How I Crypto

[kryptqnick]

#HowICrypto

Have fun with it and hashtag #HowIcrypto where you use social media.

I use cryptocurrency every single day, I mostly use a middleman like Bitpay to process all of my transactions. So even though I might not be buying bread with USD, I used my Bitcoin to make the purchase. This makes it nice for me since I run my business in the crypto space, I can get paid from someone in China instantly and buy food at the store within 5 minutes. I love that about bitcoin, what about you?

Wow, this is very encouraging. And you're not overpaying by using BTC instead of fiat? Or perhaps you do pay significantly more, but you are alright with such sacrifices for the greater good of promoting Bitcoin?
Also, perhaps you could give some advice on how to use Bitcoin every day to pay for regular stuff? The only things I saw were very distant from what I usually buy, and I did not feel like wasting money on something I don't need for the sake of spending BTC.

[pixie85]

I crypto by holding Bitcoin and trading altcoin. I don't pay with cryptocurrencies because I don't have many options to do it besides maybe buying gift cards. I do it once every few weeks but I prefer to spend fiat and hold crypto.

I respect you guys for transacting every day. It requires a lot of dedication to liquidate a profitable investment.

[gundala]

Cryptocurrency and bitcoin are for convenience. I don't use bitcoin everyday nor week neither months because it is not really easy to come by but I convert my fiat to bitcoin to buy or invest in altcoins because most altcoins have bitcoin as pair.

Me, too. I only use BTC and other altcoins for trading, whereas for my daily needs I convert it to fiat first. It's not a matter of functionality, but I just maximize comfort and effectiveness. Because for me cryptocurrency, especially BTC, is more effectively used as a commodity trading and investment tool than as a means of payment.

[lepbagong]

Cryptocurrency and bitcoin are for convenience. I don't use bitcoin everyday nor week neither months because it is not really easy to come by but I convert my fiat to bitcoin to buy or invest in altcoins because most altcoins have bitcoin as pair.

Me, too. I only use BTC and other altcoins for trading, whereas for my daily needs I convert it to fiat first. It's not a matter of functionality, but I just maximize comfort and effectiveness. Because for me cryptocurrency, especially BTC, is more effectively used as a commodity trading and investment tool than as a means of payment.

many have already used bitcoin as a payment tool, but it seems that the two partners above did not do so and replaced it with fiat for payment transactions. just do it in crypto to make transactions with bitcoin.
my country of bitcoin is not recognized as a valid payment instrument, so it is only fair to say that your country has no problems.
but the prohibition of bitcoin transactions is not prohibited, as long as it is required to transact first it must be fiat first.

[Eugenar]

This is mostly prevalent in some of the countries but in our circle of friends, we mostly transact using bitcoin and other crypto. Though, it isn't widely spread to our community, doing some simple acts like this is preparation to create a business that is mainly focused on bitcoin and cryptocurrency adoption. In addition, I also use cryptocurrency to pay my bills using the local exchange app that we have such as coins.ph, and to pay it in transportation tickets.

[TheGreatPython]

I use cryptocurrency every single day, I mostly use a middleman like Bitpay to process all of my transactions. So even though I might not be buying bread with USD, I used my Bitcoin to make the purchase. This makes it nice for me since I run my business in the crypto space, I can get paid from someone in China instantly and buy food at the store within 5 minutes. I love that about bitcoin, what about you?

unfortunately in my country there are no stores that accept bitcoin or other crypto as payment options so I can't use bitcoin to buy daily necessities, but I once bought electronic goods online using bitcoin as payment and I think in a very sophisticated era now bitcoin and crypto are very good payment options, especially for large amounts.

Marketplaces which are created on blockchain technology use bitcoins as their payment method but not much of the stores are accepting bitcoins as a payment source. There are very few countries doing so and hence it does not allow each of us here to transact with bitcoins to buy any commodity.

We can ofcourse use bitcoins for online shopping as we can see a number of online stores accepting cryptocurrency payments and it is only possible due to various payment gateways who accept cryptocurrencies like coinspayment, etc. We need more awareness about bitcoins so that peoples could also start accepting bitcoins locally with the lightening networks.

[pakhitheboss]

#HowICrypto

Have fun with it and hashtag #HowIcrypto where you use social media.

I use cryptocurrency every single day, I mostly use a middleman like Bitpay to process all of my transactions. So even though I might not be buying bread with USD, I used my Bitcoin to make the purchase. This makes it nice for me since I run my business in the crypto space, I can get paid from someone in China instantly and buy food at the store within 5 minutes. I love that about bitcoin, what about you?

That is great I will be also using this hashtag as I am also in this business. Like you, I am unable to use Bitcoin for day to day requirements as in my country there is hardly any store that accepts Bitcoin but, I can certainly use this hashtag whenever I am exchanging it for fiat or purchasing anything online with it.

[qiwoman2]

It's very encouraging to see Users here using Bitcoin for all their daily needs. As my salary every month is also paid in Bitcoin, I technically too buy all my daily stuff with Crypto as well. The only thing is I don't want to be all over the internet saying what I a doing in order not to attract too much attention from hackers. Social media is a double-edged sword really and after having so much harassment and bullying on Youtube and telegram, I prefer to be a little more low key now. Anyway in my country, they are so behind, I have to mainly exchange to Fiat before I buy anything locally, which is a shame really.

[Kelvinid]

it's really fun to hear stories about how you can use bitcoin in everyday life. but unfortunately bitcoin cannot be used in general here. bitcoin is only used as an individual asset / investment, and there are only local cryptocurrency exchanges. every time I want to buy or pay a bill, I have to convert cryptos to legal currencies here to use. the pleasure of being you.

It is not just a fun thing to hear but it is an encouraging result that Bitcoin gives back to us. Unfortunately, not all of us having that opportunity by then for some reasons and inclusions. We are lucky enough having crypto in our life and being part of its long journey. People make money from here and a source of income.

Crypto adoption had continued and as we go farther many things have changed and many people realize the good deads that Bitcoin/crypto leading to a better future. And we are able to see that more establishments will accept Bitcoin in regular transactions.

[sulendra12]

Using cryptocurrency everyday for my daily trading and daily bill such as my phone bill and electricity bill as well as my monthly bill for college. Crypto is actually so useful for helping my whole economy state, so thank you for crypto for being exist.

[EdvinZ]

It's funny that some people get paid in Bitcoins. But does your employer somehow take into account the strong volatility of the cryptocurrency? Maybe you get a salary every month in Bitcoins, which is equal to a fixed value in dollars?

[FlightyPouch]

Using cryptocurrency everyday for my daily trading and daily bill such as my phone bill and electricity bill as well as my monthly bill for college. Crypto is actually so useful for helping my whole economy state, so thank you for crypto for being exist.

In our country, this is the case, I can pay through an exchange using bitcoin but we are not directly using bitcoin in their case since it is said that they are just converting our bitcoins into fiat and use that to pay the companies we are paying the bills to. So yeah, we are still paying fiat through bitcoin.

[chennappa121]

Bitcoin forum is a good platfrom for all those who dosent work because they can earn nicely. Actually i havent bought anything with Bitcoin but i exchange to fait currency and use it . it has to be regularized soon here and payment should be available so that we can use Bitcoin everywhere.

[alyssa85]

#HowICrypto

Have fun with it and hashtag #HowIcrypto where you use social media.

I use cryptocurrency every single day, I mostly use a middleman like Bitpay to process all of my transactions. So even though I might not be buying bread with USD, I used my Bitcoin to make the purchase. This makes it nice for me since I run my business in the crypto space, I can get paid from someone in China instantly and buy food at the store within 5 minutes. I love that about bitcoin, what about you?

Wow, this is very encouraging. And you're not overpaying by using BTC instead of fiat? Or perhaps you do pay significantly more, but you are alright with such sacrifices for the greater good of promoting Bitcoin?
Also, perhaps you could give some advice on how to use Bitcoin every day to pay for regular stuff? The only things I saw were very distant from what I usually buy, and I did not feel like wasting money on something I don't need for the sake of spending BTC.

Bitpay converts using the spot price. So at the time you buy, you are paying the same as if you had bought in fiat.

Of course if the price of bitcoin then goes up, you have overpaid. But if it goes down, you underpaid.

[cryptoadventuresofficial]

 well, it's a pity but i'm kinda afraid of using BTC for everyday payments

[Sterbens]

When I trade or invest I always use bitcoin and other altcoins, but when I want to buy for home purposes I can't pay using bitcoin and altcoin, I still have to convert to fiat so I can buy the things I want to buy.
In every different country that accepts bitcoin in payments there is also a prohibition on it.

[ice098]

When I trade or invest I always use bitcoin and other altcoins, but when I want to buy for home purposes I can't pay using bitcoin and altcoin, I still have to convert to fiat so I can buy the things I want to buy.
In every different country that accepts bitcoin in payments there is also a prohibition on it.

We have the same problem. Here if I trade I am frequently using bitcoin because for me it is the most profitable and trusted coin. But I cant use it outside the crypto world because here in my country there are no stores or any other business establishments who uses cryptocurrency as a mode of payment and only few citizens here in my country knows about crypto world.

[joinfree]

Through the use of bitcoin i have access to my funds all the time and i am able to use it anytime i want it. I have been able to use to make some online purchases and i have received my goods safely. bitcoin is easy and safe to use and we can only achieve global adoption if people actually get to use it as a medium of exchange.

[darkangel11]

When I trade or invest I always use bitcoin and other altcoins, but when I want to buy for home purposes I can't pay using bitcoin and altcoin, I still have to convert to fiat so I can buy the things I want to buy.
In every different country that accepts bitcoin in payments there is also a prohibition on it.

We have the same problem. Here if I trade I am frequently using bitcoin because for me it is the most profitable and trusted coin. But I cant use it outside the crypto world because here in my country there are no stores or any other business establishments who uses cryptocurrency as a mode of payment and only few citizens here in my country knows about crypto world.

You guys can buy real estate with Bitcoin. There are 3 ways to do it.
1. look for property you can buy for bitcoin. Sometimes people use the word Bitcoin to promote their offers but those are often luxury apartments.
2. Ask for the owner to accept Bitcoin. Say that you'll buy if he sets up an exchange account and accepts cryptocurrency. Some people will go for it.
3. You can work with an attourney or a notary to act as escrow. You will send crypto to that person and they will confirm to the buyer that the payment has been made. Then the escrow will sell cryptocurrency and release the payment when everything is signed.
It's a lot of work but it's possible.

[Lizzylove1]

Cryptocurrency is a border-less pay that happens almost immediately at a very low fee. This is why the banks are angry of the degree of freedom this brings and they fear they will lose good fund in the area of fees. Dump the banks now.