Where and How to Spend Your Bitcoins?

[rainezerr]

A lot of people in recent days have started to look into digital currency, but here is the question — where and how can you possibly spend your bitcoins and altcoins?BTC

I prefer to spend my bitcoins on another altcoins that has a very good platform, in this way you can multiply your coins depending on how good the project of the current altcoin you have invested.

[htsz_da12]

At present, there are few places to accept BTC. At present, the value of BTC hype is much higher than the actual value of utilization. Therefore, BTC has been accepted as the payment method for several reasons of stores in Japan and Korea.

[Ryker1]

I spend it for my daily needs like food or I can buy something like gadgets, but I convert it first into fiat because our country is not known yet bitcoin as a payment.

I do the same, our country doesn't accept bitcoin as a payment method too, I convert it to fiat too. I also use bitcoin to sustain my daily needs, but I keep some of it and spend it to other currencies, I also save some for my future, so that I can withdraw something in the time of crisis.

[ylnar123]

A lot of people in recent days have started to look into digital currency, but here is the question — where and how can you possibly spend your bitcoins and altcoins?BTC

I don't know to some altcoins, but I do know where to spend my bitcoins. There are online shops which accept Bitcoin and some of the utility billing are accepting it too. That is where I spend my earnings in bitcoins aside from converting it to Fiat currency.

[South Park]

Bitcoins till now have been more like a liaison currency, between digital value and real value. People trade cryptocurrencies to make more 'currency' only to exchange them for fiat and spend at will. So far, there are seeming no standard merchant system adopting the use for these digital currencies, everyone is saying it's because of the lack of regulatory structure, others claim it's because of volatility.

The best thing to do, is to maintain the status quo just until we have a robust structure in place for proper use case of cryptocurrencies as a whole (not bitcoin alone).

The real issue is adoption, there are not enough people holding bitcoin right now and asking business to pay with bitcoin, the moment we get more people like that then business will begin to accept bitcoin immediately, it is my belief that this will not happen in an organic way, rather what we are going to see is that bitcoin will be adopted when a big financial crisis happens all over the world.

[heartder]

It is a good payment option for people who want some anonymity. This can be handy in a number of situations.

[NeuroticFish]

It is a good payment option for people who want some anonymity. This can be handy in a number of situations.

Be careful, Bitcoin is pseudo-anonymous, not anonymous. If you don't do anything to cover your tracks, people may be able to link your Bitcoin payments back to you.
There are anonymous altcoins though, specially designed for keeping the payments anonymous.

[Ava Duvall]

A lot of people in recent days have started to look into digital currency, but here is the question — where and how can you possibly spend your bitcoins and altcoins?BTC

everyone has different needs, wants and plans for their bitcoin and altcoin. some buy and some invest, everyone has personal outlook and do how they see fit. i personally invest

[polikarp]

You can spend bitcoins to:

1) Buy online services.

2) Get other alt coins.

3) Make large deals like real estate.

4) In online casino .

[mbenga]

A lot of people in recent days have started to look into digital currency, but here is the question — where and how can you possibly spend your bitcoins and altcoins?BTC

My way is to hold bitcoins until they will gain some bigger value than it is right now and then to spend it when I will already have an opportunity to directly spend it for something worthy.

[South Park]

It is a good payment option for people who want some anonymity. This can be handy in a number of situations.

Be careful, Bitcoin is pseudo-anonymous, not anonymous. If you don't do anything to cover your tracks, people may be able to link your Bitcoin payments back to you.
There are anonymous altcoins though, specially designed for keeping the payments anonymous.

This is a very common confusion among newbies, they think bitcoin is anonymous when that is not the case and then they try to do a lot of things that they may never do with fiat and then they get caught and regret their actions but by then it is too late, do not do with bitcoin something that you would not do with fiat that way you will never get in trouble.

[udonmez]

I spend bitcoin only for icos. I do not know anywhere to use it in real life.

[Freddie Aguiluz]

A lot of people in recent days have started to look into digital currency, but here is the question — where and how can you possibly spend your bitcoins and altcoins?BTC

Spend only the coins you have alot for spending. Dont spend those coins you save and those that are to be invested.

[Tomborneque_1102]

If I'm going to have a Bitcoin. I will trade it to a real money. then, I will buy all the things that I needed. I will also invest some in some Bitcoin-related Business. so that I can still earn more Bitcoin.

[Jannatul Shefa]

I don't have any bitcoin right now. If I find a bitcoin I will keep it and wait for increasing. When the price will rise I will sell it. And then I will use the money for my expenses. That's how I will spend bitcoin.

[snaper14]

For example I have seen many persons to sell their cars or properties in exchange with btc, so you could find one of them and offer btc by sending it to their wallets and getting their car or property.

[Neraj Evad]

For one time pleasure in life after hardwork and busy sched, if you have plenty of bitcoin then you can relax, for me I will got to beauful places around the world especially those places that cryptocurrency is legit and accepted, spend time with your family for relaxation and entertainment in your life.

[TheClownSong]

A lot of people in recent days have started to look into digital currency, but here is the question — where and how can you possibly spend your bitcoins and altcoins?BTC

Several country like germany and Japan already allowing merchant accepting bitcoin payment. Its take time for others country following Germany and Japan but I am believe it will happen soon. Bitcoin become more popular and government will issuing regulation so peoples can spend their bitcoin and government can earn taxes

[Pattart]

A lot of people in recent days have started to look into digital currency, but here is the question — where and how can you possibly spend your bitcoins and altcoins?BTC

Several country like germany and Japan already allowing merchant accepting bitcoin payment. Its take time for others country following Germany and Japan but I am believe it will happen soon. Bitcoin become more popular and government will issuing regulation so peoples can spend their bitcoin and government can earn taxes

Yeah when many countries have legalized bitcoin, many merchants will start to adopt bitcoin as their payment method, and that's
when convenience of spending bitcoin will be get. for now I do not spend too much crypto, because it's hard to use it as a currency..

[Bobby park]

A lot of people in recent days have started to look into digital currency, but here is the question — where and how can you possibly spend your bitcoins and altcoins?BTC

Spending of bitcoin in real life situation is not executed yet in my country. We are more on fiat currency and bitcoin is a money income with a sort of utility in my part. I just used bitcoin to buy coin in the market and use it as a payment in a mall or utility bill. However, I usually convert it in fiat so that I can use wherever I go.