Which Would You Use? | Bitcointalksearch.org

Negotiation

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Quote from: big_zeppelin on February 03, 2020, 11:38:08 PM

I’m much more convenient to use fiat money as a debit card. I rarely buy bitcoin using other currencies.

You just said that debit and credit cards are much more convenient when buying Bitcoin The risk of buying bitcoin should be avoided as most other currencies are not reliable now and they are scammed. Buying bitcoin with a new service will have many disadvantages.

big_zeppelin

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I’m much more convenient to use fiat money as a debit card. I rarely buy bitcoin using other currencies.

peter0425

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nope at any chance that i have?i would rather use Cash to purchase Cryptocurrency that i want,because lucky in my country that you can Buy 4 ranked currency using local wallet so i can easily get them using fiat so why need a debit card?
and i can directly buy other currencies from exchange using my wallet so that means there is no need for other party just me to make purchase.

dvmmayowa

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I prefer buying ETH or Bitcoin from OTC traders using my debit card, thereafter purchasing whichever digital currency i want to purchase us8ng their respective exchange platforms.
This has always been my method and so far it has been working out.

boyptc

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Quote from: lienfaye on February 01, 2020, 08:41:51 AM

Quote from: boyptc on January 31, 2020, 08:03:00 AM

I wouldn't use a credit card to purchase cryptocurrencies. I'd rather spend plain cash that I have for buying it.

I don't want to use something that I've borrowed for investment although I have the capacity to pay for it later.

Indeed, for me its not wise to use a credit card just to buy bitcoin because even how profitable investing in bitcoin is we cant guarantee to gain from this investment.

Its better to buy using the fiat money that I can afford to lose.

I think there's someone who loaned money for the purpose of investing bitcoin. And the bad part was he bought during the ATH and watched his money to decrease in value because the bear market has approached.

It's not advisable to use credit card or loan to invest for such volatile and risky investments like cryptocurrencies. But if you do consider it as a good debt, you are on a different level as an investor.

Naida_BR

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Quote from: charli9 on February 03, 2020, 05:04:09 AM

I use Bitcoin as a preferred method in mode of payment.

Bitcoin is more of an asset to my eyes.
I avoid spending it in making payments or spending it in order to purchase other cryptos.
Bitcoin is more for Hodling and raising in value.

charli9

newbie

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I use Bitcoin as a preferred method in mode of payment.

Hannu

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Quote from: mrquackquack on January 31, 2020, 05:52:41 AM

If given the option which you rather use to buy digital currency? Fiat in forms of debit and credit cards or other forms of digital currency i.e. Bitcoin Litecoin so on and so forth?

Stripe is one good thing to use. You can transmit an example back on Visa/Visa Electron/Prepaid MasterCard etc...

angs3147

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I often travel to other countries for work; I work with people all over the world. At one point, it became simply difficult to coordinate contacts because we have different times and it is very important to write a letter or call on time.
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allatrian

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We use fiat money at the moment in our daily lives, so it’s logical that at the moment it’s more convenient to use a regular debit card for these purposes. If you change fiat money to some other cryptocurrency, and after that change to bitcoin, then it turns out pointless - overpayment of fees.

crypto4jan

legendary

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Energy coin master

For now, Bitcoin and all other crypto are just an investment asset. We have Bitcoin city Arnhem, near where I live and there you can pay with BTC in restaurants and some shops in the city center. I have a lighting wallet and pay my beer when I go out but more use-cases are hard to find.
So holding a lot of cryptos is not smart and only the value you can afford to lose.
My favorite way to pay is with ApplePay, which goes very fast and is very secure.
I only use plastic when ApplePay is not possible. All the metal coins that I get as change go to charity.

lienfaye

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Quote from: boyptc on January 31, 2020, 08:03:00 AM

I wouldn't use a credit card to purchase cryptocurrencies. I'd rather spend plain cash that I have for buying it.

I don't want to use something that I've borrowed for investment although I have the capacity to pay for it later.

Indeed, for me its not wise to use a credit card just to buy bitcoin because even how profitable investing in bitcoin is we cant guarantee to gain from this investment.

Its better to buy using the fiat money that I can afford to lose.

Naida_BR

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It depends on the use.
I see cryptos as a digital asset which is not worth spending right away. If I wanted a digital currency in order to make some purchases I would go for digital fiat all the way and spend it immediately.

mrquackquack

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A couple of good points made, comes to another question are they really tracking your activity?

Ucy

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Compare rates on different exchanges & swap.

Depends on what you want. Use the former If you are not bothered about centralization, your privacy, keeping your money in the bank, etc
Use Bitcoin/real cryptocurrency if you want some privacy, transparency, to control your money, etc.

boyptc

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I wouldn't use a credit card to purchase cryptocurrencies. I'd rather spend plain cash that I have for buying it.

I don't want to use something that I've borrowed for investment although I have the capacity to pay for it later.

Negotiation

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I like credit cards the most when it comes to investing in the currency I use it myself and am more interested in buying a digital currency via credit card. It makes my transactions a lot easier and plays an effective role in working.

mrquackquack

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Well that makes sense. Thanks for the comment, so seemingly a debit or credit card would probably be more convenient.

cryiotic

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I think the answer depends on what a person gets paid for or what he usually uses as his main currency in everyday life. In my case, this is a regular debit card with fiat money, which I constantly use in my life. I would be happy to use other cryptocurrencies for this, but I do not have such an opportunity.

mrquackquack

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If given the option which would you rather use to buy digital currency? Fiat in forms of debit and credit cards or other forms of digital currency i.e. Bitcoin Litecoin so on and so forth?*

Topic: Which Would You Use? (Read 257 times)