Buying food or groceries with Bitcoin

[enhu]

An app which merchants or buyer can just send the Tether (USDT) instead of BTC when buying products may just work for this. This I think will make them comfortable in accepting BTC when they know its price can fluctuate immediately after receiving. Two things are solved in this process, less transaction fee and also stable money for them that they can cash out to fiat.

[coolcoinz]

Do you think that in the future it'll be possible to buy food or groceries with Bitcoin?

I'm sure it will be an option. 10 years ago you weren't able to order food with Bitcoin and now you can. There are even services that connect multiple food delivery services and accept bitcoin payments. With LN it will be much easier and much cheaper, so I bet groceries will also be a thing.
The question is whether people will choose to spend their valuable coins instead of fiat money. IMO this is going to be a bigged deterrend than volatility because you can run payments through a service that will convert it instantly into fiat money, so there's no risk for the merchant that he'll get less than he should.
I prefer to spend fiat and hold bitcoin whenever I can so spending it on grocerise isnt going to become a big trend, rather a niche thing.

[MCobian]

I am among those who believe that food can be bought with bitcoin in the future, we only need to do a bitcoin promotion continuously,
so there will be many businesses and merchants that accept payments with bitcoin. Most people now use bitcoin for trading and investment,
that's why the common people do not recognize bitcoin as currency. Starting from ourselves from now on try spend bitcoin by buying food or
something. So there will be many people affected to use bitcoin as a currency.

[dongosquad]

Do you think that in the future it'll be possible to buy food or groceries with Bitcoin? I know that volatility is a huge issue for Bitcoin to be accepted as an alternative to traditional Fiat, but merchants and businesses could quickly convert Bitcoin to a stablecoin minimizing the risk of loss. What are your thoughts?

That possibility could happen, as long as the local government legalized buying and selling transactions using bitcoin. When will it happen? I don't know, because so far I think national currency is very effective for instant and micropayments, so there is no urgent reason to use cryptocurrency. If we look at the corona pandemic, where non-cash payments are preferable to avoid physical contact, then there is an alternative to using e-money. Once again, cryptocurrency is not yet a superior alternative. But it does not rule out the possibility that someday, as cryptocurrency adoption becomes more widespread, technological development is more advanced, people will become more familiar with crypto finance, the things mentioned by the OP can happen.

[Benefactor]

Bitcoin is gaining popularity day by day. If it can continue this trend it will become a widely used online currency. I think you will be able to pay for all the necessities of life, not just food and groceries. However, I do not know when the government of the countries where bitcoin has been banned will have good sense. They do not agree that there are many good aspects of Bitcoin in terms of usage. If this problem is solved, one day it will become very popular for payment of any product all over the world.

[kotajikikox]

Do you think that in the future it'll be possible to buy food or groceries with Bitcoin? I know that volatility is a huge issue for Bitcoin to be accepted as an alternative to traditional Fiat, but merchants and businesses could quickly convert Bitcoin to a stablecoin minimizing the risk of loss. What are your thoughts?

I think when the adoption totally comes?Volatility will never be a problem at all because Bitcoin will not be converted into fiat instead this will exist as a currency and not to be transferred like now.

Bitcoin is gaining popularity day by day. If it can continue this trend it will become a widely used online currency. I think you will be able to pay for all the necessities of life, not just food and groceries. However, I do not know when the government of the countries where bitcoin has been banned will have good sense. They do not agree that there are many good aspects of Bitcoin in terms of usage. If this problem is solved, one day it will become very popular for payment of any product all over the world.

Little time we need until government will finally open the door to accept bitcoin as currency.

[AmoreJaz]

Bitcoin is gaining popularity day by day. If it can continue this trend it will become a widely used online currency. I think you will be able to pay for all the necessities of life, not just food and groceries. However, I do not know when the government of the countries where bitcoin has been banned will have good sense. They do not agree that there are many good aspects of Bitcoin in terms of usage. If this problem is solved, one day it will become very popular for payment of any product all over the world.

i think if there will be supermarkets that are already accepting bitcoin, some crypto users already have tried their service. but up until now, i havent seen any grocery that is accepting bitcoin. but yes, this will be possible in the next coming years. as large ecommerce sites are starting to integrate btc, large supermarkets will follow and maybe our local supermarket afterwards.
so it is only a matter of time to have crypto in supermarkets.

[Janation]

I don't think that grocery markets accepting Bitcoin will be so popular in the future. It's a cool startup idea and can improve crypto adoption, but it isn't very convenient for retailers.

I don't think at that time we are still talking about the cryptocurrency adoption.

If we will be at that time, then that means the demand of Bitcoin and other cryptocurrency is so high that people are actually using it and the price might be so high. It is not a choice or an option for merchants and stores to accept it, they will automatically consider it since people are already using it.

It is convenient for those people but right now, they can't just get ahold of the volatility of it.

[Cling18]

Bitcoin's popularity has been increasing ever since the bull market of 2017 took place. Even with the pandemic, prices have recovered to their original levels (near $10k) in just a matter of months. More people are accepting Bitcoin worldwide, albeit at a slow and steady pace. I've seen many sites out there in the online world which accepts Bitcoin for goods and services. But the number of businesses and merchants accepting it for food or groceries are quite limited. In the physical world, supermarkets and even fast foods haven't even adopted Bitcoin yet. Fiat is still the predominant type of currency in the mainstream world, for buying items that are required for one's survival.

Do you think that in the future it'll be possible to buy food or groceries with Bitcoin? I know that volatility is a huge issue for Bitcoin to be accepted as an alternative to traditional Fiat, but merchants and businesses could quickly convert Bitcoin to a stablecoin minimizing the risk of loss. What are your thoughts?

I don't think that it will happen soon but it isn't impossible to happen since most transactions now are usually done online or through the use of the latest technology. There are actually a few merchants who are starting to accept bitcoin payment in our country. We only need adoption and more people to recognize the use of cryptocurrency.

[Assface16678]

It is not news that there are some people already accept the use of the bitcoin because most of them are using this too before only a few people see the potential of the bitcoin as payment but with the will of the people to make an earning and adopt the use of it they make an innovation to accept it.
Most of the possible thing that can help with the use of the blockchain is the RFID and Barcode scanner because this is one of the most famous and easier ways of payment if they will direct that scanner to the wallet address and send the funds.

Bitcoin is gaining popularity day by day. If it can continue this trend it will become a widely used online currency. I think you will be able to pay for all the necessities of life, not just food and groceries. However, I do not know when the government of the countries where bitcoin has been banned will have good sense. They do not agree that there are many good aspects of Bitcoin in terms of usage. If this problem is solved, one day it will become very popular for payment of any product all over the world.

i think if there will be supermarkets that are already accepting bitcoin, some crypto users already have tried their service. but up until now, i havent seen any grocery that is accepting bitcoin. but yes, this will be possible in the next coming years. as large ecommerce sites are starting to integrate btc, large supermarkets will follow and maybe our local supermarket afterwards.
so it is only a matter of time to have crypto in supermarkets.

There is a chance that they will not accept the use of the bitcoin for now because some of the countries are now recovering at the same time the bitcoin does not have a good market price and one of the biggest enemies of the people who want to use this is the market volatile it's a big loss to them if they still support the bitcoin when the market falls.

[milewilda]

Bitcoin is gaining popularity day by day. If it can continue this trend it will become a widely used online currency. I think you will be able to pay for all the necessities of life, not just food and groceries. However, I do not know when the government of the countries where bitcoin has been banned will have good sense. They do not agree that there are many good aspects of Bitcoin in terms of usage. If this problem is solved, one day it will become very popular for payment of any product all over the world.

i think if there will be supermarkets that are already accepting bitcoin, some crypto users already have tried their service. but up until now, i havent seen any grocery that is accepting bitcoin. but yes, this will be possible in the next coming years. as large ecommerce sites are starting to integrate btc, large supermarkets will follow and maybe our local supermarket afterwards.
so it is only a matter of time to have crypto in supermarkets.

Actually there are already supermarkets that do integrate bitcoin into their payment system.
https://www.finder.com.au/iga-grocery-stores-to-start-accepting-cryptocurrency
https://news.bitcoin.com/brazilian-supermarket-chain-now-accepts-payment-in-bitcoin/

Its good to see the adoption and we can say that it is indeed possible even if there are flaws towards volatility.

[daneal stev]

Bitcoin had a very popular popularity in various parts of the world and it has been used by many companies from where I am using. This coin is used to buy some toys from stores and there are also many. Some of the museums that offer goods have started relying on the coded case and I have heard that Amazon store has begun to accept bitcoin currency and I am sure that this currency will be relied on by the slave. From companies in the future, I am sure that this currency will be used in the future to buy food, clothing and many other important goods in our daily life, but it is impossible to become the bitcoin currency Stable currency The thing that distinguishes this currency is the currency being decentralized and unstable

[Charles-Tim]

From companies in the future, I am sure that this currency will be used in the future to buy food, clothing and many other important goods in our daily life, but it is impossible to become the bitcoin currency Stable currency The thing that distinguishes this currency is the currency being decentralized and unstable

Bitcoin is used now to do a lot of transactions, it is used to pay for purchase of goods and services, used to pay in hotels and dancing bars etc. Did you people just think bitcoin is the third largest payment method in Italy, which mean it is used even for daily purchase in such country. There are some countries that are even using cryptocurrencies  like normal fiat for transactions since some years back, good examples are Slovenia and many other European countries.

[panganib999]

Bitcoin's popularity has been increasing ever since the bull market of 2017 took place. Even with the pandemic, prices have recovered to their original levels (near $10k) in just a matter of months. More people are accepting Bitcoin worldwide, albeit at a slow and steady pace. I've seen many sites out there in the online world which accepts Bitcoin for goods and services. But the number of businesses and merchants accepting it for food or groceries are quite limited. In the physical world, supermarkets and even fast foods haven't even adopted Bitcoin yet. Fiat is still the predominant type of currency in the mainstream world, for buying items that are required for one's survival.

Do you think that in the future it'll be possible to buy food or groceries with Bitcoin? I know that volatility is a huge issue for Bitcoin to be accepted as an alternative to traditional Fiat, but merchants and businesses could quickly convert Bitcoin to a stablecoin minimizing the risk of loss. What are your thoughts?

That could be possible once people and merchants have adapted the usage of Bitcoin and the whole cryptocurrency in order to purchase foods and other services provided that cryptocurrency like Bitcoin would be use as a payment option.

Only that can be possible if the increase of demand on using cryptocurrencies to buy food and groceries will take place so merchants will going to adjust into the people's demands and make a way for the acceptance of using Bitcoin would happen. Before such thing could happen, people must first know the importance and usage of Bitcoin for them to be able to adapt on using such currency to purchase daily life needs like groceries and other services as well.

[Findingnemo]

Bitcoin's popularity has been increasing ever since the bull market of 2017 took place. Even with the pandemic, prices have recovered to their original levels (near $10k) in just a matter of months. More people are accepting Bitcoin worldwide, albeit at a slow and steady pace. I've seen many sites out there in the online world which accepts Bitcoin for goods and services. But the number of businesses and merchants accepting it for food or groceries are quite limited. In the physical world, supermarkets and even fast foods haven't even adopted Bitcoin yet. Fiat is still the predominant type of currency in the mainstream world, for buying items that are required for one's survival.

Do you think that in the future it'll be possible to buy food or groceries with Bitcoin? I know that volatility is a huge issue for Bitcoin to be accepted as an alternative to traditional Fiat, but merchants and businesses could quickly convert Bitcoin to a stablecoin minimizing the risk of loss. What are your thoughts?

It will take time, the possible reason why bitcoin is not accepted on small scale shops is due to the price volatility and legality issues. But some African countries accept cryptos for everything even for barber shops if I am remember it correctly.So in the places where inflation is way too high their people started using cryptos which will happen with other countries as well when their inflation started to increase out of their hand.

[rathaha10]

Do you think that in the future it'll be possible to buy food or groceries with Bitcoin? I know that volatility is a huge issue for Bitcoin to be accepted as an alternative to traditional Fiat, but merchants and businesses could quickly convert Bitcoin to a stablecoin minimizing the risk of loss. What are your thoughts?

A really bright future awaits bitcoin and the whole blockchain concept as the outside world keeps learning more and more about the concept of blockchain and cryptocurrency with each day passing and just like you said, we're seen more and more platforms trying to leverage the potentials of of the crypto market by creating plugins and API's that let them receive payments through cryptocurrency. I believe the outside world will truly asset bitcoin massively if more improvement can be see to volatility, speed, security as well as scalability

[maxreish]

We can actually do that even now. There is also one bar here in our place that accepting crypto coins like bitcoin to buy drinks and foods with them. And also there are online services that are already doing that.  Here are some of it, though it wasn't updated.
- https://news.bitcoin.com/8-food-delivery-sites-that-accept-cryptocurrency/

I often use bitcoin to pay my bills, so if we are talking about on the increasing use of btc in the future, it will optimistically grow. Since many were already been aware on how to use bitcoin to spend it.

[carlisle1]

An app which merchants or buyer can just send the Tether (USDT) instead of BTC when buying products may just work for this. This I think will make them comfortable in accepting BTC when they know its price can fluctuate immediately after receiving. Two things are solved in this process, less transaction fee and also stable money for them that they can cash out to fiat.

Even USDT is stable coin yet Bitcoin can be still good for the buying from merchants,Yeah volatility is indeed but in future?this will not count instead we will be talking about all fair as if we will not need to compare or convert Bitcoin to Fiat.

In our country, Gov will not let it happen. So the seller will not take a risk to open shops that accepts BTC. Also most of the BTC owners hold BTC as  an asset, max of them don't want to use as a regular currency. 

Actually that is an advantage for people that loves to Hold bitcoin,offering service or selling items in exchange for Bitcoin is much better option to accumulate more right?

[ChiBitCTy]

Why not be able to accept bitcoin for groceries in the future? I know here in Chicago there are small little mini marts that currently bitcoin.  Sure nothing on a large scale, but that doesn't mean that's not coming in the future.  We are still in the first inning people, that's important to keep in mind.

[iv4n]

I think that is because most people don't know about crypto, especially bitcoin. And if they want to buy something at the supermarket, fast food, or another physical store, they can use credit and debit cards, which means they don't have to use fiat money. That prevents them from the Covid-19 spreads because of using paper money, and they can keep their hands clean. Besides using credit and debit cards, they also have another digital payment that store on their mobile phone, so they can directly deposit to their account, and they can buy what they want.

I am sure that in the future, we can use crypto to buy in the groceries and the local store, but perhaps, we are not only using bitcoin but also using the other coins as the payment system. It's a matter of time for people to know and learn crypto, and once they know the crypto, I think they will encourage each other to use crypto for many things, including buying at the local store.

Explained! People can use bitcoin and other coins for paying, maybe it's not directly as we would want it, but even that is possible in some advanced towns, to not say countries, even in big countries there's a big difference in town and some village.
With so many multi coin wallets, with projects that works on connecting chains, there will be more possibilities of course. What people can do is to compare the situation before 2015 and now, the difference is huge and we are still growing.