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Author Topic: Bought my vitamins with Bitcoin  (Read 1022 times)
cheezcarls (OP)
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April 17, 2021, 11:55:50 AM
Merited by so98nn (2)
 #1

For several years, I have been maintaining my overall well-being by taking US-made vitamins with the same brand since late 2013. I usually order them both offline and online, either paying it through cash, bank transfer or debit card. Until now, I am still a proud user of it. It really helped managed my anxiety and panic attack symptoms, as well as better sleep quality, extra stamina during the day, better metabolism, etc.

But I stopped ordering online for 2 years. In order to save me some shipping fees, I have decided to order it from a good friend who is a licensed distributor of the vitamins product.

One day, I realized that my stocks are almost running out. So I called him to meet me to get my vitamins. My friend already have a Bitcoin wallet, but never really used it. So I asked him if he liked to be paid by Bitcoin this time, and he eventually said yes.

So I just scanned his QR code and paid him the amount (there was zero fee because of using the same wallet). And there you have it, my first Bitcoin peer to peer transaction with my friend for the vitamins.

My good friend is happy, and he doesn’t mind me to use Bitcoin again to transact with him. I don’t mind how long will BTC be massively adopted, at least it’s good to spread awareness and advocacy about it.

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April 17, 2021, 12:14:09 PM
 #2

So I just scanned his QR code and paid him the amount (there was zero fee because of using the same wallet). And there you have it, my first Bitcoin peer to peer transaction with my friend for the vitamins.
I really like your idea by paying for goods using bitcoin, also the seller (your friend) will be so happy because the amount would have appreciated by now. But commentimg the transaction fee is free can be misleading. Making use of noncustododial wallet will demand for transaction fee even if you and the seller is using the same type of wallet, the fee is an amount paid to miners to make the transaction to get confirmed. But, making use of custodial wallet in which you are sending the bitcoin to someone using the same type of custodial wallet, very possible the transfer is free, because you only send a number from your account to another user, no miner is involved, and this depends on the custodial wallet you are using, some might still even demand for fee, but which may be very low if compared to number fee paid to miners during transaction.

I will not recommend people to make use of custodial service if they want to have privacy, they should go for noncustodial wallet. If thinking the fee that will be paid is too high because of high amount of fee for bitcoin transaction, he can try and manipulate with bitcoin lightning network for low fee. Bluewallet and electrum are both recommended as lightning wallet.

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April 17, 2021, 12:19:00 PM
 #3

This is a very interesting topic, but in countries where Bitcoin is directly or indirectly approved by the government and their central bank, only all types of products can be bought by Bitcoin cryptocurrency.  Cryptocurrency is completely illegal in our country so we can't buy our daily necessities through bitcoin
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April 17, 2021, 12:23:52 PM
 #4

This is a very interesting topic, but in countries where Bitcoin is directly or indirectly approved by the government and their central bank, only all types of products can be bought by Bitcoin cryptocurrency.  Cryptocurrency is completely illegal in our country so we can't buy our daily necessities through bitcoin
I feel bad for you but at the very least you can still use it right? In my country, it is still unregulated so I wouldn't really worry that much and bitcoin itself is the one that is being sold rather than being used as a currency here. I hope that your country will come to terms with bitcoin and have them accept it.

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cheezcarls (OP)
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April 17, 2021, 12:39:19 PM
 #5

So I just scanned his QR code and paid him the amount (there was zero fee because of using the same wallet). And there you have it, my first Bitcoin peer to peer transaction with my friend for the vitamins.
I really like your idea by paying for goods using bitcoin, also the seller (your friend) will be so happy because the amount would have appreciated by now. But commentimg the transaction fee is free can be misleading. Making use of noncustododial wallet will demand for transaction fee even if you and the seller is using the same type of wallet, the fee is an amount paid to miners to make the transaction to get confirmed. But, making use of custodial wallet in which you are sending the bitcoin to someone using the same type of custodial wallet, very possible the transfer is free, because you only send a number from your account to another user, no miner is involved, and this depends on the custodial wallet you are using, some might still even demand for fee, but which may be very low if compared to number fee paid to miners during transaction.

I will not recommend people to make use of custodial service if they want to have privacy, they should go for noncustodial wallet. If thinking the fee that will be paid is too high because of high amount of fee for bitcoin transaction, he can try and manipulate with bitcoin lightning network for low fee. Bluewallet and electrum are both recommended as lightning wallet.

No fees at all because we are using the same custodial wallet that is regulated by the central bank and the government. Unless if we are using a decentralized wallet, or I use a different wallet than his, of course there are transaction fees in play. I hope this clears up for you mate.

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April 17, 2021, 12:40:09 PM
 #6

I feel bad for you but at the very least you can still use it right? In my country, it is still unregulated so I wouldn't really worry that much and bitcoin itself is the one that is being sold rather than being used as a currency here. I hope that your country will come to terms with bitcoin and have them accept it.
Cryptocurrencies generally can be banned in many countries, but that does not necessarily means at times that citizens of such countries are not using it. Why is it banned in China, but 65% of newly mined bitcoin are mined in China? That even means Chinese are making use of cryptocurrencies. Nigeria CBN banned cryptocurrencies this year, but that does not stop their citizens not to use cryptocurrencies when p2p exchange is possible.

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April 17, 2021, 12:41:29 PM
 #7

Next time, after massive adoption of bitcoin, you will find a bitcoin qr code in many drugstores in the city. Very interesting story.

By the way.. may I know what exactly the name of vitamin that you consume? I think I need that kind of vitamin for my anxiety problem. Thank you

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April 17, 2021, 12:42:46 PM
 #8

No fees at all because we are using the same custodial wallet that is regulated by the central bank and the government. Unless if we are using a decentralized wallet, or I use a different wallet than his, of course there are transaction fees in play. I hope this clears up for you mate.
So you store your money on an exchange? I don't think that's a good idea. Unless you're fine with the risk and not store a lot of money, since centralized entity is prone to hack.

If your friend is new to Bitcoin, I think you should tell him about this.
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April 17, 2021, 12:53:11 PM
 #9

No fees at all because we are using the same custodial wallet that is regulated by the central bank and the government. Unless if we are using a decentralized wallet, or I use a different wallet than his, of course there are transaction fees in play. I hope this clears up for you mate.
So you store your money on an exchange? I don't think that's a good idea. Unless you're fine with the risk and not store a lot of money, since centralized entity is prone to hack.

If your friend is new to Bitcoin, I think you should tell him about this.

I believe, if you are just storing small amount just for possible everyday expenses, that's fine. It comes in handy if it is in the custodial wallet. But definitely, if you have large amounts, better store it in your own wallet that you have full control. In the next coming years, there will be more of this if we want real adoption. Maybe, even convenience stores will have their QR codes if you want to pay in crypto.
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April 17, 2021, 12:55:28 PM
 #10

Oh, i thought you're using it as payment in a shop, but instead it's payment to a friend huh? But well that's good enough as well, you're making more people involved in this cryptocurrency world, and who knows your friend might go deeper in cryptocurrency as well.
I guess paying with bitcoin is nice enough as long as the fee is zero, since all this time i've only seen a lot of people complaining about bitcoin fee that is too high! sometimes it doesn't make any sense and make people don't want to use it. I hope the fee can be lower so more people will use bitcoin in the future though.

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April 17, 2021, 12:59:26 PM
 #11

I wish I could buy good with BITCOIN  nowadays many have accepted BITCOIN as their currency but not various of stores accept it because in my country like ours you can't buy goods with bitcoin there are some few but it is almost near to impossible to have this kind of service so lucky for you man.
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April 17, 2021, 12:59:29 PM
 #12

But, making use of custodial wallet in which you are sending the bitcoin to someone using the same type of custodial wallet, very possible the transfer is free, because you only send a number from your account to another user, no miner is involved,

Yeah, the wrong part was not really about the fee but about it being p2p, it was more like a Paypal transaction than a decentralized p2p payment.
Even if it's between two different wallets and it is a real blockchain transaction as long as there is a payment gateway between like coinbase or bitpay it shouldn't be counted as p2p.

But, sincerely, I think that at least in the near future those types of transactions would far outweigh real on-chain ones, just looking at the fees it makes them really impracticable, I don't know how much those vitamins cost as I know their price can range from a few $ to a few hundred but still a 5-10$ is a bit of turn-off. Eh, in the end at least it did involve bitcoin, every day I feel like there are just so few people using it to sell and buy stuff.

No fees at all because we are using the same custodial wallet that is regulated by the central bank and the government.

I assume you mean the company that controls the wallet is authorized by the government.
Just to clear things up, you used coins.ph maybe?





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April 17, 2021, 01:11:04 PM
 #13

I feel bad for you but at the very least you can still use it right? In my country, it is still unregulated so I wouldn't really worry that much and bitcoin itself is the one that is being sold rather than being used as a currency here. I hope that your country will come to terms with bitcoin and have them accept it.
Cryptocurrencies generally can be banned in many countries, but that does not necessarily means at times that citizens of such countries are not using it. Why is it banned in China, but 65% of newly mined bitcoin are mined in China? That even means Chinese are making use of cryptocurrencies. Nigeria CBN banned cryptocurrencies this year, but that does not stop their citizens not to use cryptocurrencies when p2p exchange is possible.
The problem with that though is that the citizen still doesn't have a complete freedom to use bitcoin because if the government were to strike down on them, they are probably going to be taken down. What I want is complete freedom, not that kind of thing where bitcoin is banned but someone can still use it, at legal standpoint someone can use those things against you.

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April 17, 2021, 01:23:44 PM
 #14

It's great that your friend was open-minded about the payment in BTC, and that you managed to use Bitcoin as money for goods in this situation. I do have a follow-up question: what do you mean there were no fees because it was the same wallet? You literally didn't pay any transaction fee? Was it some sort of off-chain solution or something? Or do you mean there was no additional fee, apart from what you had to pay for this transaction? I'm just a little confused about the way it's formulated in the post and what it actually means.
I can see that you replied about it being a custodial and not decentralized wallet, but can you provide more details on how this works and what company offers this?

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April 17, 2021, 01:24:29 PM
 #15

Yeah, the wrong part was not really about the fee but about it being p2p, it was more like a Paypal transaction than a decentralized p2p payment.
Even if it's between two different wallets and it is a real blockchain transaction as long as there is a payment gateway between like coinbase or bitpay it shouldn't be counted as p2p.

But, sincerely, I think that at least in the near future those types of transactions would far outweigh real on-chain ones, just looking at the fees it makes them really impracticable, I don't know how much those vitamins cost as I know their price can range from a few $ to a few hundred but still a 5-10$ is a bit of turn-off. Eh, in the end at least it did involve bitcoin, every day I feel like there are just so few people using it to sell and buy stuff.

That's what I thought when I read the thread. Let's see if he had paid $15 in fees to buy $50 worth of vitamins.

I'm not exactly thrilled with the OP's story either. At the moment Bitcoin is succeeding as a store of value and we will see if in the future it becomes a means of payment, either by LN or by this type of transactions. But if the Bitcoin is the best store of value in the world, which does not stop appreciating, giving the best returns, the most sensible thing to do is to keep it and not spend it. Spend worthless fiat instead.

I am not criticizing the OP for this, I too have made small transactions as the price of Bitcoin has been rising, but I am referring to the fact that I see it difficult for it to become a means of payment if it is such a good store of value, at least in the near future.

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April 17, 2021, 01:48:50 PM
 #16

You are lucky to be living in a country where bitcoin is unregulated and the use of a custodial bitcoin wallet is encouraged, this solves the problem of fees which is why so many bitcoin users avoid using it to pay for retail goods, non-custodial wallet charges high fees for peer-to-peer transaction no matter how small the amount.

Unless you will use the bitcoin lightning network for transactions to avoid being charged high fees, but using a lightning network requires some level of technicalities.

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April 17, 2021, 02:08:41 PM
 #17

For several years, I have been maintaining my overall well-being by taking US-made vitamins with the same brand since late 2013. I usually order them both offline and online, either paying it through cash, bank transfer or debit card. Until now, I am still a proud user of it. It really helped managed my anxiety and panic attack symptoms, as well as better sleep quality, extra stamina during the day, better metabolism, etc.

But I stopped ordering online for 2 years. In order to save me some shipping fees, I have decided to order it from a good friend who is a licensed distributor of the vitamins product.

One day, I realized that my stocks are almost running out. So I called him to meet me to get my vitamins. My friend already have a Bitcoin wallet, but never really used it. So I asked him if he liked to be paid by Bitcoin this time, and he eventually said yes.

So I just scanned his QR code and paid him the amount (there was zero fee because of using the same wallet). And there you have it, my first Bitcoin peer to peer transaction with my friend for the vitamins.

My good friend is happy, and he doesn’t mind me to use Bitcoin again to transact with him. I don’t mind how long will BTC be massively adopted, at least it’s good to spread awareness and advocacy about it.
Well we could really use Bitcoin as a money but the problem is only few would accept it,
You are lucky that your friend accepts crypto and you could now buy your Vitamins with it,
I hope I could also see a seller near me who would also accept crypto or maybe I would be the first in my area to promote it.

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April 17, 2021, 05:27:00 PM
 #18

It's an interesting position that you can actually spend your BTC locally, I've never encountered this here to be honest. However, I wouldn't use them anymore, due to its high value, I'm sort of comparing it with a valuable asset like gold. Furthermore, I actually kind of regret spending Bitcoin as a form of payment in the past.

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April 17, 2021, 05:54:28 PM
 #19

It's an interesting position that you can actually spend your BTC locally, I've never encountered this here to be honest. However, I wouldn't use them anymore, due to its high value, I'm sort of comparing it with a valuable asset like gold. Furthermore, I actually kind of regret spending Bitcoin as a form of payment in the past.
In my opinion, as long as I can make purchases using fiat, why should I use bitcoin which is actually much more profitable as a very valuable asset which in my opinion exceeds gold at this time.
and other reasons in the country where I live, bitcoin can only be used as an asset or investment and is not allowed or not available as an alternative payment method, except for conducting transactions in secret.
and I will only use bitcoin as a transaction if it is legal and available in shops and others in the country where I live.
and for now it will only benefit those who sell bitcoin using bitcoin and of course those who receive it will save it for resale when the price goes up.

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April 17, 2021, 06:59:28 PM
 #20

It's an interesting position that you can actually spend your BTC locally, I've never encountered this here to be honest. However, I wouldn't use them anymore, due to its high value, I'm sort of comparing it with a valuable asset like gold. Furthermore, I actually kind of regret spending Bitcoin as a form of payment in the past.
In my opinion, as long as I can make purchases using fiat, why should I use bitcoin which is actually much more profitable as a very valuable asset which in my opinion exceeds gold at this time.
and other reasons in the country where I live, bitcoin can only be used as an asset or investment and is not allowed or not available as an alternative payment method, except for conducting transactions in secret.
and I will only use bitcoin as a transaction if it is legal and available in shops and others in the country where I live.
and for now it will only benefit those who sell bitcoin using bitcoin and of course those who receive it will save it for resale when the price goes up.
actually at this stage I was also against the use of Bitcoin as a means of payment. Today Bitcoin is a good and valuable asset that will bring huge profits in the future. Based on this, Bitcoin needs to be stored until the time when its price rises and stabilizes, and when it can be used without loss as a reliable storage for their savings, as well as a means of payment.
But I believe that this moment will have to wait long enough, because some analysts predicted that the price of Bitcoin will reach a maximum and stabilize only when its capitalization increases by about 15 times.

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April 17, 2021, 09:17:09 PM
 #21

Buying something via Bitcoin is possible in those countries where bitcoin is accepted by the people of those countries and bitcoin is not illegal, government not ban bitcoin from his country. But buying something via bitcoin is not possible where bitcoin is not legal. Where people is afraid from Crypto currency. Buying daily necessary product by bitcoin and without any gas fee is a great thing i think. Peer to peer transaction is the best i think.

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April 17, 2021, 09:31:27 PM
 #22

I am happy for OP's experience. Because the essence of bitcoin is that we can make use of it without borders in complete freedom.
I am also concerned about the situation of some members who have stated that it is illegal to use bitcoin and cryptocurrencies in their countries.
Honestly, they are brave guys to keep up the fight and hope to make bitcoin accepted at any time in their countries.
My first purchase with cryptocurrencies was to get my first phone over a year ago and it was also an exciting experience but I chose to pay in ethereum to save on fees.

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April 17, 2021, 10:04:19 PM
 #23

It's through these simple peer to peer transactions where bitcoin will truly be adopted. Not in those high-amounts over the counter corporate processes, although of course they will play a role in its adoption. It's through us guys that bitcoin will thrive, since word of mouth is still a very effective way of recommending something to someone. So let's keep this small transactions going, little by little we will let everyone know how great bitcoin is.

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April 17, 2021, 10:26:31 PM
 #24


I really like your idea by paying for goods using bitcoin, also the seller (your friend) will be so happy because the amount would have appreciated by now. But commentimg the transaction fee is free can be misleading. Making use of noncustododial wallet will demand for transaction fee even if you and the seller is using the same type of wallet, the fee is an amount paid to miners to make the transaction to get confirmed. But, making use of custodial wallet in which you are sending the bitcoin to someone using the same type of custodial wallet, very possible the transfer is free, because you only send a number from your account to another user, no miner is involved, and this depends on the custodial wallet you are using, some might still even demand for fee, but which may be very low if compared to number fee paid to miners during transaction.

I will not recommend people to make use of custodial service if they want to have privacy, they should go for noncustodial wallet. If thinking the fee that will be paid is too high because of high amount of fee for bitcoin transaction, he can try and manipulate with bitcoin lightning network for low fee. Bluewallet and electrum are both recommended as lightning wallet.


True that. Custodial wallets and services often give some enticing benefits and perks like fee-less transactions for users using the same type of wallet. The way I see it, they used the same custodial wallet because it would be much more easier to move the funds and go further to convert it to fiat especially for his friend who sells the vitamins. Although custodial wallets may have several added benefits, it doesn't change the fact that using such wallets/services essentially means that we have transferred control back to the wallet provider. Custodial vs Non custodial ~ each to their own.

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April 17, 2021, 10:38:41 PM
 #25

I never do that honestly since there is no merchant who accept bitcoin as mean of payment in my country also government ban against bitcoin has made many people afraid to using it.

Hopefully, you will continue using bitcoin to buy your vitamin or even all stuff that you will buy since your country is free to use bitcoin as a payment system. Yeah, maybe there are only a few countries that allow people to use bitcoin as payment.

And I just wondering, how much is the fee for one transaction? Is it still within normal limits like you pay using a bank system? Bitcoin is in the top position, there are so many adoption from instutional investor also it can be accompanied with adoption as mean of payment system.
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April 17, 2021, 11:06:29 PM
 #26

Everything has been made possible for the adoption of Bitcoin. Bitcoin is now the most talked about topic in all fields due to the unpredictable rise in the price of Bitcoin and the promotions of various reputed companies. I would like to thank Tesla, MicroStrategy and PayPal for the adoption of Bitcoin. Thanks to their campaign and event, Bitcoin is now more popular with the public. I think all payments can be made in Bitcoin at some point in the future, and the use of Bitcoin in our daily lives will increase even more.

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April 17, 2021, 11:20:42 PM
 #27

It is great that you have made a move to be able to make your friend make use of his Bitcoin wallet that seems to be having no transactions yet. It is also a mind opening scenario that will let him understand that he can be able to make transactions online having the same objective by just adapting into using Bitcoin as a mode of payment instead of the usual one. Your friend is a kind of open minded allowing himself to agree that payment will be in terms of Bitcoin. Well, purchasing of vitamins and other commodities are not already new because there are already merchants who accept Bitcoin as mode of payment but still they seems to be rare on some places depending on demand. If this will continue that merchants will allow Bitcoin payment as well as people paying through it, we can see that the usage and adaption will rise as people realize they can do transactions seamless and fast with Bitcoin.

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April 17, 2021, 11:29:03 PM
 #28

It's an interesting position that you can actually spend your BTC locally, I've never encountered this here to be honest. However, I wouldn't use them anymore, due to its high value, I'm sort of comparing it with a valuable asset like gold. Furthermore, I actually kind of regret spending Bitcoin as a form of payment in the past.
In my opinion, as long as I can make purchases using fiat, why should I use bitcoin which is actually much more profitable as a very valuable asset which in my opinion exceeds gold at this time.
and other reasons in the country where I live, bitcoin can only be used as an asset or investment and is not allowed or not available as an alternative payment method, except for conducting transactions in secret.
and I will only use bitcoin as a transaction if it is legal and available in shops and others in the country where I live.
and for now it will only benefit those who sell bitcoin using bitcoin and of course those who receive it will save it for resale when the price goes up.
That's my point, if I can buy it with Euros or whatever, what's the point of spending something so valuable like Bitcoin? I view it like you're paying with a fraction of gold. Would you want to do that? I wouldn't, but that's my choice.

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April 17, 2021, 11:51:33 PM
 #29

I am very happy to hear stories from members of this forum that they are using Bitcoin as payment like fiat, that's really cool in my opinion.
Actually, I have wanted to do it for a long time, but I am constrained by government regulations in my country, which does prohibit using
Bitcoin as payment. It's the thing that makes me sad, but I hope that some countries that prohibit Bitcoin from being used as payment can open
their minds more, and started accepting Bitcoin as payment. I believe it can happen in the future, I just need to be patient just waiting for it.

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April 17, 2021, 11:53:46 PM
 #30

So I asked him if he liked to be paid by Bitcoin this time, and he eventually said yes.
It starts with a question. Most of us don't know how well we could potentially trigger people into this. Maybe he accepted it because you are his friend.

So I just scanned his QR code and paid him the amount (there was zero fee because of using the same wallet). And there you have it, my first Bitcoin peer to peer transaction with my friend for the vitamins.
I was really looking out for this part of the story, and surprisingly, you say there was zero fee. What wallet is that? Information like this can be very helpful as one of the reasons people don't use Bitcoin is the high transaction fee.

My good friend is happy, and he doesn’t mind me to use Bitcoin again to transact with him. I don’t mind how long will BTC be massively adopted, at least it’s good to spread awareness and advocacy about it.

True! It may take time for full adoption (if they'll ever be), but it won't stop people from using it already. Just spread the word at your own convenience.



 

 

 

 

 

 


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April 17, 2021, 11:55:16 PM
 #31

For several years, I have been maintaining my overall well-being by taking US-made vitamins with the same brand since late 2013. I usually order them both offline and online, either paying it through cash, bank transfer or debit card. Until now, I am still a proud user of it. It really helped managed my anxiety and panic attack symptoms, as well as better sleep quality, extra stamina during the day, better metabolism, etc.

But I stopped ordering online for 2 years. In order to save me some shipping fees, I have decided to order it from a good friend who is a licensed distributor of the vitamins product.

One day, I realized that my stocks are almost running out. So I called him to meet me to get my vitamins. My friend already have a Bitcoin wallet, but never really used it. So I asked him if he liked to be paid by Bitcoin this time, and he eventually said yes.

So I just scanned his QR code and paid him the amount (there was zero fee because of using the same wallet). And there you have it, my first Bitcoin peer to peer transaction with my friend for the vitamins.

My good friend is happy, and he doesn’t mind me to use Bitcoin again to transact with him. I don’t mind how long will BTC be massively adopted, at least it’s good to spread awareness and advocacy about it.

Although its good that you paid in bitcoin but can you tell us how much was the amount send in bitcoin for the vitamins ?
I am not discouraging you to use bitcoin to purchase of goods/medicines but since you know that bitcoin price is increasing every day, it will be good for you if you keep using fiat for these small purchases and keep the bitcoin save for future.









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April 17, 2021, 11:58:06 PM
 #32

For several years, I have been maintaining my overall well-being by taking US-made vitamins with the same brand since late 2013. I usually order them both offline and online, either paying it through cash, bank transfer or debit card. Until now, I am still a proud user of it. It really helped managed my anxiety and panic attack symptoms, as well as better sleep quality, extra stamina during the day, better metabolism, etc.

But I stopped ordering online for 2 years. In order to save me some shipping fees, I have decided to order it from a good friend who is a licensed distributor of the vitamins product.

One day, I realized that my stocks are almost running out. So I called him to meet me to get my vitamins. My friend already have a Bitcoin wallet, but never really used it. So I asked him if he liked to be paid by Bitcoin this time, and he eventually said yes.

So I just scanned his QR code and paid him the amount (there was zero fee because of using the same wallet). And there you have it, my first Bitcoin peer to peer transaction with my friend for the vitamins.

My good friend is happy, and he doesn’t mind me to use Bitcoin again to transact with him. I don’t mind how long will BTC be massively adopted, at least it’s good to spread awareness and advocacy about it.
One of the benefits that Bitcoin could give but i do presume out on using the same custodial wallet because it does have zero fees which is mostly talking about internal transactions.

Just always remember that its not ideal to store up some coins on a custodial wallet since you dont possess the keys so it isnt really your coins after all if the exchange get hacked.

Side note, adoption is on the move and we do go further as the years passed by and we would be expecting lots of merchants will really be accepting crypto payments.
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April 18, 2021, 12:03:13 AM
 #33

This is a very interesting topic, but in countries where Bitcoin is directly or indirectly approved by the government and their central bank, only all types of products can be bought by Bitcoin cryptocurrency.  Cryptocurrency is completely illegal in our country so we can't buy our daily necessities through bitcoin
Interesting theme! For the first time I heard about buying smoothies with Bitcoin. It seems difficult to do because the price of a very small smoothie and a bitcoin price is very large. However, in my country, people still use cash. Bitcoin is not banned but also does not encourage use. Bitcoin is only for enrichment investors not used in daily payment and shopping.

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April 18, 2021, 12:47:30 AM
 #34

Interesting theme! For the first time I heard about buying smoothies with Bitcoin. It seems difficult to do because the price of a very small smoothie and a bitcoin price is very large. However, in my country, people still use cash. Bitcoin is not banned but also does not encourage use. Bitcoin is only for enrichment investors not used in daily payment and shopping.
it may be very hard to believe in buying something with bitcoin if the price purchased is too small, it will be difficult for the payee. and also buyers will be lazy to do it because the fee may be greater than what is spent. so it is not right to do something disproportionate because it will create new difficulties.

I think that every country will implement regulations that are adapted to the state of the country, which can anticipate it with clear rules and can protect it so that the country is also not affected by problems that can actually complicate things. But if the state just doesn't recognize it as a legitimate exchange it is still natural because maybe others can still be done, so that crypto enthusiasts can still do something.

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April 18, 2021, 05:53:13 AM
 #35

That is an easy way how to use bitcoin in society, and you did that with the seller. If more people can transact and using crypto (not just use bitcoin), that will make the adoption will continue and people will realize what bitcoin can do to them. Maybe what their concern now will be the fees for the transaction itself and maybe they can use the other coins to buy what they want.

The government needs to know about that, so they can support crypto as the new payment besides using fiat money. That can also give a chance for people to select whatever payment method that fit them.

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April 18, 2021, 06:31:17 AM
 #36

For several years, I have been maintaining my overall well-being by taking US-made vitamins with the same brand since late 2013. I usually order them both offline and online, either paying it through cash, bank transfer or debit card. Until now, I am still a proud user of it. It really helped managed my anxiety and panic attack symptoms, as well as better sleep quality, extra stamina during the day, better metabolism, etc.

But I stopped ordering online for 2 years. In order to save me some shipping fees, I have decided to order it from a good friend who is a licensed distributor of the vitamins product.

One day, I realized that my stocks are almost running out. So I called him to meet me to get my vitamins. My friend already have a Bitcoin wallet, but never really used it. So I asked him if he liked to be paid by Bitcoin this time, and he eventually said yes.

So I just scanned his QR code and paid him the amount (there was zero fee because of using the same wallet). And there you have it, my first Bitcoin peer to peer transaction with my friend for the vitamins.

My good friend is happy, and he doesn’t mind me to use Bitcoin again to transact with him. I don’t mind how long will BTC be massively adopted, at least it’s good to spread awareness and advocacy about it.

This is how the future will look alike when we see everything being bought and sold with bitcoin. Money will be measured in bitcoin and no more in dollars or fiat currencies. The another good thing is that with bitcoin, we have full control over the money. We can send to anyone anytime without any third party like banks.
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April 18, 2021, 06:59:20 AM
 #37

No fees at all because we are using the same custodial wallet that is regulated by the central bank and the government. Unless if we are using a decentralized wallet, or I use a different wallet than his, of course there are transaction fees in play. I hope this clears up for you mate.
So you store your money on an exchange? I don't think that's a good idea. Unless you're fine with the risk and not store a lot of money, since centralized entity is prone to hack.

There is nothing wrong with storing a small amount of Bitcoin in a third party platform as long as it is actively being used.  I also do this kind of stuff and it is a huge discount to escape a blockchain transaction fee when paying someone using the same custodial wallet.  It also saves me a lot of time for travels and lining up to pay bills.

If your friend is new to Bitcoin, I think you should tell him about this.

I agree on this but as a starter using a custodial wallet is simply easier than installing the original BTC wallet but yes, we should also remind our friends about the risk involve in using this third party platforms.
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April 18, 2021, 07:21:44 AM
 #38

now it's easier to use bitcoin as a means of payment because I've used it to buy some of my household needs. at this time there are very many bitcoin users so everyone already believes if we buy something with bitcoin. we are already in a world that will use all the most sophisticated technologies.
some online marketplaces already use bitcoin as payment. I feel the convenience of buying and selling transactions in major stores in my country.

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April 18, 2021, 07:43:02 AM
 #39

yesterday I read that buying a Tesla car can use bitcoin and atm bitcoin is already in big cities now buying vitamins can with bitcoin proves that bitcoin is advancing in the real world yesterday bitcoin is only limited to digital currency and is not accepted in the real world and some even claim bitcoin banned in some countries maybe in the future bitcoin will be accepted in all countries.

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April 18, 2021, 08:57:36 AM
 #40

We should put bitcoin in more practical uses, we should also know how to effectively make it grow and boost its adoption.

There are times that bitcoin should really be used in that way because it is a currency.

It is not only a store of value but also it can be use as a payment tool in transactions. There are countries who already use bitcoin in buying cars, houses, and other goods/products. If we keep on using it by that then it can probably become normal and people will also invest on it. There are a lot of opportunity and bitcoin and it also has a lot of uses that we can benefit with.

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April 18, 2021, 09:12:10 AM
 #41

Congratulations! This is good experience. Could you say what wallets do you use? I suppose most people here are dreaming about zero fees too.
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April 18, 2021, 09:14:28 AM
 #42

yesterday I read that buying a Tesla car can use bitcoin and atm bitcoin is already in big cities now buying vitamins can with bitcoin proves that bitcoin is advancing in the real world yesterday bitcoin is only limited to digital currency and is not accepted in the real world and some even claim bitcoin banned in some countries maybe in the future bitcoin will be accepted in all countries.
Buying a Tesla with Bitcoin is supposedly a thing, I wonder who will ever buy one with BTC though, so are the ATMs, they have started popping up in every corner, even in smaller countries. However, OP here is mentioning that the seller of the vitamins was a friend, otherwise he wouldn't have bought them with Bitcoin.

We are not even close to having BTC as a payment processor, due to its fees and its high value.

R


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April 18, 2021, 09:20:40 AM
 #43

That was good. So cool to know that you were did Bitcoin transaction for the first time with your friend. I imagine that your friend is so thankful that you are his friend. That was a bonus points for having a good friend. Good friend is hard to find because some may always take advantage the other. But in your case, both of you are in common denominator of being beneficial to bothbin times of circumstances.
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April 18, 2021, 09:34:09 AM
 #44

The use of crypto currency in this fashion is best way to boycott the fiat currencies. Obviously we still need the later one but if you want to futuristic, anonymous then here you, just switch to your bitcoin wallet and send the money. Unlike other UPI for example, GPay, an Indian payment wallet by Google is worst of all. You can send the money in simple manner but you expose the phone number of receiving party and either way is true too. So I don't like that one. I mean one can make 100+ transaction in single month for daily stuff and I would be exposing my personal details that way.

However, as we know very well, bitcoin is the solution that was made 10 years ago! Most genius thinking as compared to what Google did today. So yeah respect the crypto world, it will grow eventually.
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April 18, 2021, 09:40:59 AM
 #45

No fees at all because we are using the same custodial wallet that is regulated by the central bank and the government.

I assume you mean the company that controls the wallet is authorized by the government.
Just to clear things up, you used coins.ph maybe?

Most probably yes. Not only because he's a Filipino, but most of us here transact Bitcoin and other major alts with Coins.ph.
And yes the company has been regulated by the central bank Banko Sentral ng Pilipinas (Central bank of the PH).


It really feels good when you made a successful Bitcoin transaction. Just like me when I bought a $200 Android Phone from different city where my friend was situated. I asked him to buy the phone for me and ship it to my hometown, and then I paid him with Bitcoin as he likes to have one also.
That was back in 2019, he's lucky If he's still holding it until this very moment.

R


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April 18, 2021, 10:21:54 AM
 #46

This is an interesting experience with Bitcoin and cryptocurrencies, but at the moment you will have to pay a large fee if you want to buy things with Bitcoin.
Anyway this is a very good experience for everyone, if this happens more often then a lot of people will know about bitcoin and cryptocurrencies.


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April 18, 2021, 11:06:43 AM
 #47

It's very nice to see that more people are starting to use Bitcoin as a payment method. In some countries, I've heard that their governments have imposed a temporary ban on it. But people should be incentivized to use Bitcoin like this also. Because this will help Bitcoin adoption to reach better levels.

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April 18, 2021, 01:01:06 PM
 #48

Peer to peer payments are complex. As long as we can't make direct purchases of pharmaceutical products with Bitcoin, I am not going to comment much. Here in India, it is not possible to purchase the medicines directly using Bitcoin. First you need to convert your Bitcoins to gift cards and then use these gift cards for the purchase. The second option is to top up your virtual credit card using Bitcoin and use it for the purchase.
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April 18, 2021, 01:41:00 PM
 #49

Yeah, the wrong part was not really about the fee but about it being p2p, it was more like a Paypal transaction than a decentralized p2p payment.
Even if it's between two different wallets and it is a real blockchain transaction as long as there is a payment gateway between like coinbase or bitpay it shouldn't be counted as p2p.

But, sincerely, I think that at least in the near future those types of transactions would far outweigh real on-chain ones, just looking at the fees it makes them really impracticable, I don't know how much those vitamins cost as I know their price can range from a few $ to a few hundred but still a 5-10$ is a bit of turn-off. Eh, in the end at least it did involve bitcoin, every day I feel like there are just so few people using it to sell and buy stuff.

That's what I thought when I read the thread. Let's see if he had paid $15 in fees to buy $50 worth of vitamins.

I'm not exactly thrilled with the OP's story either. At the moment Bitcoin is succeeding as a store of value and we will see if in the future it becomes a means of payment, either by LN or by this type of transactions. But if the Bitcoin is the best store of value in the world, which does not stop appreciating, giving the best returns, the most sensible thing to do is to keep it and not spend it. Spend worthless fiat instead.

I am not criticizing the OP for this, I too have made small transactions as the price of Bitcoin has been rising, but I am referring to the fact that I see it difficult for it to become a means of payment if it is such a good store of value, at least in the near future.


Both me and the seller are using the same local centralized Bitcoin wallet app COINS.PH, so when transferring funds from one to the other, no fees charged. Unless if we choose to use a DEX wallet, of course there will be charges like you just mentioned. And by the way, the vitamins I've bought was worth more than $60 in value. I usually order every month as I take them 3 to 4 times daily.

Apart from that vitamins, I also order some optimizers like fish oil and supplements that are good for liver health and brain and he will be happy to accept Bitcoin again for these.

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April 18, 2021, 10:20:54 PM
 #50

Great experience.

I hope that someday that I'll have those friends that got my back and would provide the things that I need and will ask them that I'll be paying them in bitcoin.

You've got a good friend and you've also used bitcoin as a payment directly without any need to pay the confirmation fee because it's an off chain transaction.

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April 18, 2021, 10:51:48 PM
 #51

Snip---
My good friend is happy, and he doesn’t mind me to use Bitcoin again to transact with him. I don’t mind how long will BTC be massively adopted, at least it’s good to spread awareness and advocacy about it.
payment using bitcoin is still limited at this time. Moreover, most countries, including mine, prohibit the use of cryptocurrency as a means of payment. Cryptocurrency is only allowed as a trading commodity and an investment tool, all the risks are borne by the user.
so if you want to make transactions with crypto, such as bitcoin, it can only be done on a small and limited scale, as you and your friends do.

well, if you can cut transaction fees, payment using bitcoin can be an effective payment alternative.

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April 19, 2021, 09:04:31 AM
 #52

At first i though it is really between 2 wallet, because even in 1 Wallet blockchain, different address need fees too to collect our money into 1 address. But maybe if bitcoin already be legal or maybe it be done with internal transaction like in same exchange, as long both sender and receiver agree to do it, i think no problem if use it. If me i use bitcoin or crypto to pay digital product like pay electricity around 2015 when price still low.

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April 19, 2021, 12:21:43 PM
 #53

For several years, I have been maintaining my overall well-being by taking US-made vitamins with the same brand since late 2013. I usually order them both offline and online, either paying it through cash, bank transfer or debit card. Until now, I am still a proud user of it. It really helped managed my anxiety and panic attack symptoms, as well as better sleep quality, extra stamina during the day, better metabolism, etc.

But I stopped ordering online for 2 years. In order to save me some shipping fees, I have decided to order it from a good friend who is a licensed distributor of the vitamins product.

One day, I realized that my stocks are almost running out. So I called him to meet me to get my vitamins. My friend already have a Bitcoin wallet, but never really used it. So I asked him if he liked to be paid by Bitcoin this time, and he eventually said yes.

So I just scanned his QR code and paid him the amount (there was zero fee because of using the same wallet). And there you have it, my first Bitcoin peer to peer transaction with my friend for the vitamins.

My good friend is happy, and he doesn’t mind me to use Bitcoin again to transact with him. I don’t mind how long will BTC be massively adopted, at least it’s good to spread awareness and advocacy about it.

Great idea. Really. Mass adoption starts from everyone of us. In your situation it was a transaction for vitamins. I personally know people that made a deal with selling/buying car and one guy did not have enough money in dollars, they decided to transact the sum partially in Bitcoins. Everyone was happy. The other thing is that it is good when you have found such friends or trustworthy people that are ingaged into crypto world. Not everyone has such close and deeply involved into crypto people. But in case people will see that it is real and possible the level of mass adoption will be rising more and more.
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April 19, 2021, 02:27:52 PM
 #54

...
an interesting story and of course inspiring...
Before the price of Bitcoin was as high as it is today, I did p2p transactions several times to my friend who sells women's bags, doing p2p transactions was really simple and not complicated. I am planning to buy some stuff from my friend and I hope she has an LN wallet because the fee is really cheap and fast.



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Rainbot
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April 22, 2021, 08:29:11 AM
 #55

We congratulate you with your first purchase for BTC! It’s really cool that the process is easy and quick enough. We hope that your spread of information about BTC will help people to learn about crypto and to invest in BTC.
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April 22, 2021, 09:12:14 AM
 #56

Hey I recognize you in our Local Section (Pilipinas).
Did both of you used Coins.ph to transact without fees?
That seems the most popular wallet here in the Philippines that is crypto-related. Cheesy

Edit: I saw your reply mentioning that both of you indeed used it. Forget about my question.
Let me just ask this new question instead.
 - Does your friend have any plans to adopt it as an alternative payment in the future? Because you mentioned that he don't really use his Bitcoin wallet that much.
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April 22, 2021, 11:01:14 AM
 #57

Hey I recognize you in our Local Section (Pilipinas).
Did both of you used Coins.ph to transact without fees?
That seems the most popular wallet here in the Philippines that is crypto-related. Cheesy

Edit: I saw your reply mentioning that both of you indeed used it. Forget about my question.
Let me just ask this new question instead.
 - Does your friend have any plans to adopt it as an alternative payment in the future? Because you mentioned that he don't really use his Bitcoin wallet that much.

It would be nice if his friend joins this forum and make a thread for a promotion for his business in the Local Section(Pilipinas) to gain potential customers and for him to realize that there are many people willing to pay using bitcoin.

I've used coins.ph often on ordering on my favorite local eCommerce platform. Coins.ph is easy and reliable to use for Philippine-based customers if transacting to merchants in my experience.
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April 22, 2021, 11:11:57 AM
 #58

I congratulate you on the first experience of paying for your medicine using bitcoin, this is really a good and faster transaction compared to some other means of payment and that is what Satoshi Nakamoto wants for bitcoin to be used. What if all of the people are using the crypto wallet and knows about cryptocurrency then for sure that we may choose to pay from it rather than paying it in a manual way as you need to go to the store to pay for what you have bought, it is really nice to buy something you want or need using bitcoin or altcoin but still this is still limited for those who only knows about cryptocurrency.

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April 22, 2021, 11:37:49 AM
 #59

This is awesome to hear these kind of purchases that involved bitcoin as a payment system for purchased and I can say that adoption is getting more and more coming in upon to us enthusiasts. It may take more years for this to happen into our country to adopt on this but I am certainly excited for it to happen and I am here to wait.

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April 22, 2021, 12:08:25 PM
 #60

I only can buy drugs with my bitcoin, hah
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April 22, 2021, 12:11:29 PM
 #61

imagine if you start doing this since the start , your savings are already huge because your not paying any fees . adoption wont take long if all will follow what you did .

It really helped managed my anxiety and panic attack symptoms, as well as better sleep quality, extra stamina during the day, better metabolism, etc.
i have the exact illness as yours . will you share the name of the vitamins your using , maybe itl help me feel well because the local vitamins that i used seems not really effective .

I only can buy drugs with my bitcoin, hah
are vitamins drugs too ? but they are not illegal
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April 22, 2021, 01:02:53 PM
 #62

This is a very interesting topic, but in countries where Bitcoin is directly or indirectly approved by the government and their central bank, only all types of products can be bought by Bitcoin cryptocurrency.  Cryptocurrency is completely illegal in our country so we can't buy our daily necessities through bitcoin
To my understanding I believe this is a form of p2p transaction and even in country where the Government have place a ban on cryptocurrency trading, I believe if there is any merchant that really wants to accept bitcoin as a payment for goods/services they can do that without government interference cos the transaction wouldn't reflect in bank records anyways. Good on there. 
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April 22, 2021, 01:25:57 PM
 #63

I really wish to see the day we can pay for goods and services in my country using bitcoin. He is one of those who value Bitcoin and are into it for him to own a wallet. I hope to see our government see the positive influence Bitcoin will have on the economy and not the other way round.

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April 22, 2021, 01:35:10 PM
 #64

Since Bitcoin has not been legalized in our country, it is impossible for us to trade products in exchange for Bitcoin.  So we can't use Bitcoin directly.  Only with Bitcoin can we convert dollars into different exchanges.

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May 10, 2021, 12:01:25 PM
 #65

For several years, I have been maintaining my overall well-being by taking US-made vitamins with the same brand since late 2013. I usually order them both offline and online, either paying it through cash, bank transfer or debit card. Until now, I am still a proud user of it. It really helped managed my anxiety and panic attack symptoms, as well as better sleep quality, extra stamina during the day, better metabolism, etc.

But I stopped ordering online for 2 years. In order to save me some shipping fees, I have decided to order it from a good friend who is a licensed distributor of the vitamins product.

One day, I realized that my stocks are almost running out. So I called him to meet me to get my vitamins. My friend already have a Bitcoin wallet, but never really used it. So I asked him if he liked to be paid by Bitcoin this time, and he eventually said yes.

So I just scanned his QR code and paid him the amount (there was zero fee because of using the same wallet). And there you have it, my first Bitcoin peer to peer transaction with my friend for the vitamins.

My good friend is happy, and he doesn’t mind me to use Bitcoin again to transact with him. I don’t mind how long will BTC be massively adopted, at least it’s good to spread awareness and advocacy about it.

That's a good thing to hear. Here in my country, everyone is free to use BTC and get themselves involved in Cryptocurrency without worrying about government regulations but we can't trade goods with our BTC unless we exchange them into the legal currency used in our country. I hope BTC could directly buy goods and exchange for services here in our country soon.

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May 10, 2021, 12:13:15 PM
 #66

What you've done is a form of futuristic thing that will be normal. Today that kind of action seems not so popular but in due time paying with Bitcoin will be normal globally since we know BTC is widely well known coin. I guess not just Bitcoin but also some of the popular coins that will be accepted by many crypto business minded people.

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May 10, 2021, 12:28:41 PM
 #67

It really helped managed my anxiety and panic attack symptoms, as well as better sleep quality, extra stamina during the day, better metabolism, etc.
i have the exact illness as yours . will you share the name of the vitamins your using , maybe itl help me feel well because the local vitamins that i used seems not really effective .

The vitamins I am using since 2013 are Usana Health Sciences. Try to Google that and research their website. I am a long time user of these vitamins, minerals and antioxidants, and I usually bought it from a licensed distributor here in the Philippines. It has a 96% absorption rate that it goes to your bloodstrea where it is purely effective without any side effects, contraindications, overdose, etc.

May I know which country are you from? Because I think there are only 20+ countries worldwide who have satellite offices of this product, plus their stock (USNA) was listed in the New York Stock Exchange.

I also hope soon they would be accepting Bitcoin for product orders rather than just contacting a licensed distributor who has the option to accept crypto.

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May 10, 2021, 01:02:54 PM
 #68

For several years, I have been maintaining my overall well-being by taking US-made vitamins with the same brand since late 2013. I usually order them both offline and online, either paying it through cash, bank transfer or debit card. Until now, I am still a proud user of it. It really helped managed my anxiety and panic attack symptoms, as well as better sleep quality, extra stamina during the day, better metabolism, etc.

But I stopped ordering online for 2 years. In order to save me some shipping fees, I have decided to order it from a good friend who is a licensed distributor of the vitamins product.

One day, I realized that my stocks are almost running out. So I called him to meet me to get my vitamins. My friend already have a Bitcoin wallet, but never really used it. So I asked him if he liked to be paid by Bitcoin this time, and he eventually said yes.

So I just scanned his QR code and paid him the amount (there was zero fee because of using the same wallet). And there you have it, my first Bitcoin peer to peer transaction with my friend for the vitamins.

My good friend is happy, and he doesn’t mind me to use Bitcoin again to transact with him. I don’t mind how long will BTC be massively adopted, at least it’s good to spread awareness and advocacy about it.

The fees are the issue unless you bought a ton of vitamins to make it worth the transaction costs. It is not feasible at all to use Bitcoin for any minor transactions. What did actually happen to lightning channels, aren't they supposed to offer cheap transactions and if yes, why aren't widely adopted?

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May 10, 2021, 01:46:01 PM
 #69

~
Sad that it would take a little longer before many establishment would consider that. They're not used to unstable price that's why they just can't accept that payment method in the end.
Some have the risk-taking mindset to do so, but most don't.

~
I might be going crazy or something, but did you just reply to your own post?
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May 10, 2021, 01:59:59 PM
 #70

Many of the people here are wondering, in fact, I was also, about how the transaction went without a fee. But then I remembered something I did a week ago. It was CoinEx exchange and I transferred some of my CET tokens to a friend who is also on the exchange. I just needed his email id and the transfer was done in seconds. There were no transactional charges or on-chain records of it. It's just one account to another. OP did something similar if am not wrong, but it's not suggested to hold a big amount on a centralized wallet so be careful with that.

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May 10, 2021, 02:40:51 PM
 #71

For several years, I have been maintaining my overall well-being by taking US-made vitamins with the same brand since late 2013. I usually order them both offline and online, either paying it through cash, bank transfer or debit card. Until now, I am still a proud user of it. It really helped managed my anxiety and panic attack symptoms, as well as better sleep quality, extra stamina during the day, better metabolism, etc.

But I stopped ordering online for 2 years. In order to save me some shipping fees, I have decided to order it from a good friend who is a licensed distributor of the vitamins product.

One day, I realized that my stocks are almost running out. So I called him to meet me to get my vitamins. My friend already have a Bitcoin wallet, but never really used it. So I asked him if he liked to be paid by Bitcoin this time, and he eventually said yes.

So I just scanned his QR code and paid him the amount (there was zero fee because of using the same wallet). And there you have it, my first Bitcoin peer to peer transaction with my friend for the vitamins.

My good friend is happy, and he doesn’t mind me to use Bitcoin again to transact with him. I don’t mind how long will BTC be massively adopted, at least it’s good to spread awareness and advocacy about it.

This is a very amazing development for the crypto community.  Bitcoin, as most of us know it, is an investment asset that should be bought and hodl in hopes of making profits after a few years.
It's great to know that you used bitcoin as a currency that it is and not an investment asset. I'm thankful for your courage. You didn't  consider the fact that your coins could worth much more by just hodling them for a few more years.
If you'd ask me, I'd say you've done a great job.

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May 10, 2021, 02:55:34 PM
 #72

The only problem we have right now to use our BTC as payment for everything is the seller or merchants,
There are only few that accepts it and we are lucky if there are some near us.
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May 10, 2021, 03:04:42 PM
 #73

Topic starter must be very brave to buy vitamins or something that is connected with health in the internet and from a guy. Even if he a good friend. Who knows who is on the other side of the screen. A friend or someone that pretend to be him.
Ordering something on an intertet from a company is already dangerous. Ordering from a guy is a double danger. Something medical - tripple dangerous. Specially when you pay in crypto.

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May 10, 2021, 03:06:50 PM
 #74

The only problem we have right now to use our BTC as payment for everything is the seller or merchants,
There are only few that accepts it and we are lucky if there are some near us.


Bitcoin has been widely used for transaction fees for health or food and goods from other countries. What do you mean, Your country doesn't accept it? What a loss if Bitcoin cannot be used there in terms of making transactions, but hopefully in the next few years the government will make new rules later.
I'm really looking forward if Bitcoin can be very useful for a transaction tool that can be done in all countries. But you have to use Bitcoin in a useful way.

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May 10, 2021, 03:26:11 PM
 #75

What you've done is a form of futuristic thing that will be normal. Today that kind of action seems not so popular but in due time paying with Bitcoin will be normal globally since we know BTC is widely well known coin. I guess not just Bitcoin but also some of the popular coins that will be accepted by many crypto business minded people.

It is truly a futuristic thing that in other countries have already implemented. It is not yet popular but somehow there have other countries which starting normalizing or practicing the used of bitcoin token or transferring bitcoin token point to point in exchange of goods like groceries.
I have heard and read a news here in our country that there are some grocery stores which already accepted not only bitcoin but also ethereum, doge, cardano and other altcoins in exchange of goods.

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May 10, 2021, 05:01:29 PM
 #76

The only problem we have right now to use our BTC as payment for everything is the seller or merchants,
There are only few that accepts it and we are lucky if there are some near us.

the reason they do not accept it is due to regulations and high fees in case they have no problems with regulations. In my case, for example, I have been using bitcoin as a means of payment since 2017, but I make payments to people in my country when I want something they have, I also buy cell phone recharges. But my dream was one day to be able to buy food, pay water and electricity bills in my country using bitcoin or some altcoin. unfortunately this is a distant dream, years go by and I don't see any progress in that direction.

I have heard and read a news here in our country that there are some grocery stores which already accepted not only bitcoin but also ethereum, doge, cardano and other altcoins in exchange of goods.

people from the USA and Europe will be able to buy a lot thing using bitcoin due to the fact that they are technology-friendly places, africa where there is a lot of corruption and retarded politicians it will be very difficult to be able to buy anything using bitcoin

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May 10, 2021, 05:27:24 PM
 #77

Topic starter must be very brave to buy vitamins or something that is connected with health in the internet and from a guy. Even if he a good friend. Who knows who is on the other side of the screen. A friend or someone that pretend to be him.
Ordering something on an intertet from a company is already dangerous. Ordering from a guy is a double danger. Something medical - tripple dangerous. Specially when you pay in crypto.
The OP stated that he ordered vitamins from a friend, which in my opinion cannot be used as an excuse to cheat or claim to be his friend just for personal gain.
and in my opinion, before placing an order there will definitely be communication via telephone or video call to ensure that the person is a friend.
and OP's idea is very inspiring and it happens that his friend has a bitcoin wallet which makes transactions easier and finally bitcoin can pave the way and make it easier for him what he needs.

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May 10, 2021, 08:14:08 PM
 #78

What you've done is a form of futuristic thing that will be normal. Today that kind of action seems not so popular but in due time paying with Bitcoin will be normal globally since we know BTC is widely well known coin. I guess not just Bitcoin but also some of the popular coins that will be accepted by many crypto business minded people.
Yeah, it's convenient to use a peer-to-peer transaction but only if you knew the person you are dealing with. It's somehow hard to trust someone that you don't know to do some transaction with you especially with what you read on the news what these people do to those who have huge balance of crypto on them. But in businesses they accepted payment from crypto and you can either eat and drink as long as they accept a crypto payment.

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May 10, 2021, 09:35:20 PM
 #79

For several years, I have been maintaining my overall well-being by taking US-made vitamins with the same brand since late 2013. I usually order them both offline and online, either paying it through cash, bank transfer or debit card. Until now, I am still a proud user of it. It really helped managed my anxiety and panic attack symptoms, as well as better sleep quality, extra stamina during the day, better metabolism, etc.

But I stopped ordering online for 2 years. In order to save me some shipping fees, I have decided to order it from a good friend who is a licensed distributor of the vitamins product.

One day, I realized that my stocks are almost running out. So I called him to meet me to get my vitamins. My friend already have a Bitcoin wallet, but never really used it. So I asked him if he liked to be paid by Bitcoin this time, and he eventually said yes.

So I just scanned his QR code and paid him the amount (there was zero fee because of using the same wallet). And there you have it, my first Bitcoin peer to peer transaction with my friend for the vitamins.

My good friend is happy, and he doesn’t mind me to use Bitcoin again to transact with him. I don’t mind how long will BTC be massively adopted, at least it’s good to spread awareness and advocacy about it.
This is the best use of crypto. BTC was created to be a money but over the period of time it has become an asset to hold.
When people hold it, it barred from becoming a global currency. I feel happy whenever I hear someone bought something or paid for some service by btc. I hope soon we don't have to convert btc to fiat to buy anything but we can buy it directly from btc.
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May 10, 2021, 10:18:41 PM
 #80

I have love to hear this kind of news like this, it's seems to me that the usage of bitcoin and digital currency as a while is coming into adoption gradually, as hats the main purpose of decentralization, in my country, we are still finding it hard to use bitcoin or other cryptocurrencies to purchase something, maybe this will come later in the future after a huge usage.

I have love the fact that the transaction fee you paid was zero because it's from the same wallet, in the mempool, the transaction fee will cost more and will be more than the amount of vitamins you need, I was curious about that, but it's fine you perform free transaction.



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May 10, 2021, 10:42:54 PM
 #81

This never possible for me because in my country use Bitcoin fully prohibited and who use bitcoin , government police department sezied him badly. So buying vitamins with cryptocurrencies fully desirable hope for me .

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May 11, 2021, 02:25:37 AM
 #82

This never possible for me because in my country use Bitcoin fully prohibited and who use bitcoin , government police department sezied him badly. So buying vitamins with cryptocurrencies fully desirable hope for me .

Where are you from or at least which part of the world are you from? There aren't so many countries that prohibit their citizens from using Bitcoin at all. I don't get it. The countries that forbid their own people to be part of this revolution do more harm than good to themselves. No innovation will take place in those places.

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December 22, 2021, 05:51:39 AM
 #83

This is good business you are doing. Vitamins tablet or other capsules for muscles strength & energy including metabolism etc. your business will have good speed of development if you re-continue your vitamin capsules supply through the online system. It is the need of time.
Second, the payment of your vitamins tablet in bitcoin is a good development. It will promote your business regarding advanced and blockchain technology.

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December 22, 2021, 07:12:34 AM
 #84

This never possible for me because in my country use Bitcoin fully prohibited and who use bitcoin , government police department sezied him badly. So buying vitamins with cryptocurrencies fully desirable hope for me .

Where are you from or at least which part of the world are you from? There aren't so many countries that prohibit their citizens from using Bitcoin at all. I don't get it. The countries that forbid their own people to be part of this revolution do more harm than good to themselves. No innovation will take place in those places.

If anyone is living in a country where bitcoin is not legal, you cannot buy or sell anything in public. Usage of cryptocurrencies is prohibited  in those countries. You cannot just openly use bitcoins for your transactions.
I also buy things online but all of them I bought are from the online stores which accept bitcois.
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December 22, 2021, 07:53:07 AM
 #85

For several years, I have been maintaining my overall well-being by taking US-made vitamins with the same brand since late 2013. I usually order them both offline and online, either paying it through cash, bank transfer or debit card. Until now, I am still a proud user of it. It really helped managed my anxiety and panic attack symptoms, as well as better sleep quality, extra stamina during the day, better metabolism, etc.

But I stopped ordering online for 2 years. In order to save me some shipping fees, I have decided to order it from a good friend who is a licensed distributor of the vitamins product.

One day, I realized that my stocks are almost running out. So I called him to meet me to get my vitamins. My friend already have a Bitcoin wallet, but never really used it. So I asked him if he liked to be paid by Bitcoin this time, and he eventually said yes.

So I just scanned his QR code and paid him the amount (there was zero fee because of using the same wallet). And there you have it, my first Bitcoin peer to peer transaction with my friend for the vitamins.

My good friend is happy, and he doesn’t mind me to use Bitcoin again to transact with him. I don’t mind how long will BTC be massively adopted, at least it’s good to spread awareness and advocacy about it.
Then congratulation for your first use of bitcoin buying you vitamins, and i also have the same experience buying med .

but mine happens in online seller (via facebook market place) when i ordered a medicine in a seller in which introduced by a friend so i know he is Legit.

But upon Meet up when i have to Pay him, I forgot my wallet in my car when the meet up happens inside the Mal, so i tried asking Him if he has a crypto wallet and guess what, Yes he has so we made a deal paying Him in our local rate that time with Bitcoin.

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December 22, 2021, 07:57:47 AM
 #86

I really like your country, if it's allowed I also want to apply to live in your country, because you can easily buy your needs using bitcoin, in contrast to the country I live in, the government does not completely prohibit bitcoin adoption, but my country will strictly prohibits making any payments using bitcoin..
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December 22, 2021, 07:58:05 AM
 #87

This never possible for me because in my country use Bitcoin fully prohibited and who use bitcoin , government police department sezied him badly. So buying vitamins with cryptocurrencies fully desirable hope for me .
Then you are not here to answer because yours is nothing to do with the topic lol..


_______________________________________________________

OP is that a Local wallet that you are referring ? in which available in your country?

This is good business you are doing. Vitamins tablet or other capsules for muscles strength & energy including metabolism etc. your business will have good speed of development if you re-continue your vitamin capsules supply through the online system. It is the need of time.
Second, the payment of your vitamins tablet in bitcoin is a good development. It will promote your business regarding advanced and blockchain technology.
He is not having a Business instead He pays the seller of the vitamins meaning His friend has that business and he is just a Buyer.

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December 22, 2021, 08:30:26 AM
 #88

buy vitamins with bitcoin, it sounds very extraordinary, but all of that is not yet applicable in my country, let alone buying vitamins, buying tools for daily needs is not yet possible, but I really hope that one day the government in my country will fully accept bitcoin ..
It is not, because In black market you can even buy Illegal drugs using Bitcoin(at least this is what i heard for years) so buying vitamins is a normal case in crypto transacting as we only need to find seller that has same interest or knowledge in crypto and then transact and find deal.
what we wanted to see is the Merchant itself meaning those Drugstore will finally accept Bitcoin and other cryptocurrency when we purchase all types of vitamins and even Vitamins and other stuffs.









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December 22, 2021, 11:17:03 AM
 #89

I really like your country, if it's allowed I also want to apply to live in your country, because you can easily buy your needs using bitcoin, in contrast to the country I live in, the government does not completely prohibit bitcoin adoption, but my country will strictly prohibits making any payments using bitcoin..
Don't be fooled, it's a shitty one so you might get off put but if you're an expatriate then you might be able to live a pretty peaceful life. The reason why the Philippines is still a good country for crypto is because the lawmakers are still stupid and that they still don't discuss it in the Senate. It's still good while it lasts.



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December 22, 2021, 03:25:11 PM
 #90

that is the great movement, your friend will get the bitcoin as the payment which is he can investing in bitcoin. and you can use your bitcoin for your vitamins, it will great. i hope in the future there are many people like your friend that will receive in bitcoin payments

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December 22, 2021, 06:46:50 PM
 #91

This never possible for me because in my country use Bitcoin fully prohibited and who use bitcoin , government police department sezied him badly. So buying vitamins with cryptocurrencies fully desirable hope for me .
if the rules are like that, of course very strict. Because some developing countries don't allow crypto as a means of payment, but if only to your friends or P2P transactions it won't be a problem if you don't announce the transaction. The police department will not check every transaction of its citizens, which one uses bitcoin.

.
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December 22, 2021, 08:37:51 PM
 #92

This never possible for me because in my country use Bitcoin fully prohibited and who use bitcoin , government police department sezied him badly. So buying vitamins with cryptocurrencies fully desirable hope for me .
if the rules are like that, of course very strict. Because some developing countries don't allow crypto as a means of payment, but if only to your friends or P2P transactions it won't be a problem if you don't announce the transaction. The police department will not check every transaction of its citizens, which one uses bitcoin.
So far there are merchants that do accept crypto payments here on my country but not all businesses do accept such payment option even though the government is still on neutral phase in about crypto acceptance.

For now i had tested out on making use of those payment options which is a success and a really accessible and fast but im not spending too much of those assets but rather make use of my fiat

because we know the potential in terms of making profits on dealing with crypto and its just a waste if you do spend it out on simple things but for the sake of test out then its not bad to consider.
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December 22, 2021, 10:28:50 PM
 #93

It should be great experiences if you are able to buy something with crypto, specially Bitcoin. Well, Bitcoin as a currwncy may not be legalized in all countries. Only some certain countries.
In this case I oersonally never buy something with crypto so that I have no such experience of how.
Btw, if Bitcoin is accepted in many more merchants in the world, I may need some certain chances to get that experience if I may buy something by online only.
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January 11, 2022, 07:00:08 AM
Last edit: January 12, 2022, 11:20:06 AM by Alcina
 #94

Unfortunately, buying in bitcoins is quite tricky. Many sites are not ready for it yet, but bitcoin will become one of the primary means of payment in a few years. I think it's very convenient to pay anything in bitcoin. Recently my friend decided to buy a unique formula that gives advanced antioxidant; when he got to the payment process, he noticed that you can pay with bitcoins. He had never done this before, so he decided to try it. As it turned out, it was pretty fast, moreover, without any interest.
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January 17, 2022, 06:57:16 AM
 #95

Well, buying vitamins with BTC is very useful, in fact I have been talking with several friends who have commercial, clothing, food stores, that it would be excellent if they can accept cryptocurrencies and BTC, but what I have realized is that the Most people do not know the technology very well, nor do they know that it represents money and that if this money is left in terms of BTC or cryptocurrency it can increase the value, when I speak to them that way they become more interested, obviously I tell them that the opposite can happen.

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January 17, 2022, 06:59:59 AM
 #96

My good friend is happy, and he doesn’t mind me to use Bitcoin again to transact with him. I don’t mind how long will BTC be massively adopted, at least it’s good to spread awareness and advocacy about it.

I think this is one of those instances where BTC can be utilized not only as an investment but as an alternative currency where you can purchase anything that you want depending on your wants/needs.

Generally speaking, most people are hesitant utilizing their BTCs. Unfortunately, they tend to HODL it as much but when it comes to meeting their obligations, they also tend to avoid using it. View BTC like stocks, where you can easily liquidate them for cash if you need to purchase something with it depending on one's needs.

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January 17, 2022, 10:17:44 AM
 #97

For several years, I have been maintaining my overall well-being by taking US-made vitamins with the same brand since late 2013. I usually order them both offline and online, either paying it through cash, bank transfer or debit card. Until now, I am still a proud user of it. It really helped managed my anxiety and panic attack symptoms, as well as better sleep quality, extra stamina during the day, better metabolism, etc.

But I stopped ordering online for 2 years. In order to save me some shipping fees, I have decided to order it from a good friend who is a licensed distributor of the vitamins product.

One day, I realized that my stocks are almost running out. So I called him to meet me to get my vitamins. My friend already have a Bitcoin wallet, but never really used it. So I asked him if he liked to be paid by Bitcoin this time, and he eventually said yes.

So I just scanned his QR code and paid him the amount (there was zero fee because of using the same wallet). And there you have it, my first Bitcoin peer to peer transaction with my friend for the vitamins.

My good friend is happy, and he doesn’t mind me to use Bitcoin again to transact with him. I don’t mind how long will BTC be massively adopted, at least it’s good to spread awareness and advocacy about it.
Glad that i experience the same thing recently mate , as the seller i met Online noted that he is also accepting cryptocurrencies though not specifically Bitcoin that i used for payment
but I am proud that i used crypto/altcoin in paying him(This happens because I am keeping my Bitcoin for Holding and i don't wanna release any amount for now)
It is always feels good when we have used our precious coins in something we really need and not just stuffs that we wanted to pay using our crypto.









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Newlifebtc
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January 17, 2022, 03:31:54 PM
 #98

This never possible for me because in my country use Bitcoin fully prohibited and who use bitcoin , government police department sezied him badly. So buying vitamins with cryptocurrencies fully desirable hope for me .
Bitcoin government don't want use eye and see people that is using bitcoin for business and campaigning of bitcoin, but I'm confused when op mention vitamin, maybe is talking of another thing, vitamin i know is too small to buy with bitcoin because no amount of vitamin price will be rate with the same rate with the little quantity of bitcoin

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romero121
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January 17, 2022, 03:41:05 PM
 #99

Well, buying vitamins with BTC is very useful, in fact I have been talking with several friends who have commercial, clothing, food stores, that it would be excellent if they can accept cryptocurrencies and BTC, but what I have realized is that the Most people do not know the technology very well, nor do they know that it represents money and that if this money is left in terms of BTC or cryptocurrency it can increase the value, when I speak to them that way they become more interested, obviously I tell them that the opposite can happen.

Myself too discussed with friends who are into different businesses. Very few have known and used it, but they have never thought of adding it as a form of payment. The rest aren't much aware and if they make a single transaction they'll understand well. Everyone are educated and good to used technology applications. When I insisted on adding it as a payment, they fear of the government. Usage isn't legalized nor regulated, so if government make any immediate plans this could trouble their business. This is what they feel, hope such thoughts will change with time.
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February 17, 2022, 11:07:51 PM
 #100

Currently, many more people are able to use BItcoin as a payment method, whether it is in their own country or cross country abroad. We can see that the Bitcoin development of adoption is growing very well actually. Many people know and accept Bitcoin as a payemnet. But, we also know that sometimes, this activity is limited by the government regualtion.
Not every country can legalize the Bitcoin as a payment they still consider that Bitcoin is not able to be used as a currency because this is decentralized.
But, how if there are two people who agree on each other to use the Bitcoin as a payment method?
As long as only they who know and they are not discovered by the certain parties, maybe this is okay and no prblme.
Hoepfully Bitcoin can be more acpeted again int his world.

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February 18, 2022, 12:46:23 PM
 #101

I don't think that paying for medicine with Bitcoin is allowed. Perhaps this kind of transaction will be the only way to pay for everything. Bitcoin is a cryptocurrency that has taken over our world lately. This kind of purchase made me overthink about our future and my kids. When I buy things online, I usually pay attention to the products displayed. The medication I order online is vitamins and supplements from https://ansbotanics.com/products/lutein-for-eyes, where I pay by card. It is simple and quick to use a credit card instead of cash.

Online payments are always easy via bitcoin or cryptocurrency. I never bought medicine online with Bitcoin because no local store accept bitcoins as payment method. I don't trust stores outside the country because I am not sure which stores are selling anthetic medicine and we can buy medicine safely from those stores.

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August 19, 2022, 02:29:05 AM
 #102

a unique and interesting story, indeed there are many stories that tell about payments using bitcoin, as you have experienced. and many more stories of other people like someone who pays hospital fees and so on. and this proves that bitcoin does help us.
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August 19, 2022, 04:57:03 AM
 #103

For several years, I have been maintaining my overall well-being by taking US-made vitamins with the same brand since late 2013. I usually order them both offline and online, either paying it through cash, bank transfer or debit card. Until now, I am still a proud user of it. It really helped managed my anxiety and panic attack symptoms, as well as better sleep quality, extra stamina during the day, better metabolism, etc.

But I stopped ordering online for 2 years. In order to save me some shipping fees, I have decided to order it from a good friend who is a licensed distributor of the vitamins product.

One day, I realized that my stocks are almost running out. So I called him to meet me to get my vitamins. My friend already have a Bitcoin wallet, but never really used it. So I asked him if he liked to be paid by Bitcoin this time, and he eventually said yes.

So I just scanned his QR code and paid him the amount (there was zero fee because of using the same wallet). And there you have it, my first Bitcoin peer to peer transaction with my friend for the vitamins.

My good friend is happy, and he doesn’t mind me to use Bitcoin again to transact with him. I don’t mind how long will BTC be massively adopted, at least it’s good to spread awareness and advocacy about it.
I believe that small payment transactions like this will one day become big and play a important role in the development of BTC. Thanks to the OP for using Bitcoin in real life. Hopefully in a very short time we will be able to spread this benefit of Bitcoin across the world.

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