How much Bitcoin a month do you usually spend on average at takeaway.com when at home?
How much Bitcoin do you usually spend on average at takeaway.com when you are on your vacation/holiday?
I am curious about the Bitcoin expenditure because it needs to be a worthwhile transaction considering the transaction fees involved.
Well, we don't order food that often, but i estimate one order usually sits between €50 and €70. At home, we place an order every couple of months (like ~6 times a year), when we're on holiday in a rented apartment, we order food ~2 times/week (when we're on holiday, we don't like to spend our time cooking meals, so we order out more often).
The transaction fees are more or less neglectible, i mean, at this moment, the recommanded fee for a 2 input, 2 output transaction is ~1680 satoshi's... That's only 12 cents, so for a €50 order it doesn't really matter that much.
I do agree that at times of mempool congestion and a fee bidding war, when fees rose exponentially, it wasn't a good idear to order €50 worth of food since you had to pay several euro's worth of tx fees to get your small tx confirmed. But these days luckily passed a long time ago, hopefully they don't come back any time soon.
Thank you for the explanation.
It looks like those examples you gave of approximately 6 annual takeaway food orders and whatever you might spend while on holiday fits a perfect example of what regular transactions Bitcoin should be used for, it is very much like mainstream getting closer and closer for mass adoption. Slowly but surely Bitcoin adoption is growing and it looks good as we go forward.
