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Title: Which Would You Use? Post by: mrquackquack on January 31, 2020, 10:52:41 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?
Title: Re: Which Would You Use? Post by: mrquackquack on January 31, 2020, 10:54:35 AM 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?*
Title: Re: Which Would You Use? Post by: cryiotic on January 31, 2020, 11:55:42 AM 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.
Title: Re: Which Would You Use? Post by: mrquackquack on January 31, 2020, 12:13:06 PM Well that makes sense. Thanks for the comment, so seemingly a debit or credit card would probably be more convenient.
Title: Re: Which Would You Use? Post by: Negotiation on January 31, 2020, 12:34:49 PM 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.
Title: Re: Which Would You Use? Post by: boyptc on January 31, 2020, 01:03:00 PM 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. Title: Re: Which Would You Use? Post by: Ucy on January 31, 2020, 01:44:18 PM 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. Title: Re: Which Would You Use? Post by: mrquackquack on January 31, 2020, 05:57:37 PM A couple of good points made, comes to another question are they really tracking your activity?
Title: Re: Which Would You Use? Post by: Naida_BR on February 01, 2020, 07:33:33 AM 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. Title: Re: Which Would You Use? Post by: lienfaye on February 01, 2020, 01:41:51 PM I wouldn't use a credit card to purchase cryptocurrencies. I'd rather spend plain cash that I have for buying it. 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. I don't want to use something that I've borrowed for investment although I have the capacity to pay for it later. Its better to buy using the fiat money that I can afford to lose. Title: Re: Which Would You Use? Post by: crypto4jan on February 01, 2020, 01:57:06 PM 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. Title: Re: Which Would You Use? Post by: allatrian on February 02, 2020, 10:46:44 AM 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.
Title: Re: Which Would You Use? Post by: angs3147 on February 02, 2020, 10:50:02 AM Hi!
I want to tell you about this amazing website of exact time https://time-radar.com/ which really helped in time management. 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. https://time-radar.com/ really helped me at the right time to know the exact time in certain country. I highly recommend this website; it is very convenient and pleasant to work with it. Title: Re: Which Would You Use? Post by: Hannu on February 02, 2020, 09:49:37 PM 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... Title: Re: Which Would You Use? Post by: charli9 on February 03, 2020, 10:04:09 AM I use Bitcoin as a preferred method in mode of payment.
Title: Re: Which Would You Use? Post by: Naida_BR on February 03, 2020, 05:06:11 PM 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. Title: Re: Which Would You Use? Post by: boyptc on February 03, 2020, 10:45:03 PM I wouldn't use a credit card to purchase cryptocurrencies. I'd rather spend plain cash that I have for buying it. 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. I don't want to use something that I've borrowed for investment although I have the capacity to pay for it later. Its better to buy using the fiat money that I can afford to lose. 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. Title: Re: Which Would You Use? Post by: dvmmayowa on February 03, 2020, 10:50:53 PM 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. Title: Re: Which Would You Use? Post by: peter0425 on February 04, 2020, 03:30:53 AM 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. Title: Re: Which Would You Use? Post by: big_zeppelin on February 04, 2020, 04:38:08 AM I’m much more convenient to use fiat money as a debit card. I rarely buy bitcoin using other currencies.
Title: Re: Which Would You Use? Post by: Negotiation on February 04, 2020, 08:58:43 AM 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. |