Bitcoin Forum

Bitcoin's popularity has been increasing ever since the bull market of 2017 took place. Even with the pandemic, prices have recovered to their original levels (near $10k) in just a matter of months. More people are accepting Bitcoin worldwide, albeit at a slow and steady pace. I've seen many sites out there in the online world which accepts Bitcoin for goods and services. But the number of businesses and merchants accepting it for food or groceries are quite limited. In the physical world, supermarkets and even fast foods haven't even adopted Bitcoin yet. Fiat is still the predominant type of currency in the mainstream world, for buying items that are required for one's survival.

Do you think that in the future it'll be possible to buy food or groceries with Bitcoin? I know that volatility is a huge issue for Bitcoin to be accepted as an alternative to traditional Fiat, but merchants and businesses could quickly convert Bitcoin to a stablecoin minimizing the risk of loss. What are your thoughts? ???

Again, merchants are basing it on demand. "If" for the next 5 years, we see a huge spike on bitcoin's demand I wouldn't be surprised is small to mid level online merchants began to accept because their customers are more willing and want to see them as an "option" for regulars like credit/debit or PayPal. Here in my country we have seen growth in terms of cashless payments. So maybe in the future, bitcoin will be readily accepted even by big companies not just in food or grocery sectors.

Price hike or price surge should not be a determine factor for btc acceptance, when people accept btc it should be because of the usefulness and effectiveness of it, the ability of btc to provide seemless services to people more than the traditional fiat currency, when you accept B over A it should be because B is better in every aspect and serve 100% purposes more than A,

Eventually ones people start seeing the difference between using btc and using fiat which is more convenient and less expensive to use the demand to use it will grow faster,  whether it is businesses or individuals, ones they understand this important aspect, then I believe popularity, acceptance, adoption etc will happen massively.

It is. The third-party services will intervene in this technology so that these merchants or supermarkets can easily control their bitcoins received and convert them to cash. In that way, they don't have to worry about the volatility of bitcoin if ever they already know that there's a way to change it to fiat. That's the problem that these merchandisers, supermarkets, and other establishments when somebody asks them to receive bitcoin. They thought that there's no service like that in favor to their likes as a business entity.

I don't think that grocery markets accepting Bitcoin will be so popular in the future. It's a cool startup idea and can improve crypto adoption, but it isn't very convenient for retailers.

Who knows what the future holds, btc is gaining popularity and recognition everyday that passes, new stores are accepting btc slowly, if using btc to buy groceries is more cheaper than using fiat I think people will start using btc to buy eventually in the near future, for now, many people are still very comfortable using fiat to make payments whether it is online or offline.

There is option for cover the volatility like Bitpay and in futyre more option may come. I do not think that will be an issue in future to be resistance in Bitcoin to be used to buy food and groceries. I just read this, FED claiming Bitcoin as another form of fiat- https://www.coindesk.com/is-bitcoin-fiat-new-york-federal-reserve

With the number of people knowing a thing about bitcoin versus the population of the entire world that uses fiat, I think that it is still a long way before we can balance the scales, not many have the access to the technology and the cap of bitcoin is not enough for the billion population of the world since there will be individual imbalances on how much someone is holding. The future is not something that we should worry that much about because we will get there when we get there.

there are two problems that i see preventing or at least slowing down such adoption.

first is the very small adoption of bitcoin itself. so far not that many people know about bitcoin and from those people a small percentage have actually bought bitcoin. and finally from that small percentage, even a small percentage are also willing to spend their bitcoins as they would any other currency and instead prefer holding it as an investment.
so when the demand for the grocery store to accept bitcoin is very little to non-existent in some places, we can't expect them to start accepting bitcoin.

second problem is the fees. not just them being high from time to time (although that is also a downside) but them going up during spikes. it creates bad experience. imagine paying with the recommended fee then suddenly there is a spike and your fee is no longer high enough. it has happened to me multiple times and at most i had to bump the fee 3 times to get it to confirm after making a trade. and that turns people away and that little percentage i mentioned above also joins the other percentage in holding as an investment instead.

We certainly need more adoption of BTC, that's for sure. When I see the whole Crypto marketcap for the last two years still sitting under 300 Billion USD, that is a very small market compared to other financial markets. So I agree that we have a long way to go yet. I am trying to educate my family into using Bitcoin and so far it's only myself and my father who actually use and hold BTC. I am the only member of my family that lives on the Blockchain and I live entirely from Bitcoin as my salary form my main job is paid to me in BTC. The more people enter the Bitcoin market, the more popular it will become to use and more merchants will adopt it.

This topic has been discussed so many times.What's the point of starting the same discussion all over again.
Bitcoin will most likely remain to be used as "digital gold" and online financial asset.
Do you go to the grocery store to buy food using real gold,stocks and bonds?I don't think so.
Accepting BTC payments and then quickly converting BTC to a stablecoin makes the whole process of BTC adoption pointless.
If the merchants are so afraid of the BTC price volatility,they would never accept Bitcoin payments anyway.

Basically it's part of what we can do to take advantage of our current situation, transacting using bitcoin might be hard in the beginning because you might need to copy paste the entire wallet address, and the other option which is to scan QR code is also hard considering its security flaws. If ever bitcoin transaction develops, we can use it to buy literally anything else faster than fiats. It just needs to have a few considerations.

On the other hand, buying goods while you are at home is more appropriate, you don't need to go outside as they will directly deliver it to your home and what you just need to do is to sanitize what you bought.

When are you people going to learn that price is not related to daily usage?

By tomorrow the price could spike to 100k, do you think that there will be x10 people buying stuff with BTC? No!
If that would have been the case by this time we would have either reached a constant 10$ fee, a thing that would have killed the trend on its own or the lighting network would be on fire. But it's not!!!!

Seriously, look at your own transactions, and then make a percentage regarding those in which you have bought groceries or food or even electronics online, now apply that percentage to the 300k daily transactions and you will realize bitcoiners all over the world make fewer purchases a day that a single Walmart.

Why do you think merchants are not opting for bitcoin payments? Do you think they are that stupid? Do you think that people running successful chain stores for decades are simply stupid and some kids on a forum know better? There is a simple problem, other than shouting on the forum, there is no real-world demand for those payments! Why would a chain store with 10 million clients implement this solution, go through the legal trouble, make contracts with 3rd parties, instruct their cashiers, buy equipment for 10-20 customers who would anyhow have bought the merchandise with cash or card?

Bitpay which is the largest processor right now is doing an enormous...100k transactions a month (https://bitpay.com/stats/)! 3k a day, half of them going for prepaid cards, hosting, and internet subscriptions.

Nope, as long as 99% of people buy bitcoin as an investment there will be no increase in spending thus no incentive for merchants to offer it as a payment solution.

Heh. You're undermining the essence of Bitcoin as a cryptocurrency with this comment of yours. Bitcoin would be used for daily necessities, almost like fiat, if and only if its volatility disappears (or an alternative for when the volatility remains) and when Bitcoin adoption is seen as a currency, not as an investment. Tbh, the reason for it's volatility is mostly because of the latter condition I said, it's seen as an investment, not as a currency.

Once it turns into the scenario where volatility is gone and is seen as a currency, adoption should follow sooner or later tbh. It's mostly for that reason that only a few e-commerce sites even accept BTC as payment, and why no Physical stores accept Bitcoin (Grocery stores)

We know how to use Bitcoin and we know its advantages and disadvantages. Sadly Bitcoin has an impediment: the laws. There are governments that do not accept that their citizens use it and the nations that accept it are developing measures to tax for their use. Merchants have not wanted to adopt it because of disinterestedness or do not want to handle complex technologies. There could be many reasons but I have pointed out these for being the ones I know from my country.

Going forward about the adoption of bitcoin will increase where many will accept bitcoin as a legal payment tool and of course it will be used easily if buying food and staples will feel easier to use bitcoin, on the other hand bitcoin is still used to buy goods and finished services for food in the future we will reach it.

I am sure the public will accept this because for me it is so easy to do when dealing with a Qr scan.

I think it would be possible in the future, the number of the user of bitcoin is increasing, it means that the bitcoin becomes more prominent all over the world, in some of the days or in the future, bitcoin can be used for so many things like ordering some foods, hotel reservation, etc. Bitcoin could be used as fiat currency as well, maybe it could happen in the future, its volatility could be an advantage and disadvantage of it but if you are really a believer of the bitcoin you would believe that it could be possible in the future.

I think that is because most people don't know about crypto, especially bitcoin. And if they want to buy something at the supermarket, fast food, or another physical store, they can use credit and debit cards, which means they don't have to use fiat money. That prevents them from the Covid-19 spreads because of using paper money, and they can keep their hands clean. Besides using credit and debit cards, they also have another digital payment that store on their mobile phone, so they can directly deposit to their account, and they can buy what they want.

I am sure that in the future, we can use crypto to buy in the groceries and the local store, but perhaps, we are not only using bitcoin but also using the other coins as the payment system. It's a matter of time for people to know and learn crypto, and once they know the crypto, I think they will encourage each other to use crypto for many things, including buying at the local store.

Therein lies the issue. People say they want more merchants to accept bitcoin, they want to spend their bitcoin on more things, they want to use bitcoin as a currency, but they do absolutely nothing to create demand for it. Merchants aren't going to take the time to start accepting bitcoin, setting up wallets and services, training staff, navigating tax issues, etc., if there is no demand for it. People complaining on a forum achieves nothing. If anyone wants to use bitcoin as a currency, go out and create demand for it. Talk to retailers, merchants, vendors about accepting it. Prioritize using those who already do.

This is completely backwards. People won't suddenly start using bitcoin is a currency "when" the volatility stops. If bitcoin becomes a near global currency, then the volatility will be much reduced, not the other way around.

Bitcoin is slowly being adopted already globally but unfortunately, most of the Bitcoin users aren't merchants.

Yes there are some merchants maybe that are accepting Bitcoin as another mode of payment aside from the fiat and maybe some other crypto. Buying food or groceries using Bitcoin in the future is still possible but I don't know when or if it will happen though. Unfortunately, most of the Bitcoin users sees it as an investment or an asset where you will hold it for a long time which is not really like that. Bitcoin has been created as another payment solution but most users don't see it like that which is quite disappointing IMO.

For me, accepting Bitcoin in the market is always possible but not for everyone. Merchants can accept bitcoin as payment if they are willing to accept it, and that they trust bitcoin. I just think that adopting bitcoin payment is not for everyone, and it's not about the popularity or demand because sellers who do not have any idea about it won't find it effective since they can still earn with regular payment methods. But for those who know and trust bitcoin, they can accept bitcoin willingly.

We don't have to wait for years to see if people would be open to it as a payment method because it depends on the seller. It may be hard to find shops that are open to bitcoin but in my country, I have heard that some shops actually accept crypto payments before, I just don't know if they still do. But the point is if the shop owners are fond of bitcoin and crypto, they can accept it. It's just rare to find that kind of shops these days but for sure there are.

I don't think that it would be a great idea, the volatility of the bitcoin could be the reason why it is not too good to be true, there would be no store that would accept bitcoin for payment because on the bitcoin price goes down then their business would fall as well. It is really risky for them if they allow it to happen. I think they should have a fixed price for the product and can be paid by the bitcoin.

So crypto cards make it very easy to pay with bitcoin and other crypto currencies.  You pay with your BTC and the merhant will receive fiat. The only problem here is still the volatility of your cryptos.

This will be possible as long as btc is already widely known by people in the future. As long as btc will be used as a currency already. If a lot of customers are using btc, then groceries, shops, and even other services will also accept it as payments because their customers are using it. However, I think there will still be a lot of problems because of fees, its volatiltiy just like you say, and etc. If it happens in the future I think others will still use btc as an investment.

This is the fact that most crypto enthusiasts didn't use Bitcoin as a payment method in any merchants or any e-commerce businesses. They saw the potential of holding on it as an investment than spending as a payment. But there are some small merchants who understand the volatility of Bitcoin, they accept crypto especially Bitcoin as a payment method in a convenient way, but the Bitcoin holders didn't like to use Bitcoin as a payment.

Based on this article, Popular Payment Methods Worldwide (https://jumpseller.com/learn/payment-methods/). Bitcoin or digital currency is the last option and the most popular is credit/debit cards.

• 1. Credit/Debit Cards
• 2. E-Wallets
• 3. Payment Gateways
• 4. P2P payment
• 5. Digital Cryptocurrencies

Yeah, that's very futuristic. I think that those markets will only accept fiat because that is a traditional currency that we are using for a long period of time. Bitcoin only existed since 2009 and that's pretty new for some people who are not that technologically inclined. They are not that knowledgeable in using bitcoin and they don't have idea how it works because it is a centralized currency. It is less hassle for some grocery market business to use fiat in any transactions that they are making. YES, this will be a good step on a bitcoin adoption soon but I don't see it feasible during this time. It is a great idea to use digital currency in that point of view, but it is not that necessary and useful right now due to some economic crisis that we are experiencing.

Bitcoin has gained popularity over the past few years especially in 2017 when price of 1 BTC was equal to $20k. Right now people are adopting bitcoin as an alternate method of making payments and buying goods and services but if I talk about my country many people are still not aware of cryptocurrency and those who know are not embracing it over other methods of making transactions. According to my point of view one of the reason why buying groceries by paying BTC is not a rational decision because when BTC will be transferred from buyer to seller there will be deduction of charges which can be avoided by paying flat money.

I don't think volatility is the main issue here. Bitcoin has been more of less stable lately, and there can be a mechanism set up for automatic price adjustments and regular conversions of payments into stable coins or fiat. I think the fees are the main problem. When I transfer Bitcoin somewhere, it's usually 0.01-0.02 per transaction. It costs less than a dollar sometimes which is great, but it's a few dollars more usually. The problem is, when I go to a grocery store, I usually don't spend more than 30 dollars (that would be 0.003 BTC), and the transaction fee becomes more significant in comparison. Not to mention that those conversion fees would most likely fall on customers as well.

It could be the risk, Accepting bitcoin as a payment in business meaning you're also risking your business as you are investing the money you are getting in your business.

We know how important (cash) in a business, you might lose a big capital as it is risky to invest in bitcoin. But it would be great if your already an investor, and start accepting bitcoin. As long as you could sustain your business it would be good to go and accept bitcoin.

That's is much easier if merchants are not afraid with volatilities, they can accept bitcoin with automatically exchange to their local fiat, though it's still a long journey for this cryptocurrency, as people who don't have any ideas about this type of currency will be hard to convinced switching from the original payment process that they all knew.

In the otherside, people who are living where technology is really growing chances that they'll be able to embrace this type of payment process.

This is a long-discussed issue. I have seen that in fact, many places have accepted Bitcoin payments, even in my country, there are universities that have tested tuition payment method in Bitcoin. However, I think this method is not popular in grocery stores. Although Bitcoin is gradually gaining popularity, its volatile nature of prices is a barrier. Besides, fee per transaction is also an issue.

Yes, it is possible but maybe in the future.
That's it, volatility is the main issue of bitcoin, but converting that bitcoin to stablecoin will be another process for merchants. Maybe it might be better if you suggest to those merchants that they should accept stablecoins instead of bitcoin, right?

I do not agree with all this talk about volatility. There are plenty of ways in which merchants can protect themselves from volatility. There are third party payment processors, such as CoinPayments and CoinGate, who will handle everything for the merchant, give a USD-adjusted price in bitcoin to their customers, let the customers pay in bitcoin, and then immediately deposit a converted amount of USD (or other fiat) to their accounts. The merchant is literally never exposed to any volatility at all. If they don't want to trust a third party, then they can use BTCPay to set up their own payment server, auto-forward any payments to their own account at an exchange and sell for fiat. The benefit of the latter option is the merchant can choose to keep some of the bitcoin as bitcoin and not convert it all, which they can then use to keep as profit, pay their suppliers, pay their staff, etc.

The discussion above regarding fees does have some merit to it when the fees are high, but with the continued development of the Lightning Network, then hopefully this won't be as much of an issue in the future.

It is easier to pay, but just imagine that you are planning to buy just small amount of goods to pay but the fees are overwhelming. Unless you do buy in bulk, I guess it's not worth it to pay more fees just for small stuff. Unless you are wealthy enough.

In my country, I don't see any grocery store, etc. personally but I heard in the capital city there are one or two mini-stores that accepts bitcoin. Since 2017 I don't see any improvement in that I only see bitcoin ATM was added by one bank. Back to the topic, I have seen some videos before by some vloggers paying with bitcoin on japan on several stores which are really amazing. I don't know what system those stores are using on phone but it confirms very fast but not as fast like credit cards or bank's digital wallets which is pretty instant. I hope those stores are not using large fees to make it faster  :D

I found 1 video: https://www.youtube.com/watch?v=qbNG66nQdqA

There are a lot of factors to be considered before bitcoin get such scenerio. Bitcoin don't have the easiness of using as of fiat. You can carry a card and pay with that while with bitcoin, there are barely any of such cards existed. Most of the people won't use it because of the volatility and so does the merchant themselves. It's one of the resistances toward real life adoption. I guess we need more times; more development, more of services which can settle the volatility, easiness of use etc.

Volatile price is the factor here. Suppose retailer buy a pen with 0.0001btc, next day the price of btc may go up or down and price of the pen will fluctuate too. But in future, btc will be more stable. Undoubtedly btc is profitable digital currency in theory. In reality the way is not easy. But crypto is quite secure and reliable asset and In my opinion, crypto will cover all aspects of life, in future

If Bitcoin will more stable than running situation then all online shop and groceries will be wanted to accept it and we will could buy things at cheaper rate. I think all renowned online shop like AliExpress, amazon they will accept BTC very soon, because now the demand for bitcoin is increasing worldwide, and online stores will accept BTC for the sake of their business, because the "advantage of the buyers payment method" is more important to them. The day is not far when we will have the opportunity to use bitcoin everywhere.

Sure, that can be possible but just as the OP suggested it will be best to have traders mostly become aware of the use of stable coins just to reduce any form of volatility should the market crash. But I am sure some traders would also want to experience some volatility should the market rise just to make profits whiles holding their bitcoins.

Buying food or groceries with Bitcoin is a good idea but there is some problem. The price of Bitcoin is very volatile so many people are not interested in buying and selling everyday items with it. Moreover, Bitcoin's transaction fee is a little high at present that many people are not interested to pay for small transactions due to high transaction costs. Yet most people collect bitcoin usually for trade and to earn income from it. Many top companies already accepted bitcoin but if it is possible to maintain the price stability of Bitcoin and make the cost of its transactions less, it will be possible to buy and sell food and groceries worldwide.

An app which merchants or buyer can just send the Tether (USDT) instead of BTC when buying products may just work for this. This I think will make them comfortable in accepting BTC when they know its price can fluctuate immediately after receiving. Two things are solved in this process, less transaction fee and also stable money for them that they can cash out to fiat.

I'm sure it will be an option. 10 years ago you weren't able to order food with Bitcoin and now you can. There are even services that connect multiple food delivery services and accept bitcoin payments. With LN it will be much easier and much cheaper, so I bet groceries will also be a thing.
The question is whether people will choose to spend their valuable coins instead of fiat money. IMO this is going to be a bigged deterrend than volatility because you can run payments through a service that will convert it instantly into fiat money, so there's no risk for the merchant that he'll get less than he should.
I prefer to spend fiat and hold bitcoin whenever I can so spending it on grocerise isnt going to become a big trend, rather a niche thing.

I am among those who believe that food can be bought with bitcoin in the future, we only need to do a bitcoin promotion continuously,
so there will be many businesses and merchants that accept payments with bitcoin. Most people now use bitcoin for trading and investment,
that's why the common people do not recognize bitcoin as currency. Starting from ourselves from now on try spend bitcoin by buying food or
something. So there will be many people affected to use bitcoin as a currency.

That possibility could happen, as long as the local government legalized buying and selling transactions using bitcoin. When will it happen? I don't know, because so far I think national currency is very effective for instant and micropayments, so there is no urgent reason to use cryptocurrency. If we look at the corona pandemic, where non-cash payments are preferable to avoid physical contact, then there is an alternative to using e-money. Once again, cryptocurrency is not yet a superior alternative. But it does not rule out the possibility that someday, as cryptocurrency adoption becomes more widespread, technological development is more advanced, people will become more familiar with crypto finance, the things mentioned by the OP can happen.

Bitcoin is gaining popularity day by day. If it can continue this trend it will become a widely used online currency. I think you will be able to pay for all the necessities of life, not just food and groceries. However, I do not know when the government of the countries where bitcoin has been banned will have good sense. They do not agree that there are many good aspects of Bitcoin in terms of usage. If this problem is solved, one day it will become very popular for payment of any product all over the world.

I think when the adoption totally comes?Volatility will never be a problem at all because Bitcoin will not be converted into fiat instead this will exist as a currency and not to be transferred like now.
Little time we need until government will finally open the door to accept bitcoin as currency.

i think if there will be supermarkets that are already accepting bitcoin, some crypto users already have tried their service. but up until now, i havent seen any grocery that is accepting bitcoin. but yes, this will be possible in the next coming years. as large ecommerce sites are starting to integrate btc, large supermarkets will follow and maybe our local supermarket afterwards.
so it is only a matter of time to have crypto in supermarkets.

I don't think at that time we are still talking about the cryptocurrency adoption.

If we will be at that time, then that means the demand of Bitcoin and other cryptocurrency is so high that people are actually using it and the price might be so high. It is not a choice or an option for merchants and stores to accept it, they will automatically consider it since people are already using it.

It is convenient for those people but right now, they can't just get ahold of the volatility of it.

I don't think that it will happen soon but it isn't impossible to happen since most transactions now are usually done online or through the use of the latest technology. There are actually a few merchants who are starting to accept bitcoin payment in our country. We only need adoption and more people to recognize the use of cryptocurrency.

It is not news that there are some people already accept the use of the bitcoin because most of them are using this too before only a few people see the potential of the bitcoin as payment but with the will of the people to make an earning and adopt the use of it they make an innovation to accept it.
Most of the possible thing that can help with the use of the blockchain is the RFID and Barcode scanner because this is one of the most famous and easier ways of payment if they will direct that scanner to the wallet address and send the funds.


There is a chance that they will not accept the use of the bitcoin for now because some of the countries are now recovering at the same time the bitcoin does not have a good market price and one of the biggest enemies of the people who want to use this is the market volatile it's a big loss to them if they still support the bitcoin when the market falls.

Actually there are already supermarkets that do integrate bitcoin into their payment system.
https://www.finder.com.au/iga-grocery-stores-to-start-accepting-cryptocurrency
https://news.bitcoin.com/brazilian-supermarket-chain-now-accepts-payment-in-bitcoin/

Its good to see the adoption and we can say that it is indeed possible even if there are flaws towards volatility.

Bitcoin had a very popular popularity in various parts of the world and it has been used by many companies from where I am using. This coin is used to buy some toys from stores and there are also many. Some of the museums that offer goods have started relying on the coded case and I have heard that Amazon store has begun to accept bitcoin currency and I am sure that this currency will be relied on by the slave. From companies in the future, I am sure that this currency will be used in the future to buy food, clothing and many other important goods in our daily life, but it is impossible to become the bitcoin currency Stable currency The thing that distinguishes this currency is the currency being decentralized and unstable

Bitcoin is used now to do a lot of transactions, it is used to pay for purchase of goods and services, used to pay in hotels and dancing bars etc. Did you people just think bitcoin is the third largest payment method in Italy, which mean it is used even for daily purchase in such country. There are some countries that are even using cryptocurrencies  like normal fiat for transactions since some years back, good examples are Slovenia and many other European countries.

That could be possible once people and merchants have adapted the usage of Bitcoin and the whole cryptocurrency in order to purchase foods and other services provided that cryptocurrency like Bitcoin would be use as a payment option.

Only that can be possible if the increase of demand on using cryptocurrencies to buy food and groceries will take place so merchants will going to adjust into the people's demands and make a way for the acceptance of using Bitcoin would happen. Before such thing could happen, people must first know the importance and usage of Bitcoin for them to be able to adapt on using such currency to purchase daily life needs like groceries and other services as well.

It will take time, the possible reason why bitcoin is not accepted on small scale shops is due to the price volatility and legality issues. But some African countries accept cryptos for everything even for barber shops if I am remember it correctly.So in the places where inflation is way too high their people started using cryptos which will happen with other countries as well when their inflation started to increase out of their hand.

A really bright future awaits bitcoin and the whole blockchain concept as the outside world keeps learning more and more about the concept of blockchain and cryptocurrency with each day passing and just like you said, we're seen more and more platforms trying to leverage the potentials of of the crypto market by creating plugins and API's that let them receive payments through cryptocurrency. I believe the outside world will truly asset bitcoin massively if more improvement can be see to volatility, speed, security as well as scalability

We can actually do that even now. There is also one bar here in our place that accepting crypto coins like bitcoin to buy drinks and foods with them. And also there are online services that are already doing that.  Here are some of it, though it wasn't updated.
- https://news.bitcoin.com/8-food-delivery-sites-that-accept-cryptocurrency/

I often use bitcoin to pay my bills, so if we are talking about on the increasing use of btc in the future, it will optimistically grow. Since many were already been aware on how to use bitcoin to spend it.

Even USDT is stable coin yet Bitcoin can be still good for the buying from merchants,Yeah volatility is indeed but in future?this will not count instead we will be talking about all fair as if we will not need to compare or convert Bitcoin to Fiat.
Actually that is an advantage for people that loves to Hold bitcoin,offering service or selling items in exchange for Bitcoin is much better option to accumulate more right?

Why not be able to accept bitcoin for groceries in the future? I know here in Chicago there are small little mini marts that currently bitcoin.  Sure nothing on a large scale, but that doesn't mean that's not coming in the future.  We are still in the first inning people, that's important to keep in mind.

Explained! People can use bitcoin and other coins for paying, maybe it's not directly as we would want it, but even that is possible in some advanced towns, to not say countries, even in big countries there's a big difference in town and some village.
With so many multi coin wallets, with projects that works on connecting chains, there will be more possibilities of course. What people can do is to compare the situation before 2015 and now, the difference is huge and we are still growing.

Here in India I saw Bitcoin QR code in one shop while visiting Delhi. That was the only time when I saw the "Bitcoin accepted". Now I may not find such signs anymore, because the government here is cracking down on Bitcoin usage. That said, it is possible to purchase groceries using Bitcoin in India (but not directly). You can convert your Bitcoins to Amazon or Flipkart gift cards, and then use these gift cards to purchase groceries from Amazon Pantry or Flipkart Supermart.

But still only a few traders who want volatility without having to convert it again to Stablecoin. The risk of bitcoin totality is also very high. Some platforms such as Coinbase Commerce can be chosen by traders to use bitcoin and other altcoins such as ETH as a means of payment which will then be converted directly to stable coins.
https://commerce.coinbase.com/

Many things could happen in the future. Many countries have now declared Bitcoin illegal. This is because of the illegal use of Bitcoin. Many crimes are being committed in more or less every country whose payment system is Bitcoin, And so many countries are now reluctant to legalize Bitcoin. Who can talk about the future. If I were asked food or groceries could be bought with Bitcoin, I would say that it is possible in some countries, and many countries will not legalize Bitcoin as long as Bitcoin is not under a government.

Yes I agree with that many people are not aware of what bitcoin is, that is why they are not able to use the privilege of having a bitcoin. Using bitcoin anyone can buy goods, products, and services using bitcoin. In using electronic money such as bitcoin we can minimize the spread of COVID-19. They can have clean hands because they do not have to have cash on hand. Besides bitcoin also an advantage when it comes to credit and debit. You may also buy a load using bitcoin. And also pay bills using coins. Bitcoin may lessen your effort in paying bills and making transactions because you can do it online using bitcoin.

Bitcoin and other electronic money are not that introduced here in the Philippines. But I believe that soon cryptocurrencies will be launched formally here in the Philippines. This pandemic may be a good opportunity for it.

There are two ways to think on this. One is the investor approach who are buying bitcoin to keep for the future in a hope to sell at big gains and another which is the common man approach where bitcoin is just a mode of payment and could be used to buy groceries. I consider the first option and thus if fiat does not become completely useless, I would rather use fiat to buy daily necessities and not waste my bitcoin for that. It does not mean that everyone has to follow on of these approaches but mix and match both.

Currently the trend is to invest in bitcoin's future speculation by buying it in short amounts every month or so during a dump which is a healthy way to grow your portfolio. However if merchants accept bitcoin in a wider basis we might see a change in the trend in the upcoming years.

Very possible if the demand for the use of bitcoin or cryptocurrency is very large. maybe other crypto projects will adopt stable coins for merchant payments as such might occur if they will be adopted into real life to replace fiat.
to realize it might take a long time because some countries still do not approve cryptocurrency for real-life payments, only for trading or such investment for now. who knows?

A lot of things are going to happen to people in real life but bitcoin is only used for investing I don't think it will be possible to buy food or groceries with Bitcoin Bitcoin is not yet supported by illegal governments in many countries so buying and selling with Bitcoin will take a long time. Bitcoin is a very popular currency but it will take a long time to break the Fiat currency Therefore it is not possible to buy food without the support of the whole world.

I only agree somewhat about adoption (usually when people say this they mean adoption by merchants and services). I still agree with pooya that we also need to start paying attention to a stage a little higher up in the stream, and that's looking at encouraging people to actually buy bitcoin (as opposed to paying an exchange to have an account saying they have bitcoin) and then encouraging these bitcoin holders to start using bitcoin. Adoption will come when more people request to be allowed to pay in bitcoin.

There is a simple logic to this: many holders won't like to buy food with their bitcoin because of the possibility of Bitcoin rise in no time but have forgotten that, this won't help the needed adoption we think. Holding bitcoin without buying things online will not help achieve the dream we'll dreamed with bitcoin. How many have tried asking for bitcoin payment when they buy food or other things, either in stores or online? We have a long way to go to achieve this in reality. Don't always hold up your stash, use them to purchase something and ask for bitcoin payment.

No doubt that one day many businesses and stores will accept bitcoin as payment for goods and services. It would have been nice if more had just been accepted bitcoin now as exchange or payments for foods and other important necessities where people are just at home due to covid19 pandemic. It could be a great help for everyone.
You also have a point that despite of volatility merchants and other businesses can convet immediately into afiat money right after the payment transaction to avoid loses. But there is another problem ,the internet connection because every transaction needs an internet.

What is an illegal government? I think you meant corrupted government.
This is bitcoin. Your government can't stop you from using it to buy your groceries. As far as I am aware, only few countries put a ban on the usage of crypto currencies. So unfortunately, they cannot set up a physical or online shop that accepts bitcoin. But you still can do it indirectly. How about buying giftcards with your bitcoin and use it to purchase things off the internet?

You already can in some parts of the world. many of the people who own cryptocurrency typically limit themselves to using their cryptocurrency as a means of storing value, or trading it as a way to make money, so buying foods or everyday necessities, hasn't become quite mainstream yet. it doesn't mean that it won't become that in the next decade.

Because the most concern is the volatility ,this is the problem if the goods purchased is usable but the payment offers are droppable so the main thing is what if after paying the price of Bitcoin fell down more than 50% then how could a seller  recover from that loss?

Not unless the seller is cryptonians and willing to accumulate as many Bitcoin they can have.

But a small businessman that only using the small profit to add as capital int heir business?i'm sure this will be the most affected and will not welcome Bitcoin at all.

But i am agree on this matter and i will love seeing grocery stores offering to accept Bitcoin.

Most of the grocery markets here in my place are not that knowledgeable in using cryptocurrency as a payment tool. When I try to buy goods in the groceries, I always use fiat as it is the traditional currency that they only accept. They also accept credit cards or debit cards but cryptocurrency is not that known here.

Maybe some of them understand how bitcoin works, but they are scared about its volatility once they have it. Bitcoin's price is really uncertain especially in the market so maybe some stores are not that courageous when it comes to holding a bitcoin. We all know that bitcoin is risky to invest that's why you need to be patient and manipulate it properly in the market.

For them to make their stores available for the purchase of food and groceries we must have one thing to do for this to happen, when buy anything around your visility ensure you ask for bitcoin option payment method. Many of us don't always ask for this option to create the awareness of Bitcoin to the shops owners. Let us play our part in this mass adoption which will be good for the entire industry. Personally, I will buy food and groceries with bitcoin because thus will bring in those who haven't heard about the technology before now.

That's right!! In order for the stores to have a bitcoin transaction on buying some goods, why we don't play our part by just asking them if they are accepting bitcoin or any cryptocurrency as a mode of payment to their products? Due to this kind of asking we will be able to open a door of ignorance to other people that there are some people who are looking for a new and more fast transactions on buying their products through the mode of payment using bitcoin.

In our local exchanges, we can use BTC as a means of payment in buying in an online store like Shopee. There are many cases when I tried to order using BTC and there was no problem at all. I managed to get every item I bought. Because most of the time people in that online store are using cash on delivery for their payments. But for me, I tried to use BTC because I really wanted to know how far we are now with the BTC payment method and guess what? it was all smooth and perfect. I hope I can try it too, buying groceries and other stuff in the market with BTC using QR codes.

Yes I agree bitcoin is becoming popular form time to time. Bitcoin nowadays are accepted in some establishments as their mode of payment. Though compared to fiat, fiat has a better performance than bitcoin. But then I believe that bitcoin has the potential to improve and has the potential to be a number one soon. Through bitcoin someone can make transactions without falling in line at payment centers. The future is yet to come and I think bitcoin will be number one.

It will be easier if BTC becomes a payment instrument in an online store like you mentioned, especially if you have used it, to be honest, I want to use BTC as a payment tool in the shop but it is still not available, it only provides debit and cash on delivery services.

Like it is still some who use this method and only in some European and Asian countries.

But I hope this can be used in the near future to make it easier to use bitcoin in the online shop.

Yes you can if you buy from shops that accept them. Once Get a bitcoin Visa or Mastercard to automaticaly convert bitcoin to fiat. This way you have 100% in BTC and convert in the last moment when you need it.

That's certainly true, mate. Despite Bitcoin's rise in price on the market, it still lacks mainstream adoption. I guess this is largely attributed to price volatility, slow transaction processing times, and high fees. Merchants and businesses alike might never use Bitcoin as a serious currency for daily commerce other than as a store of value. The pioneer cryptocurrency is more suitable as a long-term investment than anything else. Of course, we already have the Lightning Network which aims to make Bitcoin payments instant and dirt cheap. But the learning curve is quite steep, preventing everyday people from using it in the mainstream world (I've often found the LN confusing when I first started using it). As long as the aforementioned issues are present in Bitcoin, merchants and businesses will continue to use traditional Fiat for daily payments.

Nonetheless, we already have stablecoins which aim to provide the "best of both worlds". My guess is that Bitcoin will continue to be used as a sort of "hedge" against Fiat, while stablecoins will be used for daily commerce. Bitcoin will be the new digital Gold that will be used alongside Fiat for many generations. It's already useful as a censorship-resistant cryptocurrency that's impervious to third-party intervention. People who value this, will choose Bitcoin above anything else. Others who want convenience will simply choose stablecoins. While it'll be nice to buy food or groceries with Bitcoin someday, it's certainly not a priority right now. With the use of crypto payment processors/gateways, we can get a credit/debit card which serves as a bridge between the world of Fiat and Bitcoin. This is certainly a workaround for buying daily necessities with your hard-earned Bitcoin. Just my thoughts ;D

Our local wallet has a lot of features and one of them can used for buying goods in online stores.

Our local wallet is affiliated with many online wallets too so even a shop doesn't have a BTC payment method, it's easy to convert and transfer that money without huge fees. The only disadvantage of using our local wallet, it doesn't give a real-time value which means the current price isn't same with CMC every minute.

Although there are already many shops and merchants that accept payments with bitcoin, buying food with bitcoin is still difficult done.
Perhaps the main factor is because volatile bitcoin prices make shops and merchants not yet accept bitcoin as payment. Indeed there are
alternatives such as quickly converting bitcoin to fiat or stablecoins can be a solution, but such methods are less effective. So while in my
opinion is not the right time to buy food with bitcoin.

For me, this is a real form of development that Bitcoin used for media transfer in online stores and food payments. Many e-commerce companies are considering using Bitcoin as a media transfer. And in the next few years, I think there will be many food stores or restaurants accepting Bitcoin payments. I agree with this, but as a company that accepts Bitcoin media transfer, they should immediately transfer to the exchange. We see that the movement of these Bitcoin prices can change rapidly. What I fear is when the price of Bitcoin Falls and the company does not receive profit but they lose profit. Of course, the company immediately moves to the coin stable price like USDT.

This development is certainly a very good step and Bitcoin or all digital currencies are increasingly known around the world.

Maybe not now, but i strongly believe it would happen in the near future. As we can observe around the world, growing numbers of people had learned to use Bitcoin and there is already selected online stores like Amazon who accepts Bitcoin. We are now in our New Normal kind of living because of this pandemic,  and everyone is encourage to use cashless payments and virtual transactions to avoid the Covid19, and we do not know when this crisis will last...but, despite of that, being in a modern world, with high class technology, we wouldn't be surprise and we must be amazed soon that Bitcoin can be use not just in buying groceries but everything we need in life.

I don't think it will be possible very soon. The whole world is going through a difficult time right now. Although there has not been much of an impact on Bitcoin, there is still some fear. Bitcoin is reaching the top of popularity all over the world day by day. This may happen in the near future. I think everyone will benefit a lot if this happens. The world is leaning online now. Everyone wants to buy everything they need online. So even if it takes a little longer, one day it will be possible to buy food or groceries with bitcoin.

It is not necessary that we accept it for buying and selling daily. Rather, it is only an investment to obtain returns from the investment, and then any currency can be used for buying and selling or even using altcoin for that purpose.
bitcoin is money and not need to use it for daily needs but investment against cash money that losing it value.
bitcoin will be the future.

Yes. This is more of a dream than anything else. Right now, Bitcoin is very far from becoming a true alternative to existing Fiat. In these times of need, people are resorting to physical cash (Fiat) as it's the "go-to" payment method of choice by many mainstream businesses and merchants alike. Stable prices are what really matters here in order to use a currency for daily necessities. I'd say that if Bitcoin was stable in price, cheaper in fees, and faster in transaction processing times, it would've had a better chance of becoming accepted as payment method in many supermarkets and retail stores. We already have the Lightning Network, but it's not enough as prices are still volatile on the market.

As a workaround, one could buy groceries with Bitcoin using a crypto debit card. That would essentially convert Bitcoin to Fiat "on the fly" when making a purchase with the debit card. This method works as intended, but it's not beneficial for the Bitcoin economy. It's best to pay with Bitcoin directly, completely eliminating the middleman from the system. Time will tell us if Bitcoin will reach a massive level of adoption in the mainstream world or not. Just my thoughts ;D

Using bitcoin as a mode of payment in exchange for goods and services can be difficult because there are still a few people who know about bitcoin and other cryptocurrencies, so if you want to buy foods and groceries using your bitcoin you should convert your bitcoins into fiat for them to be accepted in malls and market. But here in the Philippines, we can buy foods and other things with our bitcoin in online shopping sites using our bitcoin wallets.

I think not only the volatility is the issue bitcoin is not to be accepted as an alternative payment method in different sector like when you buy foods and groceries,although it was use as payment online for bills like water and electric bill and also you can buy loads using bitcoin. The other thing that i see why it was limited to accept because of the transaction process that can be more longer than if you pay a fiat money.Also you always need an internet connection or data everytime you are going to make a transaction. What if the internet is too slow? Those are the things that i think most businesses and merchants should consider to accept bitcoin.

There could be a possibility that in the near future, buying foods and groceries can be done directly using Bitcoin because mostly these days, Bitcoin just serves us a digital money and is being converted into national currency to be able to be used using digital wallets provided by a certain country.

The adaptability of directly using Bitcoin as a payment option can be possible to make happen if the consumers will demand the usage of it since merchants are following or adapting into the needs and wants of their customers. The possibility of using Bitcoin can only be possible if people will massively demand the usage of Bitcoin once they have already adapted on using it more like using paper money or fiat. But as of now, there are still certain issues that are needed to be resolved before coming up into such scenario but hopefully in the very near future, usage of cryptocurrencies not just Bitcoin can be made possible directly even without doing conversions to purchase goods and services.

Its all in the hands of the people. but I don't really see it happening as of now. People are still into fiat. Its still the efficient one even in digital payments. I use fiat to purchase online so I need to convert my coins first, transfer it to my bank then use it to buy things online. It is needed to be widely used before stores and companies decides to accept it as payments. And we have to be honest that its not happening today. We are still struggling to introduce btc as a currency and not only as an investment. Some people even see btc as a haven of scam and etc.

As we enter a new digital era, physical cash payments will be a thing of the past. In the future, payments will be done with either credit/debit cards or cryptocurrencies thanks to the negative effects of COVID-19 on the mainstream economy. While Bitcoin is volatile, merchants and businesses could use an existent crypto payment gateway (like BitPay or CoinPayments) to quickly exchange Bitcoin to Fiat. With stablecoins and many other goodies in the crypto industry, it might be possible that we could buy our food or groceries in an instant using Bitcoin or any other cryptocurrency on the market. It's all a matter of mainstream adoption than anything else.

Of course, Fiat is still largely dominant because of its inherent price stability on the market. People tend to trust more something that's backed by the government, than something that isn't. It's normal that the number of merchants and businesses accepting crypto for daily payments is lower than those in the traditional Fiat economy. If the demand for Bitcoin as payment method is high, then supermarkets would accept it without thinking twice. Only then, it'll be a straightforward process for anyone to spend their Bitcoin in items of need (mostly food for survival). In these troubled times, I'd expect widespread adoption of Bitcoin into traditional stores we know and love today. Just my thoughts ;D

sites offer giftcards and you can but them with bitcoin. One i use is ubereats and i proably bought 5k in ubereats cards wit bitcoin in last year .

You can also but grocery cards with bitcoin many sites you just need to know were to look

It depends on the grocery store or the market if they allow the bitcoin to become a payment tool for their business.

Some businesses are still not that knowledgeable about bitcoin due to its centralization. Also, it is volatile so maybe grocery stores are scared that they may lose the value of it when its price goes down.

But hoping that this adoption will become put in to place as this is what we need right now to prevent physical contact during payments. I heard about the bitcoin ATM where we can withdraw bitcoin instantly and hoping that more bitcoin ATMs should spread globally so that it is more convenient to us if we needed to do that.

In my country, there is still no grocery that are accepting bitcoin as payment but there are now small businesses like computer shop and coffee shops that are now starting to adopt cryptocurrencies. The progress in my country is too slow when it comes to mass adaption because of lack of financial literacy. Actually there are less than 10 bitcoin ATM in my country as of now and it seems that it will take more time before it doubles.

There are still a lot of people who do not have care about cryptocurrencies and I think it is the reason why merchants and other businesses are still having hard time to think whether they will start accepting bitcoin as payment or if they will stay using the old system.

seems not right eh ? the big companies are the ones that must accept new technologies first before the smaller ones because more people visit on them the most while small business hardly being seen  . less to no people are going to try thier new accepted payment method  which was btc  . lesser adoption we can achieve as well    .

financial literacy is not needed but we only need basic understanding on how internet and gadget work before we can use btc  . we dont need money before we can use btc . 10 btc atm's are also alot and fine than no btc atm , atleast people will have something to try on  .

No doubt the popularity and usage of bitcoin increased since the last bull run in 2017 which brought bitcoin into the limelight ,but unfortunately merchants are still not ready to accept  it, because they're working based on demand, but if in the next two years or more they see a huge spike in demand to use bitcoin as a payment option, no doubt they will start accepting it, since their customers wants it to be included as a payment option for them like the credit card /PayPal etc.

There's a 95% chance that in the future bitcoin will be used to buy food and groceries, but this will only happen when the customers demand for it to be be included as a payment option increases.

That's not only my concern. I feel sad to know that most of the grocery stores, reaturants and establishments here in our country is yet open to adopt bitcoin as well but already accepting e-money payments (Gcash, Paymaya, Paypal etc.). There are almost no difference between the two, isn't it? Then why they are not trying to adopt it? Yeah! Maybe some of you will say about the volatility. But I think it is easy to resolve by means of giving the equivalent amount of btc on your purchase. $1 worth of btc for $1 apple, as simple as that.
That's not the worst dude. As far as I know, we only have one bitcoin ATM here until now :(.

We're not sure on what would happen in the future but nothing's impossible. There are already shops that accepts bitcoin as payment so most probably, we can also use this to buy foods and groceries. However, there are some issues that bothers merchants which hinders bitcoin to be widely used as a mode of payment.

Maybe if those factors or issues are addressed, then bitcoin may be used widely as a mode of payment.

---

Source:
https://cointelegraph.com/news/why-have-cryptocurrency-payments-failed-to-take-off-so-far/amp?__twitter_impression=true

I think Bitcoin was made for the sole purpose to be used for payments. Everybody at least remembers that time when that Guy bought a Pizza with lots of Bitcoin and people today are doing that also. Some businesses need to venture on the part where they can expand their payment methods that will result in multiple currencies to be used.

Buying food and groceries will really be useful for a lot of Bitcoin owners because they can use it at their own utilization.

Bitcoin is a currency so what is the use of currencies?to pay for everything from services to product.

The only problem here is the way Bitcoin presented to the people,everyone think of this as investments as a currency to spend so the more accumulation people wanted.

If this thing realizes by the people inside crypto and if the adoption happen together with this?
Then the world of crypto will change forever .

When paper money begins to depreciate, and inflation begins to eat up all the savings of people, then we can expect great interest from the public in cryptocurrency assets with a guarantee. the money supply is growing very rapidly today, and governments are making people poor who already do not have the means to live. I believe that in the near future we will have a more developed infrastructure network for using cryptocurrency in everyday life.

Everything will depend primarily on whether the state accepted cryptocurrency or not. Each businessman must report on his income to the government and therefore the sale of products and other goods for Bitcoin should be legal.

"When paper money begins to depreciate" is just too general. It doesn't apply to all of the country, it all depends on what economic situation in each country has and merchant can only decide wether they want to adapt the cashless market it still depends if the demand is high. Although, we have seen already Cafe's and restaurants accepting Bitcoin so I think it might happen someday.

As I have been noticed because these small merchants are usaully have a micropayment which is bitcoin is very suitable on that transaction.
But I don't think so if merchants that have a big amount to pay, I guess that is the reason others choose a bank account or even credit cards for bulk orders.

I guess that will happen that there is mass adoption of bitcoin and become a global payment method. But, not now. There's no time frame for that but as I can see we are heading on regarding that speculation.

Bitcoin is one of the most popular currencies today in all over the world. Many countries do not currently accept Bitcoin, but you can buy anything by converting it to your country's currency. In the future, you will be able to buy not only food and groceries but everything through Bitcoin. Wait for the whole world to declare the validity of Bicoin.

It will take a long time to buy food or groceries with Bitcoin because Bitcoin is not yet legalized in many countries. But Bitcoin is a digital virtual currency that you can transfer via the Internet.

No other currency can be transferred in this way. With the help of the net, one person can send bitcoin to another person. This means the cost of sending bitcoin is lower. You can send this currency to any country without hiring any kind of representative or intermediary.

I don't think businessmen has problems with it.

Unless if the government insisted that they needed to monitor each of those companies or corporations that accept cryptocurrencies, that is when they will submit something about their profit in cryptocurrencies since they are already submitting these reports in income since they are paying taxes, right? So I don't think we have a problem with that. Either way, the people should be introduced by it so they will be using it.

Not only Bitcoin is not legalized but it is also not accepted and understandable by common people. In my country, Bitcoin is still being thought of as if it were a tool for scammers to work with. Many people have been tricked to buy "cryptocurrencies" (which are not) with the hope to quickly become rich. It's a common-sense that Bitcoin is a scam.

Even when people don't think Bitcoin is a scam, they still think Bitcoin is a very high-tech thing that they can't understand and use it. Therefore, to start to make it more common among society, we must inform people about Bitcoin to help them understand it first.

I don't think it will be feasible.

Even though we have seen people buying coffee and other small stuff with Bitcoins , one should realize that , no matter what you will have to give fee to the miners , even lightning network is not completely free , at the same time I don't think people will continue to use lightning network after possibility of attack by hackers and other people.

Therefore I do think before this to continue we need to have two things :
1. Improve the lightning network
2. Invent some alternative to lightning network

Then only we will be able to see Bitcoins being used for day to day activities.

https://i.ibb.co/1vnfmRg/lightning-loot-775x415.png (https://ibb.co/PmYZ61L)


https://www.coindesk.com/bitcoins-lightning-network-is-vulnerable-to-looting-new-research-explains (https://www.coindesk.com/bitcoins-lightning-network-is-vulnerable-to-looting-new-research-explains)

You can read this article where it explains how vulnerable it is ^

everytime all talks future and future but we are living in present so what do you want people to expect?
We all believe here in the future of cryptocurrency that is why we vested our money inside with no really assurance at all because of that said trust.

But never forget that not all people can eat without making problem about their potential investing.
This is reality of life so let those who has capacity to wait enjoy their investment.
and let those who want to make profit in daily basis choose their paths as well.

Sure, in time Bitcoin can be used anywhere. The reason why Bitcoin is not yet used as a medium of payment is that it is still viewed as a store of value. Even in our country, there might be only a few merchants or stalls who accept crypto since mass adaptation or cryptocurrency knowledge or awareness is small.

It would be a waste for some business to accept cryptocurrency with only a few users on it in an area.

About grocery it is yet to come to real too in every aspect of the country. I think it is possible already to transfer btc to pay for commodities and grocery for someone living in another country. Bitcoin fee is lower for large transactions if compared to pay in bank.

I don't "think" that in the future it'll be possible to pay at a restaurant using bitcoin; I "know" that it will happen! That is if only it isn't already happening in some part of the world cause I remember a post someone made about how he paid for something in a local store using bitcoin.

Most of us have expectations that can considered  too high towards cryptocurrencies and the future payment system because we programmed to say so. There are a lot of people who are focusing on future than on present and it is the wrong part because what we focus on present, it expands that it will become our future. Many people says bitcoin will become the future payment system but all of them are not spending their bitcoin and just holding it. There is some contradicting sentence that I keep seeing. Anyway, as long as we patronize bitcoin and other cryptocurrencies; for sure it has a good future so expect that its value will rise soon.

Well i think sooner or later we will see more and more services starting to accept bitcoin for their goods as it has been gaining popularity for a long time and some services have already started accepting btc as a payment option. Even though it has become more popular there are still a lot of people who have a little to no idea about bitcoins and I'm pretty sure there are people who don't trust btc completely as of now, I think these people, once they have enough knowledge (if) about btc might start using it. But we'll have to wait and watch.

In my own idea, one important problem about buying food or stuff from market with Bitcoin is the long transaction time for rather small amount of money comparing to fiat. I mean, of course when you are talking about transferring millions of dollars Bitcoin is much faster comparing to fiat. But, regarding to small transactions like 5-10 usd you will to wait for a few seconds or minutes, Otherwise, you will need to pay huge transaction fee for your small money you are going to pay. However I guess, there will be a solution for this real soon when some more supermarkets accept Bitcoins as a payment method.

Unless you're desperate I can't see a time when anyone will want to spend their hoard on consumables. It's simply not how humans are programmed.

Imagine paying 50 BTC for a tank of gas in 2011. You got 3-400 miles of forward motion vs a very nice house a few years later.

There'll come a time where the gains are much lower but it'll still always deflate. It'll be the very last thing you want to spend on everyday trivialities.

When i see this topic hood im remembering the guy who buys pizza with 10.000 bitcoin..

Thats really amazing. 92.290.700,00 dollars for a 2 pizza :). (current price)

But if we could be able to buy foods with bitcoin in this time , it would be very slow because as you know bitcoin transaction time
is slow. We should use altcoins for it like eth or ltc.

Why so? We can use bitcoin to make any payments irrespective of it's speed. If I owned a restaurant and I accept bitcoin, I wont have to hold down my customers because I haven't fully received the bitcoins in my wallet. I mean; Just 1 confirmation should be enough to know that the transaction will be successful. My thoughts tho.

Good point. It's like paying with Gold for good and services. We all know that Gold is volatile in price, just like any other precious metal on the market. Bitcoin is no exception. The best way to spend crypto at mainstream merchants and businesses right now is through a stablecoin. Coins of these type maintain their value of $1 USD per coin (most of the times), making them an excellent alternative towards traditional Fiat. I'm sure that someday we'll be able to see supermarkets accepting stablecoins for the benefit of all. Stablecoins are much faster and cheaper than Bitcoin itself. This, alongside their stable prices on the market, make them the ideal choice for the decentralized economy.

Nonetheless, the high demand for crypto payments in the mainstream world, could result in more merchants and businesses accepting it as payment method. I'd sometimes wish that Walmart, Amazon, and some other renowned companies would accept crypto in the mainstream world. They would certainly make crypto viral, resulting in higher prices on the market. Ultimately, what matters is usability rather than the price per coin. Bitcoin is useful, but not ideal for payments of large scale. The Lightning Network aims to solve this problem, but it has a long way to go before it's considered "perfect". Just my opinion :)

I think it's still to early for Bitcoin to be used as a form of transaction towards goods and services because in the end people will convert it to Fiat doing no benefit to Bitcoin at all.
I prefer Bitcoin as of now an asset for wealth, a safe haven for investors against inflation and unstable stock market.

I don't get it mate?

What does it mean that people need to convert to fiat when the topic says using crypto to pay for goods and services?

People need not to convert because  the payments will be directly using crypto from our wallets.

Actually this is happening in  japan and other country now and even some small businesses are also accepting Bitcoin now using QRcode scanning  transaction has been already in action these days of ours.

I agree on your first point as a form of transaction towards goods and services it will take more time because trust matters here, In this digital age people are slowly moving on new era like transactions are happening in finger tip at the same time things will change in quick time like BTC will start dominating.

BTCs popularity will increase when commodities happen easily with BTC similarly gold, real estate etc. If this happens I am sure BTC will become a gem.

I guess there might be a chance for bitcoin to be used to buy food or groceries. In fact, I guess there are a few small merchants who do accept this cryptocurrency as a payment method. However, I do not think that using bitcoin is more convenient than credit cards or other Fiat cards. Since the international visa system develops, there are many rewards and cashback which are very necessary for those buying many things  :-[

In the next few years, we has a chance to witness a spike move from traditional payment to cryptocurrency payment. But after that, people need to do a lot of thing to prove that bitcoin is suitable to join the world payment system

Did you all know that the bitcoin increased its popularity all over the world during this pandemic?  After the WHO announced that the virus can spread through fiat money. Online transaction are became the daily usage of many people. The current payment system is now changing and many people are excited to see that many businesses especially groceries will accept bitcoin as payment.

But not all country are open for this and only limited stores are accepting bitcoin as payment. In our country bitcoin can be use as payment method to pay your bills rather than payments for goods like groceries. If ever this way will spread in many places of different country ,i think bitcoin will become more useful this of pandemic on which the virus are continuously spreading until now.

Why don’t you just be making use of it in places where it’s being accepted? Maybe if you want to buy some furniture and stuffs like that for your home, you have overstock and they are accepting Bitcoin. If you want to buy computer gadgets and some things like that, we also have other websites and there is Purse where you can get lots of things through Amazon.

So don’t worry about restaurants that are not accepting Bitcoin, it has not reached to that level, when it does you will also be able to pay at restaurants with it. As time goes on some restaurants might open up websites so that you can pay for your meal upfront using Bitcoin before you arrive their restaurant.

Digital money are being used since the pandemic virus arrived, but it's not only bitcoin
since there are lots of available digital money.
consumer can use to deal and transact for buying their foods and other needs.
Although bitcoin share portions of it.
But not that much, there are many businesses that continue to hold adopting this
payment process.

Buying  foods and groceries with bitcoin is maybe a dream in my country, because at this point of time we need to convert first the bitcoin to fiat before we can buy everything, i think bitcoin will be used as a direct payment in the near future but for now we need to convert it first before we can used it as payment for foods.

That’s how it is in most places man, especially with countries that are still developing in some areas, because they are not ready for all these things. Just chill, it takes time and before you know it things will start coming in place. Even where I live, it’s the same. I hardly meet people that are interested in cryptocurrency, not to talk of being into it and investing, they just prefer to make use of cash. And when it comes to digital, most of them usually prefers PayPal, using their debit cards (MasterCard and Visa), or their mobile banking app. But I know for sure that with time they will get into it.

I'm sure many people in different counties want this to happen specially for those who already know about bitcoin,as it is today with viruses spreading it is better to limit our use of fiat to prevent us from getting infected. But I think it will be a long time before it finally happens or implemented.

I am also looking forward for this to happen. I have a lot of coins in my virtual wallet but I don't have time to convert it into fiat because it is worthless because even if I convert it into fiat, I can't go outside to buy food and other stuffs because here in my country we are in General Community Quarantine, and in General Community Quarantine those who are allowed to go outside are those who are working and for me who doesn't have work, were not allowed to go outside. So if buying food using bitcoins is allowed here, I can say that I will be one of those who will buy food using bitcoin.

There are exchanges here that let you accept bitcoin but receive it in fiat. People could just use their Php wallet so even if their customers pay them with Bitcoin and other crypto currencies accepted in their exchange, the merchants or the stores will accept it as a fiat. Is this still part of this matter?

Nowadays that covid virus keep on spreading anywhere,it will be a good idea if malls and grocery store will accept bitcoin as payment in exchange of physical money because we all know that money is so dirty and very accessibe to viruses.

If They start accepting crypto payments then the currency that would be widely accepted will be Ethereum and not bitcoin because of the time in which the transaction will be completed. As on the shops and in the coffee houses we always want our transaction to be completed quickly to always maintain social distancing. The best method now to transact fast and be safe from COVID is definitely using cards which is the cheapest and most widely accepted method to pay.

Buying food or groceries with cryptocurrencies weren't preferred by most of the people. Due to the pandemic prevailing around the globe there is increase in the use of cashless transaction. This has somehow encouraged the usage of bitcoin and few top listed altcoins on purchase of groceries, and now the acceptance level on groceries and store products were very limited. Maybe the future will get to see more stores accepting bitcoin.

Actually Satoshi Nakamoto's main goal was to create Bitcoin not as a digital asset, but as a currency used for payments. So I am very sure that
in the future many merchants will accept payments with Bitcoin, so that we will be able to buy food or groceries with Bitcoin. Make the pandemic
situation now to multiply financial transactions with Bitcoin, in addition to preventing the spread of the corona virus. Can promote Bitcoin as an
alternative to fiat.

But it is created inflationary so using it as a currency would not stick at it if it does not reach a stable price, now talking about stabilization do you think that bitcoin could possibly be stable at some point in time?
though termed currency, it became an inflationary asset due to its volatility. I think Satoshi knew it would come to this point, everything could have happened differently when he said it is a digital asset on the whitepaper.

We can promote bitcoin as it can help during this time but people would choose what is more convenient and that is digital currencies. Not now for bitcoin I suppose.

This is the best time where the digital payment must be encouraged as avoiding the fiat currency is also important. But the government should be encouraging the merchants or the businesses owners with some clear directions as still in some country’s government are undecided related to btc. If done so this will boost the bitcoin as a payment option and will also be useful in making payment.

Most food stores (supermarkets) make small profit, but in quantity from its customers. Any adoption they make on their systems need to be worthful when they analyze how much percent of that public is going to be benefited by the adoption.
Then for now it's not interesting for supermarkets owners as this adoption will benefit probably less than 1% of their customers, and if compared to the profit they already make with fiat it's even less interesting. Bitcoin adoption must increase first among individuals before supermarkets and food stores in general start adopting this.

One of the reason of slow adaption of bitcoins at the groceries store is the slow transaction time of the bitcoins. Sometime bitcoin tx takes more than 20-20 mins for a single confirmation and consider that you went to a grocery store, send the payment through bitcoins and standing in the counter for the tx to confirm. This is not a practical approach.

For this stage, it can be happened on online store. It may be take 10-20 min but it is not a major problem for a customer as they don't need the product as soon as possible. Moreover, hopefully new technology will arrive to solve transaction time.

Transaction is a factor because there is delay sometimes but it is not the major reason why many merchants are still not preferred to accept bitcoin as mode of payment. In groceries, customers want faster payment system and I think it is the reason why they now prefer to use digital currencies. The volatility of the bitcoin is the main factor why store owners are still doesn't want to accept bitcoin in their system because they understand the risk and how will price affect their business.

Yes, setting aside the slow transactions, because even if it does not send instantly, the positive thing about having bitcoin as payment is it is irreversible. I agree with you that the volatility might be the main factor why businesses do not want to accept bitcoin because even the slightest change in price will make them lose some of their money.

With the pandemic all over the world I hope that there would really be a food or groceries application and even delivery service provider that would accept Bitcoin or even use Bitcoin as their payment method for their service.
I think it would be a huge help for everyone right now imagine buying all the things that you need at home and you wouldn't need to cash out or convert your crypto into Fiat so it would save you time and provably avoid being infected because you wouldn't need to go out to do all of it.

This is very possible, with advances and technological innovations developing rapidly. At present there are several ways that can be traversed to buy goods, food or services using cryptocurrency but with the help of third parties it takes a little time but it can be done. If a third party conducts business relations with several companies related to goods and services, what the OP said could have happened, of course, with the choice of technology and crypticurrency that is suitable for conducting such transactions.

Similar services already exist. On one of these services, I paid for mobile services, everything went well, I didn't use it anymore, there was no need. I will not give a link, because I am not sure of the complete safety of the service, but it is not difficult to find it by search queries. I am sure this is not the only service that provides services of this kind.

I think yes specially now that most of the  people are into cashless payments because of the corona virus.
People are getting used to transactions that uses technology and find it easy using virtual payments, it can also save our time from converting the bitcoins to our own currency.

Most of Us agreed on this,but the problem is Do we really afford to use Bitcoins?when we have believe that this currency is better to be investment than payment currency?
Hope many will of us will trust that we need to circulate this Bitcoin for us to have a future and all will benefits.
i think its not,because the topic talks about Bitcoin directly being the payment method and not converting something into fiat.

Still this concerned really preventing businesses to take the adoption, doubts and worries with that long waits for confirmation.
Most of the time customers are in such hurries and they can't take that long time to wait, online transaction though are already
workable as there are businesses who caters bitcoin as part of their online payment process.

The whole thing is summed up on lack of awareness and inadequate knowledge of P2P nature of Bitcoin and other altcoins. That's why it is best for everyone to expand the teaching and using it for payments it'd save you stress of failed fiat transactions and carrying physical cash all about, which is almost becoming irrelevant during this era of pandemic. I make purchase of data bundle and some other important bills through cryptocurrencies and the adoption is gradually coming to reality.

Thanks for the advice. Since there are not many options available in the mainstream world for using Bitcoin to buy essential goods (food and groceries), it's best to focus on other important things. With crypto debit cards around, one could simply sell crypto "on-the-fly" to cash in order to buy almost anything with them (since most merchants and businesses accept Mastercard/VISA). Using crypto directly would've been better in order to avoid the middleman. But at least, this is a workaround for those willing to spend their crypto on life necessities.

It would be surprising to see major supermarkets and fast food chains accepting Bitcoin sometime in the future. If they decide to go this route, I believe they'll use the Lightning Network as it's more economically feasible than the main Blockchain. The only issue merchants and businesses would have to deal with is volatility. Stablecoins are a better option, but they're limited to the capacity of their underlying blockchain networks. Since most stablecoins live on the ETH blockchain, they'll eventually become expensive to use (high fees) and slow to process on the network. Which is why, I believe that the Lightning Network has a greater chance of being accepted in world commerce. Until widespread adoption for the LN becomes a reality, buying food and groceries with Bitcoin is will only be a dream. Just my opinion :)

On the recent days, bitcoin was worth 9189 dollars and today, it is already at 9545 dollars.

Therefore, if we missed to buy carrots or potatoes in the market. We might see it on the other day, it is already a high price. Yes, it must be necessary for bitcoin to become stable first. But I think it is impossible to happen. Due to the scarce supply and great demand of bitcoin, there is always fluctuation to the market. Maybe, we can buy foods or we can groceries in the future. If fiat currency value will be removed.

The problem is there, those who dare to take risks by accepting payments using bitcoin or other cryptocurrency are those who have large-scale businesses / organizations. Very large and fast fluctuations in value can be very detrimental and risky so this calculation and revenue management cannot cover the worst losses when accepting bitcoin payments. The absence of a third gate that facilitates this also becomes an obstacle because they cannot take too much risk and choose a local currency or FIAT to further reduce risk in doing business.

only certain countries can accept payments using Bitcoin for the purpose of buying food or groceries in the future. all of that goes back to the legality of each country to be able to formalize Bitcoin as a legitimate alternative payment, I think there will be many pros and cons if Bitcoin can be legalized worldwide because it can have an impact on traditional currencies

How do you pay with bitcoins in these stores that accepts bitcoins around you?? Is there a third party payment processor that they are using or are they just having that bitcoin wallet installed straight up in their devices. If they are straight up accepting bitcoin as a payment option without any third party payment processor then it is pretty good for bitcoin adaption as it will teach those shop owners also about bitcoins, but when a third party processor gets involved then they tend to hide the technical aspects of bitcoin and just tell the owners enough to safely transact and their percentage cut per transaction.

Bitcoin is still very likely to be adopted more in the future as a legal payment tool in physical store, especially in countries that do not prohibit it. Although I cant use bitcoin as a legal payment tool when buying something in my country, I can still use it individually between user who agree to the payment system via bitcoin. Strict regulation for bitcoin in many countries will make it difficult to adopt bitcoin, but I am sure there will be many thing that will change in the future.

I sincerely believe that Bitcoin is the number one cryptocurrency in the world. But food and grocers will never accept it as a medium of exchange. Because its price is never stable. And no trader wants his business to lose. So they do not want to accept Bitcoin easily. But it is also true that at some point the price of bitcoin will stabilize and then all kinds of food shopkeepers will accept it.

Based on this, paying with Bitcoin would be like paying with Gold. A volatile cryptocurrency can never be used for mainstream commerce because it reduces the chances of profit. Merchants and businesses are better off using centralized stablecoins than Bitcoin because of its highly-fluctuating prices on the market. But who knows? If Bitcoin becomes extremely popular and widely adopted in the future, supermarkets and retail stores might be able to accept it as payment method. We already have centralized payment gateways which allows merchants to accept crypto transactions with ease. As the regulatory landscape for the crypto industry matures, we might be able to buy actual food or groceries using Bitcoin directly without having to convert it to Fiat, ever. Everything will depend on customer's demand for Bitcoin as payment method for in-store purchases. If demand for Bitcoin is high, then merchants and businesses will begin accepting it as payment method. Otherwise, using Bitcoin directly for food or groceries will be more of a dream than anything else.

Nonetheless, time will tell us what lies ahead for the future of Bitcoin and crypto as an alternative payment system towards traditional Fiat. Governments will play a key role in determining this future as they devise laws that would either stifle or stimulate the growth of the entire crypto industry. A regulatory-friendly landscape, alongside price stability on the market, will make Bitcoin and other cryptocurrencies more attractive to businesses and institutional investors. Just my thoughts ;D

We knew that there is more store are accepting bitcoin because they see the advatanges of accepting that kind of payment.
And it is really possible for the grocery to accept the bitcoin to buy foods , and it is really big help to bitcoin community because the price maybe rise.

But the problem with that what if bitcoin down the value and the store have a lot of bitcoins so they lose a lot but if it's rise the price they got a double profit if they want to accept bitcoin they need to accept the risk also .

Straight to the point from my perspective:

Bitcoin will not be the most used currency to buy goods directly. Most people like me, convert bitcoin to other crypto especially those that are available to the store if there is, to be used, which has a characteristic of low volatility, fast transaction confirmation and low fees.

Bitcoin today, even with the segwit upgrade for me didn't suffice store transactions.

Bitcoin will accept many countries and it is not accepted the goods and regular accessories products. Because global currency will accept entire world so USD is the king of currency. But Bitcoin is the king of cryptocurrency so once it will  be globalized, automatically it will accept anywhere and anyplace. Most of the countries gradually take a good decision on Bitcoin so we some unbelievable acceptance.

It is just their matter of choice as well as taking of the risk, even if I started my own business, Bitcoin will be the last thing in my mind to adopt unless I go full e-shop where I don't any digital wallets. Digital payment system is quite strict with their KYC policies, that's why Bitcoin comes into my mind into this.

I guess government would just waste their time finding ways to put up laws in cryptos especially Bitcoin, but I doubt they'll do.
Maybe how people will be able to cash it out probably.