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Author Topic: [2017-04-27] A Bitcoiner's Travel Guide to London  (Read 6824 times)
BTCManagerOfficial
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April 27, 2017, 07:19:11 PM
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While bitcoin is not yet a widely accepted currency, it is being adopted increasingly amongst a variety of shops in the UK’s capital and city of the world, London. I decided to write this travel guide as a way to support bitcoin accepting businesses and raise awareness of what you can actually buy with the cryptocurrency...

Read more Here:

https://btcmanager.com/bitcoiners-travel-guide-london/

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April 27, 2017, 09:45:49 PM
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Nice read.  I used to spend more BTC than I have in the last year.  Even my higher priced coins last summer were bought in the mid 600's, but now they are double + that amount.  I have decided to spend fiat for things because fiat investments are not even close to the gains percentage wise as my BTC.  Still this is great that folks are using coins in more places.

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April 28, 2017, 01:13:58 AM
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Nice read.  I used to spend more BTC than I have in the last year.  Even my higher priced coins last summer were bought in the mid 600's, but now they are double + that amount.  I have decided to spend fiat for things because fiat investments are not even close to the gains percentage wise as my BTC.  Still this is great that folks are using coins in more places.

If the discounts are great, then you can still consider spending bitcoins and then buying them back at exchanges.
This helps drive Bitcoin adoption and eventually the price will increase.
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April 28, 2017, 05:35:55 PM
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Nice read.  I used to spend more BTC than I have in the last year.  Even my higher priced coins last summer were bought in the mid 600's, but now they are double + that amount.  I have decided to spend fiat for things because fiat investments are not even close to the gains percentage wise as my BTC.  Still this is great that folks are using coins in more places.

If the discounts are great, then you can still consider spending bitcoins and then buying them back at exchanges.
This helps drive Bitcoin adoption and eventually the price will increase.

Yes, it is very good that the adoption of bitcoins occurs more often in large cities. I live in a country where the status of bitcoin is uncertain. But this year I saw the news for the first time that my government is ready to consider this issue
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April 28, 2017, 05:55:48 PM
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Very interesting read. Where I'm from there's no way you could survive solely on bitcoin. Unfortunately, no merchants in the area accept it, YET! I know that it's inevitable that sooner or later some alt currency will be used nation and hopefully worldwide. The article really opened my eyes to just exactly how many people in larger burbs and cities actually use bitcoin. I'd actually prefer to be able to use bitcoin as opposed to fiat currency in my day to day shopping as I'm not a huge fan of my data being sold to marketing companies. But I digress, one day my friends one day.

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April 28, 2017, 08:47:08 PM
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Very interesting read. Where I'm from there's no way you could survive solely on bitcoin. Unfortunately, no merchants in the area accept it, YET! I know that it's inevitable that sooner or later some alt currency will be used nation and hopefully worldwide.
No one's talking about surviving solely on Bitcoin, that's very near impossible anywhere.  You'd be lucky if you could get a coffee for it, not to mention how crazily expensive it would be to buy with the fee being more than a quarter of the price most of the time.

Surviving on Bitcoin would require loads of people to accept it - your landlord for rent (somewhat practical); the petrol station (less practical); supermarkets (less practical again); and casual shops, coffee shops and places like that (completely impractical).  Unfortunately shops are going backwards in terms of how practical it is to spend Bitcoin there - coffee shops sometimes accept it for no reason.

You'd still be lucky to buy anything with Bitcoin.  In reality there aren't very many merchants at all and those that do accept it don't know enough about it.  Some would even treat it as a gimmick, which for transactions like the ones they accept with it it is.

Articles like this don't help Bitcoin's adoption.  Reality does.
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