Do you spend crypto? If yes, for what?

[Dave1]

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.

Same here, I haven't used it directly online, I may have to convert it to fiat first, then before we can spend it. But if there is a chance that I can used it then why not? specially for physical goods.

And with the pandemic still around, I'm thinking that there could be more stores online that will accept it, maybe I haven't find the right store that I can used by crypto, but as I have said, I will definitely go with it if there is a chance.

[ringgo96]

For now I have never used crypto to buy something I need because there are still other safer ways for me to use at this time, but in the future of course I will try because very many crypto holders already use this service in buying their needs, and I want to try to buy game equipment that I currently play using crypto if later it is safe then this will be a mainstay future.

[Vatimins]

     Yes, I have and still am specially nowadays when there are a wide variety of ways to spend your crypto easily! One is the binance card You mentioned, the binance pay, and app some apps that accepts crypto in paying for bills and other services that an average person may need or want. While I think it is a bit of a waste, it is actually a good contribution to this industry. And yes, I sometimes am left with no choice when sudden emergencies come one after another. Because sometimes, medical problems costs a lot specially here in my country and insurance alone plus your emergency funds won't be able to cover it.

[ANSEL_2.0]

I've bought gift cards, Xbox live subscription cards and so on using crypto as payment, it was way easier than inserting your MasterCard information into a website and making the payment, crypto is faster for payment than credit cards hands down.

[asyakashi]

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

I will not spend cryptocurrency to play games.
Especially if it's gambling, because it would be better used as an investment for large future savings than just playing games.
If it's to pay for it, I will also say no because it would violate the existing regulations in my country.
My country only allows cryptocurrency assets as commodity assets and is not legal to be used as a transaction to buy any goods because it must use this country's fiat.
Even if it were allowed it would be difficult to determine the value, it's better to keep it and keep watching it go up until we want to pull it all out.

[TribalBob]

if in my country there was a shop that accepted crypto, maybe it would be easier for me to shop for electronic devices, cellphones and so on, unfortunately in my country I have to change to fiat first
but I can't deny that I bought a hard wallet using crypto money that I sent through my personal wallet

[danherbias07]

I need to exchange it to PHP first before I can use it.
We have Coins.ph as a local wallet/exchange. I use their service to pay my water, electricity, and other bills. There's no direct usage of cryptocurrency just yet but it could be exchanged instantly if you want to. Their only difference with an exchange is you don't need to wait for the order to be filled and the big gap of price difference in buying or selling. It's okay though, the service of paying everything online does help a lot especially in this pandemic where I avoid to go outside.

[MFahad]

The purchase of bitcoins is prohibited in our country.   There is no service in  in our country so that we can buy it with bitcoin. But for VPN I use it and working well. I wish Alibaba start accepting Crypto so that we will be able to buy all our needs.

[mdzahed134]

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

Yeah, I used crypto (especially BTC,ETH,LTC,USDT) to buy some products as like hardware wallet and some of components for my computer, i bought a mobile phone and VPN services even still now i'm getting a few services which is purchased by crypto. But i can't use any card to pay payment due to restriction from my country because if my own country don't accept crypto.

[LogitechMouse]

Using crypto directly to buy some items? Nahh I don't see any merchants near my place that are accepting crypto.
Converting my crypto into cash then that is what I'm using is what I'm doing right now.

I'm also thinking of asking some merchants in malls if they are accepting crypto as a payment. I thought about it years ago but because of the pandemic it got delayed. Hope I can do it at least this year. I'm just curious if how many stalls in the malls are accepting crypto or at least they know crypto. Anyway, I'm not using crypto to buy items but I'm converting my crypto and that is what I'm using for my monthly expenses.

[fuguebtc]

I used BNB, TRON several times for mobile credit payment. Crypto are still not legal where I live so it's quite difficult to use them often, I can barely use my coins for other services. As I know, the government where I live is said to be drafting legal issues for crypto, I hope they will legalize it instead of banning it, if it gets banned this will be very bad for crypto users in my homeland.

[kojektea]

I think it's too wasteful to spend the bitcoins I have the reason is the fees for bitcoin transactions are quite expensive.
In addition, to determine the price of an item with bitcoin is too difficult, it's better with real money right?
they won't change too fast, it will give us time to think about buying.
In addition, spending money with bitcoin I think will make us regret because bitcoin always grows well over time,
when we spend it we will not feel we have bitcoin when bitcoin is on the moon.

[mindrust]

The only place where I spend crypto is at namecheap when I am buying domain and hosting. I like to be anonymous with my domain name purchases somehow. For everything else I use MasterCard™. I also use crypto to gamble but I don't count this as "spending". It is just gambling. I don't think crypto adoption is high enough yet. CC companies still rule this area.

[bitgolden]

The only thing I spend crypto on right now is digital stuff. Either games, or developers, designers and all those kind of stuff. Never bought anything physical with bitcoin so far, whatever I have spent it on was digital. Mainly hiring people to help me with some of my projects, none of which really succeeded to be honest but they are definitely things that I always hoped to do and I will keep doing that.

Next stop for me would be to build a whole directory of marketing, which will be a difficult task and will take at least 5-10 thousand dollars to build, but after it is built, it will be easier to keep it going. All of which will be paid with crypto if I can get that much money. From research to building to design, all will be paid in crypto.

[Cling18]

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.

As much as possible, I always pick to save my crypto but there are some instances where I leave with no choice but to use it for our daily necessities, especially during the pandemic where most transactions are being done online. There are stores and online shops in our country that accept Bitcoin but I don't do it often. However, it's too helpful during the lockdown days but since things are getting better now, I'm just holding and saving my Bitcoin.

[isaac_clarke22]

~

It is mostly going to be digital actually, unless you did a little bit of conversion like I did and mentioned in here previously. I am curious if we were able to purchase Steam Credits directly with Bitcoin. I do not mind using third-party sites and not directly from Steam platform itself, but only if it has a good reviews.
I can only purchase one of those with a little bit of conversion which kinda sucks because of the fees.

[Kopetunto]

I never spend the crypto currency that I have, because capital in crypto currency is my job, trading requires enough capital,
if not then your income is also small,

it is a pity if you have spend your crypto currency, if you have more capital, my advice buy and start trading

[Xal0lex]

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.

All the time I make purchases with cryptocurrencies, whether it is payment for hosting, VPN, servers and other things. Let's not forget that cryptocurrency is not only a means for speculation and investment, it is first and foremost a digital currency. With cryptocurrency payment you can also not worry about anonymity, because you do not need to leave your credit/banking card details everywhere. For me this way of payment has much more positive sides than negative ones. Crypto adopsion is, among other things, the spread of cryptocurrency as a means of payment, if there is no development in this direction, cryptocurrency will not be valued so much.

[hyudien]

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.

Someday I will definitely do it because for now I only think realistically about Bitcoin being sacrificed for an item that will later pile up into garbage, so ideally I would prefer to save Bitcoin rather than spend on things that can still be reached with fiat. That's one of my strong reasons, although there may be an online store near me that accepts Bitcoin payments. But then again, as a holder, I would definitely think twice and weigh the advantages between Bitcoin and certain items. Is it worth spending when Bitcoin becomes increasingly scarce and expensive, while goods will get cheaper and replaced with newer versions? 

[adzino]

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 you have Binance card, then you can use it anywhere easily.
And yes, I have used Crypto to buy things one (not any card. Coins to buy things). I have mainly used it for paying for services that accepts crypto and to buy gift cards online. Fast, easy and without any problems. You can try bitrefil if you are looking for giftcards. A little bit expensive, but they are good. You will get your cards almost instantly.