Bitcoin Forum

Is it just me?

Save using gift cards, or the rate app portal, I basically have no choice but to use a bitcoin debit card if I actually want to spend my BTC. I have never actually seen a real store that actually accepts bitcoin. At least a brick and mortar. I live in NC, near the SC border. save the Research Triangle, bitcoin is still absolutely unknown in these parts. Is it better in more metropolitan areas, or is this pretty much the case across the whole US?

It's not just you, I feel exactly the same, just a hassle.
To the point I'd rather deal with FIAT.

In my country bitcoin is an not an option. You can only spend fiat here.

Yeah I face the same issue, whenever I want to make a purchase I am forced to use my debit card or just paypal. I can't make any transactions using Bitcoin online and in real life, I haven't ever seen a "Bitcoin Accepted Here" sign ever.

It just isn't an option in my country and other countries, even if Bitcoin was to be accepted, transaction fees would be too much.

yes I myself do admit it is not too much, store stores that provide payment by using bitcoin, maybe not in your own region, in my region also there is no store payment provider using bitcoin, most bitcoin for online payment ,, my suggestion do you need to go to the metropolitan city to get a store service that serves payments using bitcoins.

I live between New York and Philadelphia; even in the cities, I haven't come across any places that accept bitcoin. Like you said, bitcoin-linked debit cards are basically the only option right now if you want to actually spend your bitcoin; selling them on an exchange is quick, but then you have to transfer the money out, which takes at least a day. It's not ready to be used for everyday transactions large-scale yet anyway, transactions are far too slow. Nobody wants to wait an hour and a half for 3 confirmations just to pay for their groceries. Running errands would be impossible without planning it all out hours before.

Well, you're situation is definitely better than in my country. There's no Bitcoin debit cards, and just like you there are no actual stores which accept Bitcoin as a payment system. Not many people know about Bitcoin as well, and you'd have to exchange your BTC into fiat for you to be able to spend it. The bitcoin users in my country aren't given that much options either.

Anyway, I plan to hold my bitcoins rather than spend so I don't mind that much. Also, the local exchange wallet provides fast and easy service for those who want to exchange their BTC into local fiat currency.

OK, every time I spend bitcoin I instantly regret it.   Lately that is. And that's because of the deflationary nature of it.  There's no way in hell you'll catch me complaining about the dearth of merchants that accept it.  I'd much rather use fiat for buying stuff and keep btc in my wallet.   Does anyone feel the same?

I did buy some junk silver recenty--and here we are pushing $5000!  I don't regret it,  but that shows you the opportunity cost of spending btc.

For me it is not a hassle, despite it is not known to many in our place and you can count on your fingers a store that accepts bitcoin as payment. It is about perspective, why we have to force bitcoin that is it not yet ready, or our community to adopt it. Use bitcoin where it is accepted, bitcoin is a digital currency and it is very useful in an online transaction. It is very inconvenient for me to go outside and make a long bee line to make a payment for a single bill. That scenario makes hassle for me.

I find it ironic that you guys in a very developed country like USA are finding it hard in dealing with Bitcoin. And amazingly, here in my country things are getting better and better though we still do not have many merchants dealing with Bitcoin we can easily convert our Bitcoin into cash anytime and there are already many ways in placed for us to receive the money fast.

Well, your experience can be the big reason why many Bitcoin holders would prefer to just hold it like an investment or an asset rather than use it in everyday transactions. It would still take many years before we can an explosion of merchants especially those who are just around the corner to accept Bitcoin as it is now more of a speculative tool or something to invest with because we are anticipating for the value to  rise fast.

For me, using Bitcoin in everyday life is not a hassle but rather a convenience. There are no stores either localnor online in our country that accepts Bitcoin but I can convert it into fiat before using it. It is giving me an extra hand in my daily expenses. Aside from that, I'm earning more from it rather than my current job. Bitcoin is a blessing and convenience for me.

I wonder about this too. The more we hold because its so hard to spend, the more the price goes up (well that and the ceaseless enthusiasm of bitcoin investors). The higher the price goes up, the less feasible it is to use bitcoin as money, given the fees. Im starting to think bitcoin isnt really appropriate for day to day transactions; in this price range, it really is better served being a store of value rather than a currency. We will be spending satoshis if we keep this unsustainable price growth up.

And due to AML/KYC in the states, if you convert btc to fiat electronically, you are looking at base three days until you see cash. If you use any other method (in person, bank deposits via LBC), you run a risk of being scammed, or at the least, having your funds held during an escrow dispute for some unknown amount of time.

I live in an area where people will never accept bitcoins. People live off of welfare and child tax benefits. They'll never be able to understand what they're missing out on. This is why it's hard to spend bitcoins in everyday life, no one understands them yet. Not well, I'll be able to buy lots in 20 years!

Here in our country bitcoin is not yet an option if you will pay for foods or items or transportation.  But we can always topup our phones using bitcoin and even makes it easy for us to pay our bills without going in lines.  But as to everyday transactions like buying foods and grocery it is not an option.

That's really annoying when you can't use it the way it should be, lucky for me cause even bitcoin isn't available to use paying groceries or restaurant our local exchange allow us to pay our bills so its convenient for me to use bitcoin so I don't need to fall in line and being hassled but just a click away and everything are settled.

Definitely give it time. Bitcoin has been around for quite a while, but for the general public it is still quite new. Countless comparisons have been made to the 1990s, when the Internet started generating buzz. If we knew then what would be possible only a few years later, we probably wouldn't have believed it. Look at credit cards before and after tap payments were introduced. Before that technology, I always used to wonder why they couldn't streamline that process to do away with swiping and entering pass codes.

Anyway, the point is, if history repeats itself (which it is known to do), this problem won't be a problem for too much longer.

Over time of course the bitcoin development that continues to experience a positive improvement will be accompanied by improvements in the bitcoin system to provide convenience and convenience to the user in making the transaction.

That's correct, in most of the countries there isn't an option to use BTC everywhere. It's just on the Internet and that too very few sites. TBH as far as ease of use is concerned then fiat is way lot easier to use.

In India Bitcoin adoption is rapidly increasing and the government is even planning to legalise it, but still merchant adoption is somewhat nil. Unocoin, India's one of the leading bitcoin exchanges have partnered with a couple of online stores to accept bitcoin and recently one of the restaurants in a metropolitan city started accepting bitcoin, that's it. Only one physical store accepting bitcoin in India.

There is no hussle for me in this bitcoin.
The only hassle for me in bitcoin is when i realize how much waste time and being late in holding a bitcoin. :-\

Many other stores do not accept bitcoins. Especially now it's too high for a fee when you're sending other wallets. So other people would probably like to fiat money to accept it. But others who accept it as in the USA have some restourant here who accept bitcoins. Many really do not know. Hopefully the bitcoins fee is fixed and we'll be able to get it back in time to be totally hassle free.

if you want to use bitcoin in local store, You have to wait for a while because even if you live in big city, there are not always local store accepting bitcoin. the solution for you is you need to exchange your bitcoin with local seller in localbitcoin or else so you can have the money to buy something. for me, i think what i am suggesting to you is the best solution right now as we don't have any option to buy something with our bitcoin and only use it in online sites.

I just feel the hassle when using bitcoin is not accepted yet nor no merchants. But let's just hope in the near future merchants will be happen that would easy to use bitcoin as payments. If this would happen it will add more users to the bitcoin community.

I must say that I have used bitcoin only for online purchases in the past.
And I have even stopped that.
When I look at the increasing price, I always feel like I'm burning money if I am using my bitcoins as a form of payment.
And I am sure many other people feel the same.
Maybe that is the reason why it's hard to find places that accept bitcoins: Nobody uses them anymore. They are just too valuable.

For now I don't feel hassle of using bitcoin in my everyday life. Maybe the hassle when I did not grab the chance to buy when the price is cheap. Even planning to use bitcoin in any stores there is no one to find in my country. Instead saving btc would be the best in my everyday life.

There are many hassle of using Bitcoin in my everyday life. In our country Bitcoin is not acceptable everywhere.Government don't give permission to use Bitcoin.On the other hand most of the people of our country are not aware of Bitcoin. There are not to many shops or super markets who take Bitcoin as money.There is only one way to spent Bitcoin and it is to exchange your Bitcoin into cash and spent it.It is not acceptable as to everyday payment like buying necessary things ,pay electricity bill or taxi rent.

I also want to experience buying my stuff in satoshis but there are no signs of it happening for at least 2 years. Every cloud has a silver lining and if my bitcoins are not being used at the moment, in future when its value will be so high, I will be able to buy more things in less BTCs.

Yes it is true that it is not usable as it should be. If someone want to buy something, it is not easy for him to pay from his bitcoin wallet until it is common in the whole world. Why it is so, because of the bad management I think so. I also want to buy more bitcoin but there is no specific place from where I can buy it so in the future I earned more and more money while selling my bitcoin.

Definitely is a hassle and a bit of a learning curve about it all. I just use mine as investment and don't look to spend it, eventually I guess I will either reinvest or just cash it in.

maybe it just you, i dont think bitcoin is a hassel. some countries like russia has now a wide range of stores and establishments that accepts bitcoin also they had an bitcoin atm. also on our  contry the some banks now aproved bitcoin to be legalize and recognized as a  payment system. bitcoin is now widely spreading worldwide and maybe the your in a country that bitcoin is prohibited or illegal?

Just a small percentage of all stores accept bitcoin.
Of course it's more of a hassle paying with btc than with cash, or with your atm card.

I'm pretty sure it's not just him.

Maybe because Bitcoin is a digital money so you can really uses it hassle free when you are using an internet but it will eventually be accepted in the near future for many branches of businesses in the world just wait that time to come. But for now you can use some website that sells what you want to buy in real life, as everything almost become digitalize.

for now, better save some now or a lot. Many establishments will soon accepts btc so by that time you must have btc to use it. I prefer btc as a savings than for spending.

it would be better to start saving with bitcoin from now on because it will be very profitable in the future, though by holding bitcoin in purse for 2 years time you can already get big advantage from bitcoin.

Yes I agree that not all people have the same opportunity in using Bitcoin as a mode of transaction on a daily basis. Because there are differences on the fact that there are specific regulation each countries and region of the world. For me the number one thing to consider on using Bitcoin as a form of transaction it is price. People that would likely want to earn may hesitate on dealing with daily transaction becasue they think more on investing and holding for them to earn more.

we're still in the beginning of the rise of cryptocurrency, especially bitcoin, there just a few merchant in the world that accept it as a payment method, thought because it's still not promising to provide this services. I've never use a bitcoin debit card , but it can be used to local bank ATM, I think I will try it. But still, there still about 3% or less users of crypto currency in this world. And thats why I've said that we're still in the beginning of the rise of cryptocurrency.

Yup that's totally right. I've tried to buy stuff more than once online and in real life using bitcoins but failed to find a legit shop that accepts crypto.
I guess it still has a lot to do until it's worth trying to use it.

The only thing I successfully bought was some amazon and psn gift cards from some websites. They accepted btc and ltc.
Not that much people know about crypto where I live so we can easily say that there's many years ahead of us for crypto to become how we want it to be.

he's right,bitcoin might be still unknown to others , the users of bitcoin are still difficult to find a merchan that accepting bitcoin, and how to cash out it quickly. that's why users are prefer to just hold it as an asset, than use it in everyday transaction.

I don't think it is a smart decision to use bitcoin for everyday life because if we will use it like a regular money then we are losing the chance to make a lot of money in the future because the price of bitcoin is not stable and it might go up in the near future so if you are going to just spend it for daily basis activities then you are losing the chance and opportunity.

in my country bitcoin / alcoin is not a choice here. all of them use conventional money. not many companies developers use bitcoin as a means of payment, and it gives bad effects for bitcoin users, because it will have complexity in terms of transactions and reduce bitcoin / alcoin effectiveness as global currency.

Where I live, no goods accept bitcoin. Where I live is also. Because coin is not stable, no store accepts bitcoin payments

Have you ever wondered why it is a hassle though? I mean almost no one accepts it in real life, so of course it is going to be a hassle until more and more places begin accepting it and before you know it we will be using it for daily purchases!

Every once and awhile i think about how much wealth ive lost buying things with BTCitcoin over the years.  When I heard predictions of BTCitcoin reaching a $1000 I laughed at the idea.  Now i read about 100k BTCitcoin and i dont bat an eye. Of course it will. Just a matter of time. 

No you're not alone. I was in states between 2012 and 2014, nobody was accepting bitcoin as a peyment method and it's still the same despite 3 more years. Nothing changed so far. And it's likely to stay the same like this. They couldn't adopt bitcoin as a payment way, somehow...

For me it is not actually hassle because I never treat is or will use it as payment. It is an investment that I do not use for transaction of consumer produects and services. I only check the prices and I will cash it out if I need the money. But maybe in the future, it will be used and be common to more people. And with that, it will be easier for people because it is an additional option for transaction. And instead of cash, people can transact digitally which will be just a tap away from mobile phones or other devices.

When I was driving south to Florida about 10 years ago, Starbucks
was apparently unknown in the Carolinas, because I couldn't find
one to save my life. Point being, stuff takes time to change. I tend
to agree that it is currently nearly impossible to find a b&m place that
accepts bitcoin, but that'll change.  There are online merchants that
do take it, and that's enough for me.  I don't see a reason to spend
crypto when you can spend fiat.

If that is the case in the US, then it is more likely the same for most parts of the world, or worse. There are only a handful of countries that have taken the initial steps in making bitcoin more acceptable for daily transactions. Japan, Korea, Australia, and Russia are among the countries that come to mind, but it is by no means a countrywide thing. Maybe there are just certain areas where we can expect usage of bitcoon to be higher given that it is something rather new in the eyes of the oridnary people.

Just wait until Bitcoin becomes mainstream. This will be one of those threads we look back at and laugh (when the price is $1,000,000). Everyone will be using Bitcoin easily by then on our smartphones. :D

I doubt we would ever get to the point where everyone would be using Bitcoin! let's be realistic and grateful that Bitcoin is what it is, instead of wishing for things that may spoil the entire party, should they show up. Are we forgetting that Bitcoin is a threat to local currencies, aside from few progressive minded governments, will every other government willingly support Bitcoin and facilitate the provision of enabling infrastructures they would make most dreams here a reality? The answer is no. So then the challenges and not hassles we face in trying to use Bitcoin is actually nothing compared to the pains not having it at all entails.