Topic: Would you use crypto-currency to buy appliances? (Read 1849 times)

Today it is a usual practice

Why not, tbh, if I had a lot of BTC, I would probably use it to buy just about everything (provided I had a constant stream of BTC income)

I know you posted this 2017 but you need a change of mind Bitcoin is not all about hoarding, we should use it as what the developer intended us to use and that is peer to peer transactions if everybody is going to hoard and, it defeats its purpose, and Cryptocurrency will go standstill without development, we should promote usage and adoption for merchants.

I'm going to pick the third choice which is - ABSOLUTELY NOT!  I'm hording all of my Bitcoins. Why use bitcoin when you can use fiat instead? Bitcoin is too expensive so using it too buy anything just basically means that you are cutting all of your profits in the next years.

Once again, thank you to everyone for your feedback and input.  As of today, 11.15.2017, we are OFFICIALLY accepting BTC!!!  Stop by and check us out!

https://www.consolidatedfoodservice.com/

https://www.consolidatedfoodservice.com/blog/cfs-now-accepting-bitcoin/

NOW ACCEPTING BITCOIN!
LOUISVILLE, KY - 11-15-2017 -- Press Release -- Consolidated Foodservice launches Bitcoin payment integration. 

Bitcoin’s (BTC) spectacular rise in a few short years means it is now the world’s leading crypto-currency.  A leader in innovation, Consolidated Foodservice (CFS) is excited to announce a new initiative to become the first company in the kitchen and restaurant supply industry to offer commercial grade restaurant and kitchen equipment for purchase with the crypto-currency, Bitcoin. 

Consolidated Foodservice customers will be able to use Bitcoin to purchase a wide variety of commercial grade kitchen accessories and appliances from water filtration systems and refrigerators to walk-in freezers and much more.

At Consolidated Foodservice we feel that you either stay ahead of technology or you fall behind.  Since January 1, 2017 Bitcoins performance has grown a staggering 550% to a value of $6,500 USD!  As Bitcoin gains even more mainstream momentum and continues to grow exponentially, there are sure to be late adopters scrambling to play catch up as they believe Bitcoin is merely a “trend”.  CFS believes that Bitcoin is not only a viable form of currency, but the future of world-wide ecommerce - and a very exciting future at that!

Industry-leading Bitcoin payment platform Stripe will be processing the Bitcoin transactions. Stripe handles billions of dollars every year for businesses around the world and offers a significant leap forward in processing ecommerce payments.  Stripe's investors include PayPal co-founders Peter Thiel, Max Levchin, and Elon Musk. 
 
For additional information and to learn how Consolidated Foodservice can cater to your forward-thinking business, visit us at: www.consolidatedfoodservice.com, email us: [email protected] or call us at: 1-800-550-0706.

Thank you all for your valuable input!  At this point we are definitely moving forward with our Bitcoin initiative so it isn't a matter of "if" we will accept Bitcoin, but "WHEN"!!!     Please take a moment and answer the poll I posted so that we can begin collecting some hard numbers.  Everyone's input and feedback, up to this point, has helped solidify our decision and has helped point us in the right direction.  I will follow up with additional info as it becomes available. 

Thank you all, again!

I believe that it would be a great idea when we can spend cryptocurrency for the purchase of an appliance. when it will get involved in the Blockchain technology then this market will be more spread out around the world.
when someone can be able to use his or her crypto-currency for spending on the appliance then this system would be more popular, it is a simple case, when you give facility then people will come to you. so It crypto-currency should be used for any purposes in our life.

It depends if it cost me more money than paying with cash or credit then most likely not. Although I do want to promoto crypto so if it was not to much more than I would do it.. I tried to pay at a store with BTC not to long ago at a B%M sotre and the fee was 17% that is the problem with paying with crypto sometimes. For small purchases I don't mind paying a few dollars extra to help create awareness and support crypto but when you are talking over 500-1000 that 17% adds up fast with the sales tax.

Yes because by doing it I am promoting the use of bitcoin and make people aware that using bitcoin to buy things in a mall or supermarkets are hassle-free. I will start  the trend until every store owners in that mall will accept btc because they will see that there is a huge demand.

the currency issue will be the biggest issue for you.  are you planning keeping most of the BTC you receive or will you have to convert it to pay your employees, vendors, etc..  I saw earlier you mentioned you were thinking about the potential for refund abuse, but if you have to peg to the USD you will be staring at BTC price charts alot!

If the mall supports
I will
New way

I have never used my Bitcoins for any transaction l. I just trade it into fiat currencies which serves as an investment similar with forex. But I think today, companies are now starting to accept Bitcoins in exchange of services rendered and consumer products being bought. This is because they are now adapting the idea that Bitcoin is really something for future and development. It is a good way also for the company to have an additional means of payment, an option for their costumers and clients.

Yes., Ofcourse using cryptocurrency to buy appliances and any other thing that can be bought in malls,restaurant shops etc is a good idea. It is one way of introducing our Bitcoin externally.

I think in your cases there should not be even a question "when". Because it had to be done yesterday! The statistics given by you speaks for itself. Good luck

I think people will go with buying the appliances with cypto money because of its easy use and ordering internationally as well becomes easy because payment can be done with very low fees with btc or any other coin. Only thing is that international shipping delivery should exits with the company so that it can easily scale up its business.

very good idea,
i believe this idea will be come true, tomorow or next year.
because, future technological developments are still very long, and you are right as a leader

This is another progress that bitcoin has made as the coins was not created in the first place as assets to be trade in Stock Exchange market but to be used as money.your company accepting bitcoin for goods or appliance is to affirmed that bitcoin was made to be used as money for the purpose of buying goods and payment for services and not to hold as investment but a medium of exchange for goods and services. Hope more companies adopt bitcoin in future including big shops and companies.

Im using a debit card for bitcoin and i can buy everything on internet that accept debit card. Aside from appliance we can also buy stuffs and services online. Soon the whole word will become a cashless society. All we need is a phone and internet to pay for everything we wanted.

Yeah definitely have and would again.

How you folks estimate "The best"?