Right it is one one the greatest, fastest, secured and highly valued cryptocurrencies ever, but aside from making a profit by depositing it, can it be used to buy stuff you need? What kind of places accept BTC as payment? Does it mean if you've got bitcoins in your wallet you can survive without fiat in your pocket?
Actually yes. Because you can cashout your bitcoin and make it as a fiat money. And with bitcoin you can buy everything you want. Fiat money and bitcoin are same, but bitcoin is untouchable and the Fiat money is touchable. So for over you can buy everything with bitcoin. And one more thing many online stoers now are accepting bitcoin as payment if you don't want to cashout your money. But for the bes us to cash out it and spend it as a fiat money. 
Topic: What exactly can you buy with Bitcoin? (Read 5291 times)
Not enogh things you can buy and thats why it is not used mor. But it will soon.
That's true but if you are engage with bitcoin business you can buy a lot of it. Just like if you are into information technology business, you can use bitcoin for buying some rigs like for mining or gaming. As there are a lot of merchants who are ready to accept bitcoin now. But in local places, the usage is still limited.
Yes in Brazil there are a lot of stores that are accepting bitcoin, I wonder on how many are the total stores now that are accepting bitcoin. I wish that I'm living in that countries where I can use my bitcoins freely. But I'm not able very limited resource and merchants. Also there are merchants that are allowing a customer from offshore and able to do shipping for any product that you will buy from them.
I can't find anything pointing towards any numbers or statistics telling me whether or not people actually use that payment option.
Mainly because of the fact that Bitcoin is seen far more as an investment tool rather than a currency tool. Also, how often do these webshops get checked to see whether or not they still accept Bitcoin?
I use bitcoin to pay for my rent and online stuff. Also when some of my friends pay for me (for a dinner etc) I repay them in bitcoins.
Coins.ph saved my ass recently. I traveled to Bohol for a week and ran out of pesos so I cashed out some of my coins. It works great. I wrote an article about it yesterday.
As bitcoin community grow and more and more users are being knowledgeable about bitcoin you can almost by everything here in the Philippines there is a financial services platform called coins.ph
Coins.ph saved my ass recently. I traveled to Bohol for a week and ran out of pesos so I cashed out some of my coins. It works great. I wrote an article about it yesterday.
As bitcoin community grow and more and more users are being knowledgeable about bitcoin you can almost buy everything here in the Philippines there is a financial services platform called coins.ph we can pay our utility bills , buy load , book a hotel , buy game credits , buy website domain and many more as many more users adapt bitcoin I believe that many door will be open and many goods will accept bitcoin as a payment system.
Not enogh things you can buy and thats why it is not used mor. But it will soon.
That's true but if you are engage with bitcoin business you can buy a lot of it. Just like if you are into information technology business, you can use bitcoin for buying some rigs like for mining or gaming. As there are a lot of merchants who are ready to accept bitcoin now. But in local places, the usage is still limited.
Yes in Brazil there are a lot of stores that are accepting bitcoin, I wonder on how many are the total stores now that are accepting bitcoin. I wish that I'm living in that countries where I can use my bitcoins freely. But I'm not able very limited resource and merchants. Also there are merchants that are allowing a customer from offshore and able to do shipping for any product that you will buy from them.
I can't find anything pointing towards any numbers or statistics telling me whether or not people actually use that payment option.
Mainly because of the fact that Bitcoin is seen far more as an investment tool rather than a currency tool. Also, how often do these webshops get checked to see whether or not they still accept Bitcoin?
This is a damn good question, and I've seen similar threads pop up from time to time asking the same thing.
The only thing I've ever bought (aside from other cryptocurrency) is a bunch of silver coins from Provident Metals. I have never seen a local merchant accepting bitcoin, and honestly I don't see any reason to spend it. Why buy something with bitcoin when I can do it so much easier with fiat--and there's buyer protection, usually.
I did get a discount at Provident, which was nice. Other than that I find fiat much better for spending. Still love bitcoin as an investment, though.
The only thing I've ever bought (aside from other cryptocurrency) is a bunch of silver coins from Provident Metals. I have never seen a local merchant accepting bitcoin, and honestly I don't see any reason to spend it. Why buy something with bitcoin when I can do it so much easier with fiat--and there's buyer protection, usually.
I did get a discount at Provident, which was nice. Other than that I find fiat much better for spending. Still love bitcoin as an investment, though.
One of the few things I will spend my Bitcoin on (though I usually replace them shortly thereafter) is for recharging my phone service. There is a service called Bitrefill that allows you to top up your phone quickly with Bitcoins. You could probably load up anyone's phone as long as you know their phone number and it is fast. I have no affiliation with Bitrefill at all, I just love the service. This way I don't have to leave a credit card on file with the phone company which gives me one less thing to worry about.
Well compared to the cosy of one BTC and what its really worth, charging a phone is a small thing. I mean can't you do it with fiat?
I can get BTC any time with PayPal but in order to charge my phone with fiat, it entails leaving the house and finding a place that sells top-up vouchers for my provider. There are none on my way to work so Bitcoin is much, much easier and faster plus I can do it 24/7 so I'm not constrained by retail store hours. That's important for a shift worker and I'm saving the planet by not using more gas to drive to the store
I think you can buy anything "buyable" with bitcoins without any restrictions if you go through third party companies like shopawl. They deal with big wholesale and retail shops like aliexpress and banggoods and so all you need to do is to procure your items through them and they will pay with fiat currency and then convert its equivalence into bitcoins for you to wire them. Some fees apply though but it's an alternative if the shop you intend shopping doesn't accept BTC.
You can use bitcoin via online. You can pay or buy online using bitcoin. You can also convert into cash then transfer in your bank account to make it cash on hand.
Right it is one one the greatest, fastest, secured and highly valued cryptocurrencies ever, but aside from making a profit by depositing it, can it be used to buy stuff you need? What kind of places accept BTC as payment? Does it mean if you've got bitcoins in your wallet you can survive without fiat in your pocket?
For now, bitcoin is not a legal currency that can be acceptable by all types of business. Yes you cannot survive without fiat on your pocket, because there is no Mc Donald or burger King's outlet in the world will accept your bitcoin payment.Well, for now bitcoin is have a good function when you buy something in the internet. It changed PayPal. It's easy to use and you can buy anything in online store that accept bitcoin as the payment.
Right it is one one the greatest, fastest, secured and highly valued cryptocurrencies ever, but aside from making a profit by depositing it, can it be used to buy stuff you need? What kind of places accept BTC as payment? Does it mean if you've got bitcoins in your wallet you can survive without fiat in your pocket?
You can buy every stuff that you want but in limited amount . Usually you can find many offers to buy things from the exchange of gift card like things at some sites like purse.io .But I will recommend you to buy product that you want from online site use your own fiat . I mean first convert your bitcoin into fiat and then use your money .
Because recently I heard that some carders( usually scammers ) are making gift card from carding and then sell at low price that is illegal . So use step to step procedure to use your bitcoin in better way .
When i read the heading of this topic , i understood that this might have been written by a Newbie.
Well you can buy many things with bitcoin . You can convert them to USD.
And if you convert you can buy everything.
Well thats pretty basic.
Now when it comes to buy things directly with bitcoins , there are only a few things.
Like till now i have only heard of Starbucks accepting transaction made in Bitcoin and Steam , for buying games.
Well i dont exactly know , there might be more stuffs accepting bitcoin.
Well you can buy many things with bitcoin . You can convert them to USD.
And if you convert you can buy everything.
Well thats pretty basic.
Now when it comes to buy things directly with bitcoins , there are only a few things.
Like till now i have only heard of Starbucks accepting transaction made in Bitcoin and Steam , for buying games.
Well i dont exactly know , there might be more stuffs accepting bitcoin.
I bought a domain with bitcoin once a year and I have been several times to buy electricity tokens with bitcoin. In my area there are some stores that accept bitcoin as a payment, but I've never tried because I am more interested in buying with bitcoin in online. I can not survive without the fiat though it has some of the bitcoin in the wallet because in my area bitcoin payments are not popular so I could not use bitcoin for payment. In direct payments, I also will choose fiat because it was more practical and faster. So I need both, bitcoin as online payments and fiat as direct payments.
I guess I will be able to buy anything with bitcoin payments.
Most of them are direct bitcoin payment and very few are accepting bitcoin through some exchangers. Even gold ornaments are available for bitcoin payment in my region.
I haven't tried real estate deals through bitcoin payments, so not sure about that.
Most of them are direct bitcoin payment and very few are accepting bitcoin through some exchangers. Even gold ornaments are available for bitcoin payment in my region.
I haven't tried real estate deals through bitcoin payments, so not sure about that.
As of yet I've only bought domains and web hosting and namecheap with bitcoin. Have not seen any local merchant to accept it but I guess apart from a few eCommerce websites that accept bitcoin, the most you could do with it is buy some services online.
Not enogh things you can buy and thats why it is not used mor. But it will soon.
That's true but if you are engage with bitcoin business you can buy a lot of it. Just like if you are into information technology business, you can use bitcoin for buying some rigs like for mining or gaming. As there are a lot of merchants who are ready to accept bitcoin now. But in local places, the usage is still limited.
I have used Newegg.com and Purse.io. Purse.io you can buy anything on Amazon. So far it has worked well for me.
If many places, stores etc accept btc yes you can live without fiat money. Many times I have used my credit card which I have my btc and it worked perfect for me.
very honestly in my area i can use bitcoin for recharging my mobile. i have heard that in USA there are so many store where you can use bitcoin just like fiat and can buy any thing with it without changing it in fiat currency. to me whenever i feel the need for money i convert my bitcoins first to fiat and after that i use it for completing my needs.
Not enogh things you can buy and thats why it is not used mor. But it will soon.
Right it is one one the greatest, fastest, secured and highly valued cryptocurrencies ever, but aside from making a profit by depositing it, can it be used to buy stuff you need? What kind of places accept BTC as payment? Does it mean if you've got bitcoins in your wallet you can survive without fiat in your pocket?
So far I never experience it yet to eat in a fine dining restaurant even in the coffee shop like starbucks where I'm going to pay my order via Bitcoin. But we had already here that accepted bitcoin. also I'm using it to pay my billings every month. 
Now still bitcoin is not achieve everything. So don't think that if you have bitcoin in your wallet than you could buy everything with it. Now change your thinking, I want to tell if you have bitcoin for investment wise, than definitely it give you good profit, and may be in future you think why not you are buy a lot of bitcoin with your fiat money.
But it is right we couldn't buy everything with bitcoin, so should keep fiat in your pocket.
But it is right we couldn't buy everything with bitcoin, so should keep fiat in your pocket.
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