On location with broken phone; How to pay? (Bitcoin, Monero, or ectc.) - page 2.

dkbit98

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Quote from: Marcus1968 on April 29, 2023, 07:47:42 AM

Hello everyone, Suppose I want to pay for my consumed meal in a restaurant. But my phone with wallet, (or my hardware wallet) just broke; How do I pay then? Is there a crypto solution that I can still pay? Or is the only solution, that I have to make a verbal promise with the shop owner.

You can always use your laptop or netbook with bitcoin wallet installed for payment instead, but chances of you having all your devices broken is really small.
For people who are saying that laptop is big and stuff like that, there are simple small devices that can be transformed in to DIY hardware wallets, based on TTGO T-display, ESP32 devices, etc.
Last option is paying with Bitcoin notes, paper wallets, or just use cash payment, this is anonymous and you don't need to use any electronic device for them.

MainIbem

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That's why you need to backup your seed phrase in about 2 to 3 places if such thing happened you could call a friend to help you sort out the bill after which you got back home then you login the next device were you saved your details and import them back to sell out your bitcoin or what currency you hold in that wallet. At this point a broken smartphone or hardware can not proffer a solution to your bills so they only way is either you phone a family relatives or friends to assist you with the bill after which you got home you sell and pay back to them.

decodx

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Quote from: BIT-BENDER on April 29, 2023, 08:24:56 AM

It’s obvious you tell them to either put it on their credit note or they can trust you to follow you, so is it in this very situation, you are outside and the device you have for crypto-currency transactions is gone/broken there is no hope for you in such situations except there is a bitcoin ATM in proximity.
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If he doesn't have access to his crypto wallet, a Bitcoin ATM would be of no help to him. However, if he used cash to buy bitcoin at the ATM, he could use it to pay the restaurant bill. But I find it hard to believe that a business would only accept cryptocurrencies and not fiat.

OP, there is another solution. You can simply text the payment information to someone who has access to their crypto wallet to do the transaction for you. You can pay him back later.

BIT-BENDER

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It’s a question that answers itself, okay let me put it to you like this if you weren’t a crypto-currency enthusiast and you have such encounter where you have no cash and no cards to pay for what you purchase what would you do?

It’s obvious you tell them to either put it on their credit note or they can trust you to follow you, so is it in this very situation, you are outside and the device you have for crypto-currency transactions is gone/broken there is no hope for you in such situations except there is a bitcoin ATM in proximity.

You can learn more about bitcoin ATM here.
https://www.fool.com/investing/stock-market/market-sectors/financials/cryptocurrency-stocks/bitcoin-atm/

decodx

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Quote from: Marcus1968 on April 29, 2023, 07:47:42 AM

Hello everyone, Suppose I want to pay for my consumed meal in a restaurant. But my phone with wallet, (or my hardware wallet) just broke; How do I pay then? Is there a crypto solution that I can still pay? Or is the only solution, that I have to make a verbal promise with the shop owner.

Regarding Bitcoin, Monero, or ectc.

Thanks for the answers. Wink

Well, if your phone and hardware wallet are both broken, you could always try the old fashioned method of paying with actual cash! Or, if you're feeling brave, you could offer to wash dishes in the kitchen as payment. Just kidding! Cheesy

But seriously, it's always a good idea to have a backup payment method on hand, like a credit card or some spare cash in your wallet, just in case of emergencies. Suppose your wallet isn't broken, but you have no internet connection as a result of a network outage. How would you pay then? You never know when technology might fail you!

Marcus1968

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Hello everyone, Suppose I want to pay for my consumed meal in a restaurant. But my phone with wallet, (or my hardware wallet) just broke; How do I pay then? Is there a crypto solution that I can still pay? Or is the only solution, that I have to make a verbal promise with the shop owner.

Edit: I mean the above, assuming that Bitcoin or Monero has become mainstream, commonly used money in society; That paying in cash is no longer an option.

Regarding Bitcoin, Monero, or ectc.

Thanks for the answers. Wink

Topic: On location with broken phone; How to pay? (Bitcoin, Monero, or ectc.) - page 2. (Read 315 times)