It's my first time to buy a physical goods with Bitcoin
Topic: Have you used Bitcoin as Real money to buy Real/physical goods? - page 31. (Read 30614 times)
I just do it yesterday, I bought a "real" jacket with Bitcoin
It's my first time to buy a physical goods with Bitcoin
It's my first time to buy a physical goods with Bitcoin
Yes, I do groceries with Bitcoin. I go out for diner or the pub, and pay with Bitcoin. I pay for physical products and 'real' services weekly with Bitcoin!
Really? Do they accept Bitcoin or are you doing that with a Bitcoin Debit Card like Bit-x?In major cities (especially in northern europe) there are a lot of pubs and businesses that provide for bitcoin payments. In my city in the USA, the waiter usually brings over a tablet and shows you a QR code. I then scan the QR code and send btc to the address and that's that. They don't even make me wait for a confirmation (thank God, that would have been terrible during the spam/stress-tests).
Yes, I do groceries with Bitcoin. I go out for diner or the pub, and pay with Bitcoin. I pay for physical products and 'real' services weekly with Bitcoin!
Really? Do they accept Bitcoin or are you doing that with a Bitcoin Debit Card like Bit-x?In major cities (especially in northern europe) there are a lot of pubs and businesses that provide for bitcoin payments. In my city in the USA, the waiter usually brings over a tablet and shows you a QR code. I then scan the QR code and send btc to the address and that's that. They don't even make me wait for a confirmation (thank God, that would have been terrible during the spam/stress-tests).
Yes, I do groceries with Bitcoin. I go out for diner or the pub, and pay with Bitcoin. I pay for physical products and 'real' services weekly with Bitcoin!
Really? Do they accept Bitcoin or are you doing that with a Bitcoin Debit Card like Bit-x? 
Yes, I do groceries with Bitcoin. I go out for diner or the pub, and pay with Bitcoin. I pay for physical products and 'real' services weekly with Bitcoin!
My only "real" purchase with BTC is a Ledger wallet.
Uh ok, there was a misinterpretation... Localbitcoins has escrow already, why Bitpay or Coinbase can't set it up as well?
They might allow refunds, I'm not sure. But I think they also exchange the Bitcoin for fiat immediately, so they no longer hold the Bitcoin. They also allow the merchant to withdraw sooner than other companies do. Instead of waiting a few months, I think they only wait a few days before letting merchants withdraw their funds.Also, there is a problem of how to refund people. Do they refund the Bitcoin paid or the exchanged currency equivalent amount of Bitcoin at the time of refund. E.g. if I want a refund for something I bought for 200 USD with 1 bitcoin do I get a refund of 1 Bitcoin when its price is 300 or do I get 200 USD worth of Bitcoin?
You see? Everything can be done
Instead of converting immediately Bitcoins to fiat, hold them for 15 days.
I think the second problem is just a matter of choice.
As basically nobody can know how the Bitcoin market will evolve, they can choose the politics they want.
Uh ok, there was a misinterpretation... Localbitcoins has escrow already, why Bitpay or Coinbase can't set it up as well?
They might allow refunds, I'm not sure. But I think they also exchange the Bitcoin for fiat immediately, so they no longer hold the Bitcoin. They also allow the merchant to withdraw sooner than other companies do. Instead of waiting a few months, I think they only wait a few days before letting merchants withdraw their funds.Also, there is a problem of how to refund people. Do they refund the Bitcoin paid or the exchanged currency equivalent amount of Bitcoin at the time of refund. E.g. if I want a refund for something I bought for 200 USD with 1 bitcoin do I get a refund of 1 Bitcoin when its price is 300 or do I get 200 USD worth of Bitcoin?
I buy gyft cards all the time and just load my amazon account with them. Save 3% this way.
Why you say that refund is impossible?
The system should have one additional field of Bitcoin address in case of refund, that the user should fill as well when buying.
That's as easy as that, or am I missing something?
Yes but it's not impossible at all.
When you use Paypal, and you ask for refund, you are not receiving some banknotes, the exact banknotes you gave to the shopper, right?
Paypal is granting for you.
Well the same should happen with Bitcoin.
I can't see a difference.
Sure, it must be a LARGE company, able to take into its shoulders some small fraud, but if you think that Bitcoin costs are far below the ones Paypal has to pay, it won't need too much time until a company like this will appear.
It could be Paypal itself that will begin to adopt Bitcoin, exactly to just cut legs to any other big company that could enter and take their place.
Uh ok, there was a misinterpretation... Localbitcoins has escrow already, why Bitpay or Coinbase can't set it up as well?
Well I used to buy physical goods with my bitcoins but not directly as bitcoins payment which I will say to the counter that I will pay via bitcoin. I went to the shop (National Bookstore) to buy a book to my brother but were lack of money because we are surprised with the price. I suddenly used my online wallet app then convert my bitcoins instantly into cash then withdraw it in the near ATM.
Why you say that refund is impossible?
The system should have one additional field of Bitcoin address in case of refund, that the user should fill as well when buying.
That's as easy as that, or am I missing something?
Yes but it's not impossible at all.
When you use Paypal, and you ask for refund, you are not receiving some banknotes, the exact banknotes you gave to the shopper, right?
Paypal is granting for you.
Well the same should happen with Bitcoin.
I can't see a difference.
Sure, it must be a LARGE company, able to take into its shoulders some small fraud, but if you think that Bitcoin costs are far below the ones Paypal has to pay, it won't need too much time until a company like this will appear.
It could be Paypal itself that will begin to adopt Bitcoin, exactly to just cut legs to any other big company that could enter and take their place.
Why you say that refund is impossible?
The system should have one additional field of Bitcoin address in case of refund, that the user should fill as well when buying.
That's as easy as that, or am I missing something?
Yes but it's not impossible at all.
When you use Paypal, and you ask for refund, you are not receiving some banknotes, the exact banknotes you gave to the shopper, right?
Paypal is granting for you.
Well the same should happen with Bitcoin.
I can't see a difference.
Sure, it must be a LARGE company, able to take into its shoulders some small fraud, but if you think that Bitcoin costs are far below the ones Paypal has to pay, it won't need too much time until a company like this will appear.
It could be Paypal itself that will begin to adopt Bitcoin, exactly to just cut legs to any other big company that could enter and take their place.
Why you say that refund is impossible?
The system should have one additional field of Bitcoin address in case of refund, that the user should fill as well when buying.
That's as easy as that, or am I missing something?
I bought some stuff on NewEgg with Bitcoin. It was ok, but not necessarily too different than ordering the traditional way. I guess if you didn't have a credit card or bank account it would make this more attractive as you could still order online.
The one thing I noticed and did not like was the fact that by paying with bitcoin you basically give up any return rights. The best you can hope for it a NewEgg gift card, where you would need to buy something else from NewEgg. I suppose you could possibly sell it to someone else in order to get your Bitcoin or cash back, but this would be an additional hassle and you would probably have to sell if for a slight loss. i.e. $200 gift card for $175. I assume this is probably due to them using Bitpay as their processor, so they are not handling Bitcoin directly.
While it is great to see merchants accepting Bitcoin, until it becomes a true two-way currency I see it continuing to having an uphill battle with mainstream adoption. Once you can get your Bitcoin refunded I think the game will change.
The technical aspects of Bitcoin make it impossible to refund. But if people were honest, then they would give refunds if they handled the Bitcoin themselves. I'm sure that once big merchants start accepting Bitcoin that they will still give refunds in Bitcoin if they didn't do it through a processor. It makes them much more credible. The problem is that most places that accept Bitcoin use a processor and don't handle the money themselves. Neweg uses Bitpay and many of the other large places that accept Bitcoin such as Dell and Microsoft all use either Bitpay or Coinbase.The one thing I noticed and did not like was the fact that by paying with bitcoin you basically give up any return rights. The best you can hope for it a NewEgg gift card, where you would need to buy something else from NewEgg. I suppose you could possibly sell it to someone else in order to get your Bitcoin or cash back, but this would be an additional hassle and you would probably have to sell if for a slight loss. i.e. $200 gift card for $175. I assume this is probably due to them using Bitpay as their processor, so they are not handling Bitcoin directly.
While it is great to see merchants accepting Bitcoin, until it becomes a true two-way currency I see it continuing to having an uphill battle with mainstream adoption. Once you can get your Bitcoin refunded I think the game will change.
Why you say that refund is impossible?
The system should have one additional field of Bitcoin address in case of refund, that the user should fill as well when buying.
That's as easy as that, or am I missing something?
How much bitcoins does a cake shop lady have?
Never pay bitcoin on real world because bitcoin at my place still lack of interest.
Being able to purchase something with bitcoin in real world will be my great experince
Same here....just purchase bitcoin to buy some goods through this forum
Being able to purchase something with bitcoin in real world will be my great experince
.....
However, I'd also say that when I've bought stuff online with bitcoin and it gets shipped to me that's also "real/physical goods" it's just not face-to-face.
However, I'd also say that when I've bought stuff online with bitcoin and it gets shipped to me that's also "real/physical goods" it's just not face-to-face.
Same here....just purchase bitcoin to buy some goods through this forum
I bought some stuff on NewEgg with Bitcoin. It was ok, but not necessarily too different than ordering the traditional way. I guess if you didn't have a credit card or bank account it would make this more attractive as you could still order online.
The one thing I noticed and did not like was the fact that by paying with bitcoin you basically give up any return rights. The best you can hope for it a NewEgg gift card, where you would need to buy something else from NewEgg. I suppose you could possibly sell it to someone else in order to get your Bitcoin or cash back, but this would be an additional hassle and you would probably have to sell if for a slight loss. i.e. $200 gift card for $175. I assume this is probably due to them using Bitpay as their processor, so they are not handling Bitcoin directly.
While it is great to see merchants accepting Bitcoin, until it becomes a true two-way currency I see it continuing to having an uphill battle with mainstream adoption. Once you can get your Bitcoin refunded I think the game will change.
The technical aspects of Bitcoin make it impossible to refund. But if people were honest, then they would give refunds if they handled the Bitcoin themselves. I'm sure that once big merchants start accepting Bitcoin that they will still give refunds in Bitcoin if they didn't do it through a processor. It makes them much more credible. The problem is that most places that accept Bitcoin use a processor and don't handle the money themselves. Neweg uses Bitpay and many of the other large places that accept Bitcoin such as Dell and Microsoft all use either Bitpay or Coinbase. The one thing I noticed and did not like was the fact that by paying with bitcoin you basically give up any return rights. The best you can hope for it a NewEgg gift card, where you would need to buy something else from NewEgg. I suppose you could possibly sell it to someone else in order to get your Bitcoin or cash back, but this would be an additional hassle and you would probably have to sell if for a slight loss. i.e. $200 gift card for $175. I assume this is probably due to them using Bitpay as their processor, so they are not handling Bitcoin directly.
While it is great to see merchants accepting Bitcoin, until it becomes a true two-way currency I see it continuing to having an uphill battle with mainstream adoption. Once you can get your Bitcoin refunded I think the game will change.
I bought some stuff on NewEgg with Bitcoin. It was ok, but not necessarily too different than ordering the traditional way. I guess if you didn't have a credit card or bank account it would make this more attractive as you could still order online.
The one thing I noticed and did not like was the fact that by paying with bitcoin you basically give up any return rights. The best you can hope for it a NewEgg gift card, where you would need to buy something else from NewEgg. I suppose you could possibly sell it to someone else in order to get your Bitcoin or cash back, but this would be an additional hassle and you would probably have to sell if for a slight loss. i.e. $200 gift card for $175. I assume this is probably due to them using Bitpay as their processor, so they are not handling Bitcoin directly.
While it is great to see merchants accepting Bitcoin, until it becomes a true two-way currency I see it continuing to having an uphill battle with mainstream adoption. Once you can get your Bitcoin refunded I think the game will change.
The one thing I noticed and did not like was the fact that by paying with bitcoin you basically give up any return rights. The best you can hope for it a NewEgg gift card, where you would need to buy something else from NewEgg. I suppose you could possibly sell it to someone else in order to get your Bitcoin or cash back, but this would be an additional hassle and you would probably have to sell if for a slight loss. i.e. $200 gift card for $175. I assume this is probably due to them using Bitpay as their processor, so they are not handling Bitcoin directly.
While it is great to see merchants accepting Bitcoin, until it becomes a true two-way currency I see it continuing to having an uphill battle with mainstream adoption. Once you can get your Bitcoin refunded I think the game will change.
If I'm honest the only thing I've ever bought with bitcoin is a Trezor. I gamble with bitcoin & that's it. My main goal with bitcoin is HODLING as an investment for the future. I'm seeing my stash as a store of value which hopefully in the future will make me a lot of money. I'm not really interested in spending any of my coins apart from gambling with some of the money I get from signature campaigns.
I've also bought a trezor and some casascius/lealana coins.Can't think of any real world purchases that aren't directly related to Bitcoin.
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