If there is a store like Amazon or ebay that accepts only BTC would you use it?

[rdluffy]

Nowadays BTC and cryptos are investment for me, I put money and hardware to earn coins and hold as long as I can in my strategy
Maybe in the future I'll spend coins like regular fiat, but it need to be a less taxes system

[olamidey]

For stores that accept payment through cryptocurrencies, trust is an integral part of its acceptance. It's only in trusted sites that you can spend freely without fear or thoughts of loading money. Issues like transaction fees, refunds are all what may affect this process. But if Amazon or eBay comes up with this, it will be well accepted

[sammyp]

Most peoples' answer to this depends on how long they've been in crypto.

If I was a brand new arrival absolutely not. Why would you? There are options that are non volatile and less hassle. Obtaining your crypto would've been a grind.

If you're sitting on a pile of free gains then why not? Time to realise them by buying some junk.

The latter are in a minority so I don't think any such place would thrive. And most of the time the existing places like this charge you more money for the honour of paying with crypto with much worse choice. I'd never take a shittier deal because of some sentimental attachment to my payment method and anyone who does is a numpty.

I appreciate your opinion. But I'm curious would you say for yourself that at this point of time crypto represents only an asset for you?

I in particular see and equate cryptocurrencies to other currencies like the fiat. While it can serve as a valuable asset, it will also be nice to see it being used outside our crypto wallets as an exchange for goods and services. If we dream of mass adoption, then we must teach the masses how to adopt

[stfN2128]

of course, buying something nice from time to time isn't bad at all i wouldn't use it regularly because most of my crypto investments are for longterm. but when i have made nice gains on a coin... taking some profits are always good

[Moiyah]

What I'm trying to ask is would you use that type of store with your crpyto (maybe that store accepts more crypto not only BTC) or you see crypto only as an asset that will provide you more fiat money in the future?

Of course I will not hesitate to use my btx to buy some stuffs online with Amazon, etc. As you can see, it is not only an investment but this btc is also use as a crypto online payments. Isn't great if we use our btc in this area? To be honest, I've never tried paying btc online. Oh wait, but I've already used it paying my bills.

[sngwinner]

I do not why any store will limit buying an item to only btc while they can implement several other means. However, I  will use my btc to buy items from the shop because I use it to purchase items from shops that accept it.

[kickdapa]

Of course, I will love to spend my BTC to buy goods from any kind of shop or e-commerce sites! But I don't think any e-commerce site will start accepting only BTC, rather they would add more payment method. Though Bitcoin transaction fee and speed still not ready to use in a big e-commerce shop like Amazon and eBay. As eBay is planning to take digital currency I think they will start accepting BTC and BTC transaction speed will be improved for good.

[Indamuck]

Ebay owns paypal so they will never accept a payment method like bitcoin, they would create their own coin before they accepted any of the established ones.  Also I doubt Amazon will ever accept crypto directly but there are a lot of 3rd party services that allow you to buy on Amazon with btc.

[BitBustah]

I would avoid spending BTC whenever possible, it is deflationary which means it should continue to rise.  If the only currency people used was deflationary the economy would come to a stop.  Inflationary currency does have some benefits with the main one being is that it makes people spend more and encourage economic growth.

[Xising]

Most peoples' answer to this depends on how long they've been in crypto.

If I was a brand new arrival absolutely not. Why would you? There are options that are non volatile and less hassle. Obtaining your crypto would've been a grind.

If you're sitting on a pile of free gains then why not? Time to realise them by buying some junk.

The latter are in a minority so I don't think any such place would thrive. And most of the time the existing places like this charge you more money for the honour of paying with crypto with much worse choice. I'd never take a shittier deal because of some sentimental attachment to my payment method and anyone who does is a numpty.

That is right, but I think many people will still do and actually use it to pay for goods and services just for the sheer convenience and ease of it. It is really an easy call for some, especially those who have been so used to using their credits cards. Moneyless transactions have become the norm these days, and for someone who has a substantial amount of Bitcoin to use, especially when its price becomes a tad more stable, it would be easier to use it truly as a currency like it is meant to be used.

[posi]

Most peoples' answer to this depends on how long they've been in crypto.

If I was a brand new arrival absolutely not. Why would you? There are options that are non volatile and less hassle. Obtaining your crypto would've been a grind.

If you're sitting on a pile of free gains then why not? Time to realise them by buying some junk.

The latter are in a minority so I don't think any such place would thrive. And most of the time the existing places like this charge you more money for the honour of paying with crypto with much worse choice. I'd never take a shittier deal because of some sentimental attachment to my payment method and anyone who does is a numpty.

You make a good point but we all purpose of holding crypto and how earning are not the same so some newbie can still spend some of their holding. However, that doesn't mean the place thrive as you presume cause a lot of project have offer the same service and they didn't but been partner with amazon and eBay should be Ok to make the project thrive and no sentiment should be attached to user payments.

[ramsdaj28]

What I'm trying to ask is would you use that type of store with your crpyto (maybe that store accepts more crypto not only BTC) or you see crypto only as an asset that will provide you more fiat money in the future?

If there's such online shopping site that provide that kind of service, then why not. Actually, there's pros and cons regarding that.

Pros:
1. Convenience - since cryptos are electronically transferred through crypto network, shopping will be hussle-free.
2. Accessibility - online shops are widely known in today's generation. With the integration of cryptos and online shopping, products from other countries can be easily sold to another country without any intervention in payment.

Cons:
1. Transparency - considering that cryptos are decentralized, there will be some issue regarding the transparency of the payment as a whole, unless online shops have their own wallets which you can top-up with cryptos.
2. Volatility - cryptos are also known to be volatile, which means that its value might change in just a matter of seconds. This will lead to some sort of issues regarding the pricing of products esp. when products are tagged with their crypto price instead of fiat price.

[eworh]

I am glad that more e-commerce companies are starting to allow the use of cryptocurrency to pay. It can be assumed that Amazon and Ebay will develop their own cryptocurrency

If cryptocurrencies become an affordable means of payment for trading, then this will also be a good opportunity to combine earnings from the sale of goods with investments. After all, you can use coins for trading and increase your free profits.

So far I have only met projects that offer users to create trading platforms and monetize content. I tried to cooperate with the taklimakan platform and it is very convenient when you get tokens as bonuses and find active subscribers and buyers. And if large retailers are allowed to use cryptocurrencies, it will help strengthen the market.

In my opinion it will not only have a positive effect on the cryptocurrency course, but also allow more people to start using crypto coins. Before that, many people had only heard of their existence, but had not seen a real use. But now the situation may change

[nicko122]

What I'm trying to ask is would you use that type of store with your crpyto (maybe that store accepts more crypto not only BTC) or you see crypto only as an asset that will provide you more fiat money in the future?

I think many people support the idea of using cryptocurrency not only in the form of an investment, but also as a method of payment for goods and services. After all, who prevents the use of cryptocurrencies in different ways, especially if their functions allow it. As for me it is very good that we now have so many alternative currencies.

[Rahman11]

Cryptocurrencies are easy to use, and suitable for everywhere if accept it! now bitcoin is most demandable cryptocurrency and most usable also, and also bitcoin accept some of countries in this world! also bitcoin is a decentralised cryptocurrency then it's can use everywhere anyone, so it's can do use over black markets! it's a another side of cryptocurrencies! I prefer bitcoin for everything for fiat money for buy something! everything!

[kennen1113]

Ebay owns paypal so they will never accept a payment method like bitcoin, they would create their own coin before they accepted any of the established ones.  Also I doubt Amazon will ever accept crypto directly but there are a lot of 3rd party services that allow you to buy on Amazon with btc.

I feel that both of these big companies will never accept bitcoin or crypto because the regulation of bitcoin is not available, and of course, a large company will not apply a payment method that the government does not accept. In addition, the value of bitcoin is always very profitable because of its volatility, every user understands it, there is no reason for them to use bitcoin to pay for something, investment and accumulation and investment, that's what people will do with bitcoin, used to pay never lies in people's minds.

[jakelyson]

What I'm trying to ask is would you use that type of store with your crpyto (maybe that store accepts more crypto not only BTC) or you see crypto only as an asset that will provide you more fiat money in the future?

I will gladly spend my crypto on stores that accept them. What is the use of generating so much value for crypto if you will not spend them on something you like. I already have allocations of crypto for investments. I also have crypto that I use for spending.

[prtty2gal2]

What I'm trying to ask is would you use that type of store with your crpyto (maybe that store accepts more crypto not only BTC) or you see crypto only as an asset that will provide you more fiat money in the future?

Such store where peoples could shop only with Cryptos would really be appreciated by the peoples but it might perhaps not go that successful financially. Peoples who are been engaged with the cryptocurrencies are been investing them or earning dividends from those but very little number of peoples invest or purchase cryptocurrencies to spend them into any of the marketplace for various goods and services.

The one's who are deeply enrolled into the cryptocurrencies would hardly lack in FIAT currencies so most of them can use FIAT currencies to make any purchase online. Also there are some consequences which we need to face if we have made up our mind paying with cryptos and that is the transaction fees as well as the highly unstable and volatile price.

[smyslov]

What I'm trying to ask is would you use that type of store with your crpyto (maybe that store accepts more crypto not only BTC) or you see crypto only as an asset that will provide you more fiat money in the future?

Yes why not, we have to support a store like this that accepts cryptocurrency, cryptocurrency is intended to be used as a peer to peer or an online payment processor, by supporting them, it will attract more online store to use cryptocurrency, it's like a domino effect.

[veleten]

What I'm trying to ask is would you use that type of store with your crpyto (maybe that store accepts more crypto not only BTC) or you see crypto only as an asset that will provide you more fiat money in the future?

of course I would use it , without a doubt
I'm a staunch supporter of bitcoin and cryptocurrencies in general , so the more stores that allow direct purchases with btc the better
I would not buy just because it accepts btc if it doesn't have competitive prices or offer no goods I'm interested in , though
as for treating crypto as an asset , yes it is an asset to me currently simply because there is no infrastructure ready to use it as money at the moment
maybe soon , when there are more stores like you've described appear and there is more competition and the adoption is huge - this is the goal in mind