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Author Topic: Buying real world items with crypto  (Read 219 times)
osasshem
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September 29, 2021, 08:55:06 PM
 #21

For now it is rare to find a real website that supports the use of bitcoin or crypto coin for online purchase. But if it is covered to fiat, then there are whole lots of them.

It won't be really easy to handle this form of business transactions if it's been compared to the P2P process of crypto convertion to fiat, there will still be some lapses that will need to be put in place for a smooth transaction. Let's take for instance P2P, you need to as a seller confirm that the cash has been deposited into your account, and an escrow standing as the third party. Now, buy a product online, will the product be paid for first, then wait for the delivery or the product will be delivered first, then seller waits for payments, stuffs like this.

Well, I know for sure that, a way will definitely be made that will correct and solve this and crypto will be used for purchasing of goods/products online.
Koro-Sensei
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September 30, 2021, 04:52:02 AM
 #22

There are various platforms that support this. In my country, you can buy a High end Mountain bikes/Road bikes using SLP. Hotels can also book your reservations using BTC too. Aside from that, projects like PundiX helps the transitions too. Projects like GOMT will also soon have a place in this for they would accept orders in buying meat products and groceries using their tokens.
OnlineCasinoBoard
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September 30, 2021, 05:27:31 AM
 #23

Where’s the best places to buy high ticket items with crypto?

Only place I’ve heard of doing this is 4K, but they’re building a marketplace where you can buy/sell NFTs backed by physical assets. They’re just starting out with high end watches. Would be interesting to see other items as well (website: http://4k.com/drops)

I feel like with the advent of blockchain we can disrupt all web2 platforms which all have crazy high fees and inefficiencies/fraud.

It's give you huge curiosity and happiness. When you had started to buy the real world product with cryptocurrency.Same excitement was experienced by myself. Later it get it importance is the fact.Only the people in county which legalized the cryptocurrency or bitcoin. Many people had missed the chance of buying bitcoin at lower price that below of 10k dollars.
Gayong88
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September 30, 2021, 05:36:56 AM
 #24

Now on Twitter, there's a lot of people talking about NFT and its biggest and most complete market if I'm not mistaken at https://opensea.io/. For a Marketplace like 4K as you said above where we can buy/sell NFTs backed by physical assets in my opinion, this is very good, this is a new evolution as an initial step in the development of the NFT Market and I believe there is a bigger goal than this NFT is to get people to buy goods using crypto and NFT will change the world For example now Can pay auctions using crypto cryptohttps://www.coindesk.com/sothebys-to-accept-crypto-for-rare-100-carat-diamond-in-upcoming-auction.

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imstillthebest
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September 30, 2021, 05:51:43 AM
 #25

there was once an old site here that also sells watches for cryptos ,
 not sure if this was this site but when i tried accesing the link you provide , it does not load and theres also a warning at the top that says not secure . better if they fix this so that people will not doubt to try .

Quote
I feel like with the advent of blockchain we can disrupt all web2 platforms which all have crazy high fees and inefficiencies/fraud.

yeah this is the goodness of blockchain and cryptocurrencies . they are the technology of the future
goldkingcoiner
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September 30, 2021, 06:15:53 AM
 #26

Bitrefill seems to be the best option for buying real world items with crypto, as far as I personally know. But there are also other website that sell plane tickets, hotels and even car rental leases. However I would be ignorant if I didnt mention the more than generous (to the website owner) Bitcoin prices when compared to market prices. Basically be prepared to pay a large chunk more than if you bought with fiat... I think that will change with more adoption though...

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Jaered
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September 30, 2021, 06:27:59 AM
 #27

There are options to buy real world stuff with crypto. In my country, you can order food from fast food via TFA app. I have done this at least and its not a hearsay. You can accumulate the tokens on the app via playing several games
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