Kprawn
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February 08, 2016, 02:58:14 PM |
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this is great news,but is the payment must be only use bitcoin giftcard?or can use direct payment with bitcoin?i just wondering how much store this is,and where the store available. can somebody tell me?
Not a bitcoin giftcard. If you are at one of these places and you have bitcoins you can go to the website https://www.cardcash.com and buy an e-gift card that shows up on your phone. You can then pay for your meal or whatever with your phone. If you only want them to accept bitcoins directly then you obviously only care about the price going up from the publicity. But if you are someone who actually wants to be able to use bitcoins to live and buy things and leave banks and credit cards behind, then this is probably how most Bitcoin integration will happen. Most stores have gift cards, it doesn't matter what system they use, if you can pay with bitcoins for their card then you can shop at their store. As time goes on the process will become more and more streamlined to the point that the store does not know you are paying in bitcoins and you don't know you're using a gift card. Just like how I am paid in bitcoins. My company does not know I am paid in bitcoins, they do a direct deposit just like they would for anyone else. It is immediately converted to bitcoins for me without them knowing. Elwar as an early adopter you must be pretty comfortable financially in life. Getting paid 100% in bitcoin though is too much of a risk for most of us with the high volatility at times. I am 100% bullish & HODL a decent amount of coins but I couldn't afford to get paid at the end of the month & overnight realise my wage has dropped 10-20% in value because of a crash etc. Obviously it could happen the other way and the price goes up 10-20%, you'd have a nice surprise then Your story interests me a lot, I love reading your threads. Do you have a list of British stores/shops that accept bitcoin? I got to agree with you on that... It's like walking on a tight rope... I would be checking the Bitcoin price every 10 minutes. I much rather pay some extra fees to convert some of my income to Bitcoin, but not all of it in one go. I do not know if it is really necessary to have a list, if you can use the Coinbase Shift card to buy almost everything. Some people in countries outside of the USA might need to use a service like this..
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LFC_Bitcoin
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February 08, 2016, 03:01:17 PM |
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@Kprawn - I've been thinking about getting some kind of bitcoin debit card for a while. Tbh I just HODL my main stash & then gamble with the small amounts I get from sig campaigns.
It'd be cool to spend the sig campaign money instead of gambling with it.
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bargainbin
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February 08, 2016, 03:07:46 PM |
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... Not a bitcoin giftcard. If you are at one of these places and you have bitcoins you can go to the website https://www.cardcash.com and buy an e-gift card that shows up on your phone. You can then pay for your meal or whatever with your phone. ... Let's say I'm shopping at Stop&Shop. While standing in line, all i have to do is go to my BTCeanie BTCabies trading website, sell my BTCeanie for cash, and use that cash to pay for the groceries. Hurrah! Don't even need to check if S&S gift cards are available @ my BTCeanie website, so simpler than BTC I can now pay for all of my purchases with BTCeanies! Take that, h8rs! Next step: World domination.
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Elwar (OP)
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February 08, 2016, 03:13:05 PM |
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Everyone has their monthly spending, for the typical American it might be $2-3k. $1k might go toward your housing, $500 toward transportation, etc.
When it comes down to it, the money you spend on every day expenses is not much. Let's say it comes down to $1k per month that you spend on things other than the basics. That is all you would need to convert to bitcoins. If the price drops 10% during your pay cycle, then you're out $100 for that pay period. If it goes up 10% for that pay period, you're up $100. But the price rarely changes that much during a pay cycle other than maybe once every 3-4 months at this point. And it evens out.
So it comes down to...can you afford to occasionally miss out on $100 or so (no going out to restaurants for a few nights) if eventually you'll be up $100 (yay, spend more when the price goes up...save when it goes down).
It is worth it for me to be able to have my foot out the door of the banking/fiat sector and the experience is valuable for showing me how it can be done instead of people theorizing about it.
If you're spending fiat, that means you're not buying bitcoins with that fiat. How is that any different from spending bitcoins instead of spending fiat?
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First seastead company actually selling sea homes: Ocean Builders https://ocean.builders Of course we accept bitcoin.
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Elwar (OP)
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February 08, 2016, 03:15:21 PM |
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Do you have a list of British stores/shops that accept bitcoin?
I don't know much about Britain's places that take bitcoins. I was not very satisfied when I visited London. I only found one restaurant where I was staying that accepted it.
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First seastead company actually selling sea homes: Ocean Builders https://ocean.builders Of course we accept bitcoin.
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bargainbin
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February 08, 2016, 03:27:45 PM |
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... It is worth it for me to be able to have my foot out the door of the banking/fiat sector and the experience is valuable for showing me how it can be done instead of people theorizing about it.
If you're spending fiat, that means you're not buying bitcoins with that fiat. How is that any different from spending bitcoins instead of spending fiat?
But YOU ARE spending fiat, just doing it in the most inconvenient, convoluted way possible. These gift cards website, for instance, pays the stores with fiat, not BTC. You're simply using an extra middleman. Why not skip the middleman, and make your life a bit easier saner? I mean, do you follow the BTCeanies analogy? I buy BTCeanies, sell them for fiat via BTCeanie trading website, and spend that fiat in a store. I call it "spending my BTCeanies." You buy BTC, sell them for fiat via gift card trading website, and spend those gift cards in a store. I win, because *every store takes the cash I get for my BTCeanies, and you have to look for a store that has gift cards for sale on your gift card website. Am I getting through at all?
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Elwar (OP)
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February 08, 2016, 03:32:49 PM |
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... It is worth it for me to be able to have my foot out the door of the banking/fiat sector and the experience is valuable for showing me how it can be done instead of people theorizing about it.
If you're spending fiat, that means you're not buying bitcoins with that fiat. How is that any different from spending bitcoins instead of spending fiat?
But YOU ARE spending fiat, just doing it in the most inconvenient, convoluted way possible. These gift cards website, for instance, pays the stores with fiat, not BTC. You're simply using an extra middleman. Why not skip the middleman, and make your life a bit easier saner? I get paid in bitcoins...so converting to fiat just to go to the store is an extra step. I couldn't care less what they do on their end. I don't care if someone from Europe comes and uses their credit card and the credit card company changes their euros to dollars to go to the store. What matters is the currency I use, and how it can be used all over the world.
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First seastead company actually selling sea homes: Ocean Builders https://ocean.builders Of course we accept bitcoin.
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Elwar (OP)
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February 08, 2016, 03:34:51 PM |
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so i need to buy giftcard first? , this is not simple and took more time, what i need is simple,fast,and low fees,there's does exist bitcoin debit card which allow you to pay anything simple and fast but the fees still high
If you look at the site you'll see that you actually save money by using the card on the site (usually around 10% discount). Sure, it's not for the simple minded. A few clicks with your finger are required.
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First seastead company actually selling sea homes: Ocean Builders https://ocean.builders Of course we accept bitcoin.
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bargainbin
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February 08, 2016, 03:37:19 PM |
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... It is worth it for me to be able to have my foot out the door of the banking/fiat sector and the experience is valuable for showing me how it can be done instead of people theorizing about it.
If you're spending fiat, that means you're not buying bitcoins with that fiat. How is that any different from spending bitcoins instead of spending fiat?
But YOU ARE spending fiat, just doing it in the most inconvenient, convoluted way possible. These gift cards website, for instance, pays the stores with fiat, not BTC. You're simply using an extra middleman. Why not skip the middleman, and make your life a bit easier saner? I get paid in bitcoins...so converting to fiat just to go to the store is an extra step. I couldn't care less what they do on their end. I don't care if someone from Europe comes and uses their credit card and the credit card company changes their euros to dollars to go to the store. What matters is the currency I use, and how it can be used all over the world. But how is converting small bits of BTC into store gift cards each time you shop easier/smarter than converting a chunk of your BTC into cash every month? I mean, do you like to make your life as difficult and complicated as you possibly can? Do you have so much free time that you'd rather look for stores offering gift cards on your website than be free to shop anywhere you please? Explain this shit. BTW, can you buy gift cards in amounts like 2.99? If not, what do you do with the 2.01 change? Catalog it?
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Elwar (OP)
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February 08, 2016, 03:40:55 PM |
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... It is worth it for me to be able to have my foot out the door of the banking/fiat sector and the experience is valuable for showing me how it can be done instead of people theorizing about it.
If you're spending fiat, that means you're not buying bitcoins with that fiat. How is that any different from spending bitcoins instead of spending fiat?
But YOU ARE spending fiat, just doing it in the most inconvenient, convoluted way possible. These gift cards website, for instance, pays the stores with fiat, not BTC. You're simply using an extra middleman. Why not skip the middleman, and make your life a bit easier saner? I get paid in bitcoins...so converting to fiat just to go to the store is an extra step. I couldn't care less what they do on their end. I don't care if someone from Europe comes and uses their credit card and the credit card company changes their euros to dollars to go to the store. What matters is the currency I use, and how it can be used all over the world. But how is converting small bits of BTC into store gift cards each time you shop easier/smarter than converting a chunk of your BTC into cash every month? I mean, do you like to make your life as difficult and complicated as you possibly can? Do you have so much free time that you'd rather look for stores offering gift cards on your website than be free to shop anywhere you please? Explain this shit. The fact that you used the word Benie Babies (auto ignore for that) means you care not for any explanation I could give and I should not have really responded to you in the first place. "If you don’t believe me or don’t get it, I don’t have time to try to convince you, sorry." -Satoshi Nakamoto
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First seastead company actually selling sea homes: Ocean Builders https://ocean.builders Of course we accept bitcoin.
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bargainbin
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February 08, 2016, 03:46:48 PM |
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... It is worth it for me to be able to have my foot out the door of the banking/fiat sector and the experience is valuable for showing me how it can be done instead of people theorizing about it.
If you're spending fiat, that means you're not buying bitcoins with that fiat. How is that any different from spending bitcoins instead of spending fiat?
But YOU ARE spending fiat, just doing it in the most inconvenient, convoluted way possible. These gift cards website, for instance, pays the stores with fiat, not BTC. You're simply using an extra middleman. Why not skip the middleman, and make your life a bit easier saner? I get paid in bitcoins...so converting to fiat just to go to the store is an extra step. I couldn't care less what they do on their end. I don't care if someone from Europe comes and uses their credit card and the credit card company changes their euros to dollars to go to the store. What matters is the currency I use, and how it can be used all over the world. But how is converting small bits of BTC into store gift cards each time you shop easier/smarter than converting a chunk of your BTC into cash every month? I mean, do you like to make your life as difficult and complicated as you possibly can? Do you have so much free time that you'd rather look for stores offering gift cards on your website than be free to shop anywhere you please? Explain this shit. The fact that you used the word Benie Babies (auto ignore for that) means you care not for any explanation I could give and I should not have really responded to you in the first place. No, it's what's called reductio ad absurdum, forcing you to see the absurdity of your thesis by establishing that a structurally identical one is patently absurd. Auto-ignore for not grasping that & getting all defensive and butthurt. "If you don’t believe me or don’t get it, I don’t have time to try to convince you, sorry." -Satoshi Nakamoto
"You need a helmet, brah." --bargainbin
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ricardobs
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February 08, 2016, 07:22:16 PM |
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Damn... Sometimes I'm really jealous of Americans... I don't like this country but I got to say that in economics they're truly innovative! Not like the damn old Europe granny not able to take a fucking decision alone.
That's true. Many websites like coinbase as well only prefer US for sending bitcoin debit cards and withdrawals to banks as well and most of the websites mentioned in the OP as well are available for Americans only. I can't even order a debit card in my country as the shipping itself is more than the price of the card and shopping directly with bitcoins is not available for any websites in my country.
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elizabethqueen
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February 09, 2016, 08:49:44 AM |
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i hope many more startup like cardcash who add bitcoin giftcard to their plan,and as you mentioned,so many store accept that giftcard,this is will become good way to promote bitcoin and spread bitcoin to all aroud the world.
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Supercrypt
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February 09, 2016, 10:31:36 AM |
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Walmart is not available for me and here we have dmart which doesn't accept bitcoins. I need to buy Amazon gift cards to purchase grocery items from online stores but getting gift cards also is time consuming. If I could use an online bitcoin payment like bitpay or coinbase, it would be better.
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beerlover
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February 09, 2016, 10:34:45 AM |
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Among the places where I can use bitcoins, only KFC and Starbucks are two places where I can use it. I mainly shop at Amazon and they have yet not adopted bitcoins and the last time I asked them, they just gave a response that they'll check it out.
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youdamushi
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February 09, 2016, 11:45:17 AM |
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Among the places where I can use bitcoins, only KFC and Starbucks are two places where I can use it. I mainly shop at Amazon and they have yet not adopted bitcoins and the last time I asked them, they just gave a response that they'll check it out.
Lol you can do that? I didn't know that Starbuck was accepting btc! Well you'll never see me spending my btc spent in such a useless over expensive place, but that's good to know
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Lutzow
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February 09, 2016, 11:53:29 AM |
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Yet we're still waiting for that jump in price. We've been in this price range for several weeks now. I guess, it's not making much difference nowadays.
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danherbias07
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February 09, 2016, 12:08:23 PM |
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A wow and a big WOW. That is cool. Thank you for the list that you have provided that are accepting bitcoin. I hope someday it will grew more and there will convenience for all of us.
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Elwar (OP)
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February 09, 2016, 01:54:51 PM |
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Among the places where I can use bitcoins, only KFC and Starbucks are two places where I can use it. I mainly shop at Amazon and they have yet not adopted bitcoins and the last time I asked them, they just gave a response that they'll check it out.
You spend bitcoins on Amazon using http://www.purse.ioI use it all the time. I usually get 20% or more off of my purchase price too. No reason to buy anything on Amazon with fiat unless you hate saving money.
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First seastead company actually selling sea homes: Ocean Builders https://ocean.builders Of course we accept bitcoin.
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Learn007
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February 09, 2016, 03:12:53 PM |
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It's great if such big online stores start accepting bitcoins with ease and it would be more fun if we also get discount on purchasing through bitcoins.
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