Do you spend crypto? If yes, for what?

[hyudien]

Here's a question to the audience. Do you actually buy stuff with crypto, like services or goods? If yes, what kind?

I've recently got a Binance card to play around with and use it to pay for everyday expenses. Works pretty well.

For crypto payments officially I may have never done it, but paying the proceeds from crypto and then cashing it out to fiat is something I often do. Maybe because there are no services that provide crypto payments in the country where I live. If so, can it be legalized, whereas fiat is the only legal payment in my country. Cryptocurrency for me is currently only a source of storage of value (bitcoin) and an investment alternative.

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[GeorgeJohn]

Here's a question to the audience. Do you actually buy stuff with crypto, like services or goods? If yes, what kind?

I've recently got a Binance card to play around with and use it to pay for everyday expenses. Works pretty well.

For crypto payments officially I may have never done it, but paying the proceeds from crypto and then cashing it out to fiat is something I often do. Maybe because there are no services that provide crypto payments in the country where I live. If so, can it be legalized, whereas fiat is the only legal payment in my country. Cryptocurrency for me is currently only a source of storage of value (bitcoin) and an investment alternative.

If really you do online shopping which normally required the country you are transacting with currency and the company due accept cryptocurrency and especially bitcoin, because of charge and procedures of Fiat currency you will prefer using bitcoin, so try to shop online and make payment with bitcoin, you will understand and also differentiate the difference between making payments with fiat and cryptocurrency.

[trendcoin]

I can't even if I wanted to. :) Cryptocurrencies are a powerful investment tool for me. I have a hard time seeing them as means of payment. :) I don't spend my cryptocurrencies until I reach my target selling price. Because I would feel really bad if the price went up after I spent it. I do not shop with my cryptocurrencies unless it is necessary. I do not shop with my cryptocurrencies until the target price I set to sell is met. :)

[Kasabus]

Here's a question to the audience. Do you actually buy stuff with crypto, like services or goods? If yes, what kind?

I've recently got a Binance card to play around with and use it to pay for everyday expenses. Works pretty well.

If only Binance card is applicable in our country maybe I spend some of my crypto for payment using that. But since its not, my tendency is to convert to fiat first from stablecoins then withdraw it to my bank and paid for goods or services. Actually its same but some country enjoy the perks of some good crypto card like crypto.com and binance card.

Same here in my country. I can never use crypto directly, i still have to convert it into fiat. But maybe if Binance card and the likes are already available in our country, then its still not usable because most of the merchants here are still not accepting crypto as a payment. Though it can be used online, but physical stores are still accepting fiat only. However, no worries for me, crypto will be more valuable having it as an investment only.

[tabas]

Here's a question to the audience. Do you actually buy stuff with crypto, like services or goods? If yes, what kind?

I've spend it for online shopping. As long as there's a third party service that can convert crypto for those purchases, I'd do that. It's not my entire holdings that I'll spend for it.
But only a couple of funds that I may seem think that's going to be enough to purchase for those items that I'd like to have. Been doing that for years and enjoying it a lot.

[Johnyz]

I tried to buy something before using my cryptocurrency but right now I decided now to buy anything because of the rising value of cryptocurrency, so its more of an investment now than a currency. We know that cryptocurrency has been a store of value to many and very few who really use cryptocurrency to buy things. I just can’t see my total cost of buying a simple bag after 1 month because for sure, the value will increase more same thing with the cost.

[lalabotax]

Here's a question to the audience. Do you actually buy stuff with crypto, like services or goods?

I feel I ever read a thread that has a similar question like this, previously. 

FYI, it isn't allowed to use crypto for payment purposes in my country. So, I never used crypto coins to pay for both services or goods. I only use crypto coins for digital assets, it is legal in my country. Very sad that the use of crypto is limited for investment only, but at least we still have an opportunity to use crypto coins. Certainly, I will use crypto coins for services or goods when it is legal for payment tools someday.

[Yaunfitda]

Here's a question to the audience. Do you actually buy stuff with crypto, like services or goods? If yes, what kind?

I've recently got a Binance card to play around with and use it to pay for everyday expenses. Works pretty well.

I haven't purchase any stuff with my crypto, but I have been using it for years to pay my some of my bills like:

(a) internet connection
(b) credit card
(c) electric consumption

So that's a lot of thing for me, just glad that we have services in our local crypto exchanges that support this and many more like phone load and other stuff. But I will glad to spend my crypto if there is some local merchants that will accept it.

[btc_angela]

If my memory serves me right, I used my bitcoin to purchase a laptop in 2018, and then some gadgets for my kids as well, but this is p2p, from a person that I know of. But still, I consider it as an accomplished already to try and used it to buy stuff for me and my family. Of course, I didn't regret any of that, although others will argue that it's better to hold bitcoin because the price is going to moonshot in years and it did happen. But I treat it like currency so that is fine with me.

[gabbie2010]

Here's a question to the audience. Do you actually buy stuff with crypto, like services or goods? If yes, what kind?

I've recently got a Binance card to play around with and use it to pay for everyday expenses. Works pretty well.

I haven't yet, I usually exchanged my crypto to fiat via P2P thereafter pay for any goods and services, however I am trying to utilize this opportunity of payment using crypto although in my country payment for goods and services via crypto is not allowed yet due to government non recognition of cryptocurrencies, I will test this option of buying of foreign goods using Binance card after requesting for the card, I hope someday the government of my home country will allow and adopt cryptos for payment of goods and services.

[yazher]

Here's a question to the audience. Do you actually buy stuff with crypto, like services or goods? If yes, what kind?

I've recently got a Binance card to play around with and use it to pay for everyday expenses. Works pretty well.

I spend them well when buying online because there is this local store like Amazon in our country accepting cryptocurrency payment and to support it, I always choose crypto payment when I want to buy something from that online store. I also use it to buy some items in the online games I'm playing back then but most of the time I use it to buy at the store I said earlier. I haven't tried is to pay someone with cryptocurrencies for their services.

[GatotKaca]

For most of the crypto that I use I will of course make fiat first. but for transactions using crypto, I bought several wallets for me and my friends.
there are not so many crypto transactions that I use to buy stuff. even more, I spend on gambling platforms.

[Lantind]

For most of the crypto that I use I will of course make fiat first. but for transactions using crypto, I bought several wallets for me and my friends.
there are not so many crypto transactions that I use to buy stuff. even more, I spend on gambling platforms.

What gambling platform do you use very often at the moment ? because using crypto by making it into fiat is something that is very commonly done by some people who have been in crypto for a long time even though they are not always active in gambling platforms or the like.

[Jasad]

Same here in my country. I can never use crypto directly, i still have to convert it into fiat. But maybe if Binance card and the likes are already available in our country, then its still not usable because most of the merchants here are still not accepting crypto as a payment. Though it can be used online, but physical stores are still accepting fiat only. However, no worries for me, crypto will be more valuable having it as an investment only.

My country still not allowed for using bitcoin as currency payment just stuck with investment or trading assets only so far, but still have good respond with allowed using bitcoin or cryptocurrency as legal for trading or investing. Except cryptocurrency still not allowed as currency payment I think not have to care because bitcoin and altcoin as investment assets and trading way for me how to earn profit in daily day or long term day. Have bad thing if allowed or become legal payment currency with tax paying on each transaction making.

[omone1]

I usually use my coins for international settlement or remittance. My bank restricts how much dollars you can spend on your card per month, and it's a useless cap, the only way I get to send cash over to a relative abroad is via Crypto, while they covert it to fiat there, I basically don't have fiat in my bank account anymore. As a former bank worker, my former colleagues think am jobless since no cash in my bank account.

[pakhitheboss]

I haven't got an opportunity to spend crypto for a product yet. Maybe in the future it will be possible to do it in my country. Cryptocurrency regulation in India might happen this year and after that many new projects would pop up offering service and product for cryptocurrency. At the moment I have to use fiat to buy anything in my country. I know that there are a few services that I can purchase from global vendors but at the moment I do not require those.

[husdemba]

I haven't yet purchased any goods or services with cryptocurrencies. When usage increases in this direction, cryptocurrencies will be much more valuable. In my country Turkey, 99% of cryptocurrencies are bought for investment purposes 

[Irazzzta]

Here's a question to the audience. Do you actually buy stuff with crypto, like services or goods? If yes, what kind?

I've recently got a Binance card to play around with and use it to pay for everyday expenses. Works pretty well.

yes I have, but what I buy with crypto are things related to games that are also developed by game developers who accept crypto as payment. I often convert to FIAT before buying something

[Dr.Osh]

for now, I don't use crypto very often as a transaction tool. i just converted it to fiat, and bought most of the things i needed. So far, I may only buy hosting and domain using crypto, some things also like other digital equipment or services I do with crypto because it's easier. The one I use the most is USDT, because I feel that it is a versatile coin, and is widely accepted on the sites I use. for physical goods, I've never done it because it's still illegal to make payment transactions in my country.

[bestcoins1]

I haven't yet purchased any goods or services with cryptocurrencies. When usage increases in this direction, cryptocurrencies will be much more valuable. In my country Turkey, 99% of cryptocurrencies are bought for investment purposes 

It's almost the same with my country where cryptocurrencies are also bought for investment and daily trading purposes in order to get profits with a certain target at any time even though it's not legal to buy goods or services through cryptocurrency, but if it's only for investment at your own risk, then it doesn't matter.