Crypto is all the rage and in all the news, so I was wondering: - Do people use it to buy/pay stuff? - If yes, how was the experience like? - If no, why not?
The first time I bought something at a physical location with Bitcoin was in 2012. It was a whole pizza and a few beers at a restaurant in Hawaii.
Then maybe a year later I was paid in bitcoin by a client in California for design work.
Both experiences were smooth. I particularly enjoyed accepting bitcoin as payment for working remotely. Something about it just felt right.
I pay my Treehouse monthly subscription with bitcoin and I have a credit card (tenx - pay) load with cryptocurrencies which I used it every day for shopping.
I really do like to use more cryptocurrencies. But Bitcoin is becoming mainstream only now, but with so many transactions the network is shitty for micropayments, at least governments haven't resources to track users. Looking forward the rise of new cryptocoin that resolve this =)
I just withdraw money for the lunch from a Btc Atm. Does it count?
That's awesome! :) Where was that? Do you have many ATM's there?
I've seen one in Helsinki...
Bitcoin ATM Radar maps the big ones out and lets you search near you.
Barcelona, Spain. There are only 14 atm at the moment :)
difficult to trade cryptocurrency
Right now, bitcoins are a promising thing, if I didn't have a big bitcoin wallet I don't know what I'd do. Many people don't even know where to start with easily and safely to prevent them from cheating or accessing anyone. It was official and anonymous. I know it is best to use the official bitcoin wallet https://bitcoinofficial.org here. I've already contacted you, and I know you can very easily create this Bitcoin wallet.
difficult to trade cryptocurrency
I prefer buying online everything I can as it saves time and money. Recently I've decided to do this using cryptocurrency. I bought medications at the online pharmacy that accepted Bitcoin. I should say, I was pleased with this service, and I'm going to buy something else using digital coins. Also I looked through the reviews on cryptocurrency platform https://revain.org/projects and found out that people have been using their currencies to purchase various services and goods for years.
I buy games on steam with it regularly. It helps when the price skyrockets overnight, feels like free money, ha.
Bought beer in pub and other electronics. Still think the barrier to entry is too high for the average consumer but when it works it's great - essentially just scanning a QR code.
The main niggle is if it takes a while verify the transaction - if you are in a queue at the pub this is very awkward!
I once paid a web developer to build a website for me, he never built it.
PS. It's irreversible. :(
I used bitcoin two years ago to pay for my flight tickets on airbaltic at no extra cost. The alternative was to use either credit card or paypal which would have carried an extra 2 to 7 dollars "convenience" charge.
There are loads of services that accept bitcoin including Steam nowadays.
Interesting you bring this up. I just saw one in a local pizza parlor in Jersey City a month ago. I didn't pay, but I thought it was an interesting location for one. Nothing else about the place indicates they would have such a modern way to pay. Great pizza too!
So far I've just used bitcoin and ethereum to buy other cryptocurrencies. I have one or two friends who used bitcoin to buy lotteries on this platform: https://trueflip.io
Nope. Never experienced a site/store that accepted BTC payments.
Yeah, I bought an expansion to Cards Against Humanity called "Crabs Adjust Humidity" with bitcoin once. It was kinda inconvenient.