly on stores that accepts visa. Also on atm with a visa sign on it.
I sometimes buy something by some stuff that used crypto as payment. I have also some crypto cards from some companies. Spending crypto become easier and easier these days caused by so many parties have been starting to support cryptocurrency as a payment system as well. This payment system is also very effective as long as that's using a scalable chain or asset.
Im also using crypto to pay the bill as well. Cryptocurrency makes everything become even easier.
Im also using crypto to pay the bill as well. Cryptocurrency makes everything become even easier.
Here's a question to the audience. Do you actually buy stuff with crypto, like services or goods? If yes, what kind?
I've recently got a Binance card to play around with and use it to pay for everyday expenses. Works pretty well.
I've recently got a Binance card to play around with and use it to pay for everyday expenses. Works pretty well.
Nope because in my place crypto is not mainstream yet so their adoption is pretty low, so right now I'm just using it as my investment and future saving because I saw from year to year crypto price always increasing although there's some correction happened. I would like to use my crypto for payment when I buy something like goods or even services.
for now I have never bought anything with crypto, because there is no place that serves payments with crypto.
but buying stuff from the profit I get from crypto I often get it. many ways to be able to profit from crypto
for example, trading, participating in airdrops or jobs that pay using crypto.
I do too and just like you buy goods from the profits I get from trading or investing in crypto,but buying stuff from the profit I get from crypto I often get it. many ways to be able to profit from crypto
for example, trading, participating in airdrops or jobs that pay using crypto.
that's true actually there are many ways to make a profit in crypto but it's not something easy because either when investing or trading it takes a lot of preparation,
besides that the risk is also big and when we make the wrong decision then we will lose money
Here's a question to the audience. Do you actually buy stuff with crypto, like services or goods? If yes, what kind?
I've recently got a Binance card to play around with and use it to pay for everyday expenses. Works pretty well.
The first purchase i did in Bitcoin is for Buying Game card in one of my favorite Online game (but suddenly it is closed now) but I still remember this everytime there is a discussion like this.I've recently got a Binance card to play around with and use it to pay for everyday expenses. Works pretty well.
and also there is one of Online seller near my place that keeps accepting Bitcoin (and also XRP and Litecoin) that's why some of My stuffs and my wife's are being Bought using my crypto .
for now I have never bought anything with crypto, because there is no place that serves payments with crypto.
but buying stuff from the profit I get from crypto I often get it. many ways to be able to profit from crypto
for example, trading, participating in airdrops or jobs that pay using crypto.
lol you can seek in internet in which site offers buying stuffs using bitcoin , nowadays we can find seller that accepts crypto . but buying stuff from the profit I get from crypto I often get it. many ways to be able to profit from crypto
for example, trading, participating in airdrops or jobs that pay using crypto.
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