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Question: What do you buy/want to buy with crypto?
Lingerie - 2 (5.1%)
Luxury short-term rental properties (potentially with flexible lease) - 4 (10.3%)
Electronics & Crypto miners - 8 (20.5%)
CBD products - 1 (2.6%)
Luxury products - 6 (15.4%)
Other - 18 (46.2%)
Total Voters: 39

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Author Topic: What do you buy/want to buy with crypto?  (Read 1882 times)
collinscoinz
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May 28, 2023, 05:47:19 PM
 #81

I currently have no problem with not being able to spend crypto on almost anything I can think of when it comes to my country or within the EU where there are no customs duties and delivery is relatively fast. Therefore, I don't see much sense in ordering anything from outside the EU, because it significantly increases the price of the product due to customs and delivery, and also means a longer waiting time for the product to arrive.

Somehow it seems to me that such business ventures should be focused on the national market, although this does not prevent anyone from trying to expand internationally, but first it would.Same thing here in my country, crypto are not yet legal and there are no establishments that accept Bitcoin or other altcoins as payment. In situations where I don't have fiat currency with me, I tend to convert some of my Bitcoin to the local currency and then use fiat to make the  purchases. While I acknowledge that this may not be the ideal way to utilize Bitcoin, it's unfortunate that my country doesn't currently permit their widespread use. I believe many people in various countries around the world face similar issues when attempting to make purchases with Bitcoin or other cryptocurrencies.

The only way you could spend your crypto is through online transactions rather than in physical stores. I mean platforms like Bitrefill offer services where you can recharge your phone using Bitcoin. Additionally you can purchase gift cards and other similar items with crypto.
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May 31, 2023, 02:18:26 PM
 #82

Real estate, only problem is that buying real estate with crypto is only wide-spread in Dubai, when it comes to other countries I consider better it's close to impossible. I can find individual sellers but no agency willing to deal with crypto.
There are some developed countries that have Bitcoin transactions but not all countries have such facilities. Even if we want to, we cannot make any transactions through Bitcoin in countries where Bitcoin is not legal. Dubai is one of the most modern cities in the world and it is natural that this city will have all kinds of facilities. But this facility will not be limited only to Dubai as time changes and someday this facility will spread globally. Tourists will not have any problem with currency exchange if in most countries the facility of transactions through Bitcoin is kept along with money.
Bitcoin transactions are not accepted in all countries of the world. Even in my country I can never do any transaction with Bitcoin because here it is a crime to do Bitcoin transaction. But Dubai is a developed state where everything from products to various payments and transactions are allowed by cryptocurrency. Another developed country that has become very popular in the world today is El Salvador which has officially approved Bitcoin. And since EL Salvador accepts most transactions in Bitcoin, everything has the advantage of doing Bitcoin transactions. So it is understood that in the future Bitcoin will be approved in many more countries and will be launched in the transaction field, then the popularity of Bitcoin will continue to increase.

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Youngkhngdiddy
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May 31, 2023, 09:10:44 PM
 #83

There are lots of things I personally would love to buy with cryptocurrency but unfortunately most online stores in my country does not accept payment with bitcoin or other cryptocurrency currencies. And buying outside my country might seem costlier due to high custom chargers and shipment fees.

 therefore I had to convert my bitcoin to fiat on my binance wallet and pay for those good from the online store, still hoping that there would be a lift on cryptocurrency ban soon so I'll be able to pay for the items I buy online with bitcoin or other crypto currencies.
Litzki1990
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June 02, 2023, 06:03:39 AM
 #84

Real estate, only problem is that buying real estate with crypto is only wide-spread in Dubai, when it comes to other countries I consider better it's close to impossible. I can find individual sellers but no agency willing to deal with crypto.
There are some developed countries that have Bitcoin transactions but not all countries have such facilities. Even if we want to, we cannot make any transactions through Bitcoin in countries where Bitcoin is not legal. Dubai is one of the most modern cities in the world and it is natural that this city will have all kinds of facilities. But this facility will not be limited only to Dubai as time changes and someday this facility will spread globally. Tourists will not have any problem with currency exchange if in most countries the facility of transactions through Bitcoin is kept along with money.
Bitcoin transactions are not accepted in all countries of the world. Even in my country I can never do any transaction with Bitcoin because here it is a crime to do Bitcoin transaction. But Dubai is a developed state where everything from products to various payments and transactions are allowed by cryptocurrency. Another developed country that has become very popular in the world today is El Salvador which has officially approved Bitcoin. And since EL Salvador accepts most transactions in Bitcoin, everything has the advantage of doing Bitcoin transactions. So it is understood that in the future Bitcoin will be approved in many more countries and will be launched in the transaction field, then the popularity of Bitcoin will continue to increase.
EL Salvador is the first country to officially accept Bitcoin. And plans are underway to establish a Bitcoin tower in Dubai. Developed countries have access to Bitcoin transactions but developing countries do not. But some countries are currently moving positively towards Bitcoin. A few days ago I heard that the government of Bhutan is planning to officially accept Bitcoin in their country. Currently developing countries or developed countries are trying to get involved with Bitcoin. I don't know which country you live in but I believe after few years you will be able to do bitcoin transactions in your country.

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Gladitorcomeback
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June 03, 2023, 09:51:36 AM
 #85

EL Salvador is the first country to officially accept Bitcoin. And plans are underway to establish a Bitcoin tower in Dubai. Developed countries have access to Bitcoin transactions but developing countries do not. But some countries are currently moving positively towards Bitcoin. A few days ago I heard that the government of Bhutan is planning to officially accept Bitcoin in their country. Currently developing countries or developed countries are trying to get involved with Bitcoin. I don't know which country you live in but I believe after few years you will be able to do bitcoin transactions in your country.

Many countries are taking step to accept BTC. some countries installed BTC ATM and citizens can easily Withdraw btc payment from these ATM. No doubt El Salvador supported Btc very much and they make Bitcoin city. Some Others devolped countries also legalize crypto. india has also legalized but 30% tax applied for crypto transaction which is bit higher. Nigeria also approved Blockchain use some week ago. Honkong also looking positive as they announced something big for retail investors to trade btc and Eth  

Unfortunately some Asian devolping countries (China, Pakistan, Afghanistan and Bangladesh) are not positive toward crypto and citizens are not allowed to freely buy and sell btc and they use third party service for this. Government cannot completely banned crypto transaction and i hope in some years every government will accept this technology and will adopt it.

avp2306
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June 04, 2023, 09:04:23 AM
 #86

Real estate, only problem is that buying real estate with crypto is only wide-spread in Dubai, when it comes to other countries I consider better it's close to impossible. I can find individual sellers but no agency willing to deal with crypto.
There are some developed countries that have Bitcoin transactions but not all countries have such facilities. Even if we want to, we cannot make any transactions through Bitcoin in countries where Bitcoin is not legal. Dubai is one of the most modern cities in the world and it is natural that this city will have all kinds of facilities. But this facility will not be limited only to Dubai as time changes and someday this facility will spread globally. Tourists will not have any problem with currency exchange if in most countries the facility of transactions through Bitcoin is kept along with money.
Bitcoin transactions are not accepted in all countries of the world. Even in my country I can never do any transaction with Bitcoin because here it is a crime to do Bitcoin transaction. But Dubai is a developed state where everything from products to various payments and transactions are allowed by cryptocurrency. Another developed country that has become very popular in the world today is El Salvador which has officially approved Bitcoin. And since EL Salvador accepts most transactions in Bitcoin, everything has the advantage of doing Bitcoin transactions. So it is understood that in the future Bitcoin will be approved in many more countries and will be launched in the transaction field, then the popularity of Bitcoin will continue to increase.
EL Salvador is the first country to officially accept Bitcoin. And plans are underway to establish a Bitcoin tower in Dubai. Developed countries have access to Bitcoin transactions but developing countries do not. But some countries are currently moving positively towards Bitcoin. A few days ago I heard that the government of Bhutan is planning to officially accept Bitcoin in their country. Currently developing countries or developed countries are trying to get involved with Bitcoin. I don't know which country you live in but I believe after few years you will be able to do bitcoin transactions in your country.

Adoption happen to El Salvador is so good since it opens so many possibilities for other country to accept this coin since they let other country to see what good development happened to them after they accept bitcoin on their country. For sure this scores positive and we might see more countries to adopt or announce that they make it as their legal tender to. Its just bitcoin need to have continuous positive news so that no doubt will came out in their mind to accept bitcoin.

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Litzki1990
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June 05, 2023, 03:24:56 PM
 #87

Real estate, only problem is that buying real estate with crypto is only wide-spread in Dubai, when it comes to other countries I consider better it's close to impossible. I can find individual sellers but no agency willing to deal with crypto.
There are some developed countries that have Bitcoin transactions but not all countries have such facilities. Even if we want to, we cannot make any transactions through Bitcoin in countries where Bitcoin is not legal. Dubai is one of the most modern cities in the world and it is natural that this city will have all kinds of facilities. But this facility will not be limited only to Dubai as time changes and someday this facility will spread globally. Tourists will not have any problem with currency exchange if in most countries the facility of transactions through Bitcoin is kept along with money.
Bitcoin transactions are not accepted in all countries of the world. Even in my country I can never do any transaction with Bitcoin because here it is a crime to do Bitcoin transaction. But Dubai is a developed state where everything from products to various payments and transactions are allowed by cryptocurrency. Another developed country that has become very popular in the world today is El Salvador which has officially approved Bitcoin. And since EL Salvador accepts most transactions in Bitcoin, everything has the advantage of doing Bitcoin transactions. So it is understood that in the future Bitcoin will be approved in many more countries and will be launched in the transaction field, then the popularity of Bitcoin will continue to increase.
EL Salvador is the first country to officially accept Bitcoin. And plans are underway to establish a Bitcoin tower in Dubai. Developed countries have access to Bitcoin transactions but developing countries do not. But some countries are currently moving positively towards Bitcoin. A few days ago I heard that the government of Bhutan is planning to officially accept Bitcoin in their country. Currently developing countries or developed countries are trying to get involved with Bitcoin. I don't know which country you live in but I believe after few years you will be able to do bitcoin transactions in your country.

Adoption happen to El Salvador is so good since it opens so many possibilities for other country to accept this coin since they let other country to see what good development happened to them after they accept bitcoin on their country. For sure this scores positive and we might see more countries to adopt or announce that they make it as their legal tender to. Its just bitcoin need to have continuous positive news so that no doubt will came out in their mind to accept bitcoin.
If El Salvador had a worse economic situation than before after adopting Bitcoin, this news would have been much more widely reported by various media outlets. But the sad thing is that even though the economic conditions in their countries have improved after adopting Bitcoin, these news are not getting much coverage because the media is more comfortable to only publish negative news of Bitcoin. EL Salvador took a great initiative and for them this initiative was very challenging because in the first place no one supported their initiative but the president of that country proved that his decision was right. The country is gradually adopting and implementing various Bitcoin-centric measures. If they can manage their activities well then their country will transform into a modern country.

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noormcs5
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June 06, 2023, 11:03:33 AM
Last edit: June 06, 2023, 01:10:32 PM by noormcs5
 #88

Real estate, only problem is that buying real estate with crypto is only wide-spread in Dubai, when it comes to other countries I consider better it's close to impossible. I can find individual sellers but no agency willing to deal with crypto.
There are some developed countries that have Bitcoin transactions but not all countries have such facilities. Even if we want to, we cannot make any transactions through Bitcoin in countries where Bitcoin is not legal. Dubai is one of the most modern cities in the world and it is natural that this city will have all kinds of facilities. But this facility will not be limited only to Dubai as time changes and someday this facility will spread globally. Tourists will not have any problem with currency exchange if in most countries the facility of transactions through Bitcoin is kept along with money.

To tell you truth my vision is currently to accumulate bitcoin as much as I can and not spend it. If you trust bitcoin and it's future, you won't be willing to spend it in these cheap prices.

Secondly those people think that since bitcoin is not legal in some countries, it would be difficult to spend , this is not the case. You can always convert your bitcoin into fiat and then buy whatever you want. Spending bitcoin is not a problem , the real focus should be to accumulate bitcoins.

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Litzki1990
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June 08, 2023, 10:49:54 AM
 #89

Real estate, only problem is that buying real estate with crypto is only wide-spread in Dubai, when it comes to other countries I consider better it's close to impossible. I can find individual sellers but no agency willing to deal with crypto.
There are some developed countries that have Bitcoin transactions but not all countries have such facilities. Even if we want to, we cannot make any transactions through Bitcoin in countries where Bitcoin is not legal. Dubai is one of the most modern cities in the world and it is natural that this city will have all kinds of facilities. But this facility will not be limited only to Dubai as time changes and someday this facility will spread globally. Tourists will not have any problem with currency exchange if in most countries the facility of transactions through Bitcoin is kept along with money.

To tell you truth my vision is currently to accumulate bitcoin as much as I can and not spend it. If you trust bitcoin and it's future, you won't be willing to spend it in these cheap prices.

Secondly those people think that since bitcoin is not legal in some countries, it would be difficult to spend , this is not the case. You can always convert your bitcoin into fiat and then buy whatever you want. Spending bitcoin is not a problem , the real focus should be to accumulate bitcoins.
Anyone can easily spend bitcoins but not everyone can save bitcoins not everyone has the patience to hold but if you hold bitcoins without spending them there are more benefits the things you spend will end but the things you hold. That thing will come in handy in the future. 
If we need to spend then we can spend our paper money but why we spend bitcoins who has the amount of btc should hold that amount of btc and buy some more btc if possible so that there is a chance of getting good profit in future.

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MadHatters
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June 24, 2023, 01:10:35 PM
 #90

I use when I get profits from the crypto betting houses, and then the changes to dollars for the debts of the commercial houses  Roll Eyes Roll Eyes
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June 29, 2023, 05:11:40 PM
 #91

I use when I get profits from the crypto betting houses, and then the changes to dollars for the debts of the commercial houses  Roll Eyes Roll Eyes
Are you seriously earning constant profits from cryptocurrency gambling to be able to pay mortgages for the houses you've bought? Is that what you mean by that? If so, you must be pretty lucky because not everyone can get enough money as profit from gambling to be able to pay mortgages for their properties or to spend on things they want to buy with cryptocurrencies, only the luckiest people can be able to do that.

That being said, since you said that you get profit from betting houses and then convert it to dollars and pay for the commercial houses, I don't really think that counts as buying things with crypto, it would count if you were paying those mortgages with a cryptocurrency just like how people do in Portugal.

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June 29, 2023, 09:02:41 PM
 #92

Games, own house, rental properties, farm lands, anything that I wish to have and enjoy of having it.

But if another serious one if it's gonna integrate with the local commute and travels. Having a card that pays your fare is gonna be helpful and it's much better if it's accepted almost everywhere just like visa and mastercard.

I know that we're going there but not yet applicable to the places where I mostly go. But I am not losing my hope that someday I'll see it.

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July 11, 2023, 08:34:52 AM
 #93

Real estate, only problem is that buying real estate with crypto is only wide-spread in Dubai, when it comes to other countries I consider better it's close to impossible. I can find individual sellers but no agency willing to deal with crypto.
There are some developed countries that have Bitcoin transactions but not all countries have such facilities. Even if we want to, we cannot make any transactions through Bitcoin in countries where Bitcoin is not legal. Dubai is one of the most modern cities in the world and it is natural that this city will have all kinds of facilities. But this facility will not be limited only to Dubai as time changes and someday this facility will spread globally. Tourists will not have any problem with currency exchange if in most countries the facility of transactions through Bitcoin is kept along with money.
Bitcoin transactions are not accepted in all countries of the world. Even in my country I can never do any transaction with Bitcoin because here it is a crime to do Bitcoin transaction. But Dubai is a developed state where everything from products to various payments and transactions are allowed by cryptocurrency. Another developed country that has become very popular in the world today is El Salvador which has officially approved Bitcoin. And since EL Salvador accepts most transactions in Bitcoin, everything has the advantage of doing Bitcoin transactions. So it is understood that in the future Bitcoin will be approved in many more countries and will be launched in the transaction field, then the popularity of Bitcoin will continue to increase.
Dubai is one of the most modern cities in the world, all tourists go to enjoy the beauty of Dubai. It is very common to launch such a transaction system in Dubai. Because the Dubai government always wants to provide maximum facilities to the tourists. Apart from Dubai, many other countries in the world are currently thinking positively about Bitcoin. In your country you can't buy any product with bitcoin because bitcoin is completely banned currency in your country but you believe in few years bitcoin will become very popular currency in your country then you can use bitcoin as transaction. Or if you have a strong desire to transact with Bitcoin then you can travel to Dubai or El Salvador and hope you can fulfill these desires there.

R


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July 12, 2023, 02:16:58 PM
 #94

What do you buy/want to buy with crypto? I myself buy services sometimes, and crypto miners.
Actually many want to buy with cryptocurrency, considering that currently all needs such as: Property, Electronics, all women's and men's products have been sold and can be purchased online.

Sure, if your project: http://www.marketspaace.com/, providing all the needs of women and men as well as a matter of lower prices on your service, of course it will make it easier for crypto users to order the things they want to buy, that's for sure.

I don't see all of your answers here, but I have something to ask.
1. How do you deliver goods, if purchased on your web service abroad.
2. Do you cooperate with worldwide delivery service.

Maybe if the price is right and the goods you sell are better than other online sites, maybe it has the charm to have something from you, I hope your customers are satisfied with your current market service.

R


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July 12, 2023, 11:13:35 PM
 #95

There are lots of things I personally would love to buy with cryptocurrency but unfortunately most online stores in my country does not accept payment with bitcoin or other cryptocurrency currencies. And buying outside my country might seem costlier due to high custom chargers and shipment fees.

 therefore I had to convert my bitcoin to fiat on my binance wallet and pay for those good from the online store, still hoping that there would be a lift on cryptocurrency ban soon so I'll be able to pay for the items I buy online with bitcoin or other crypto currencies.
There are may of the online stores that have not started accepting Bitcoin or other cryptocurrency but I hope with time things are going to change hand. I find it easier to purchase goods online using cryptocurrency which is what I normally look for when I want to buy something from an online store. It keep me safe buying with cryptocurrency than having to drop my credit card details to online retailers which is very risky to me and they can even deduct more funds as time goes on without permission.

Bitcoin existence had made things very easier for traders and investors to easily trade online without having to drop you details to people that you can not trust. By the time Bitcoin become a legal tender in most countries, things are going to be easier and more business firms would start accepting it and other cryptocurrencies.









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July 12, 2023, 11:28:26 PM
 #96

I use when I get profits from the crypto betting houses, and then the changes to dollars for the debts of the commercial houses  Roll Eyes Roll Eyes
Are you seriously earning constant profits from cryptocurrency gambling to be able to pay mortgages for the houses you've bought? Is that what you mean by that?
That's not what i understand, when he said "when i get profits" i understand that it's not an always win. There is no always win in gambling, there's no people having that luck without getting a loss.

In the past few months, i usually convert a huge ratio of my crypto to fiat for saving purpose, and the rest is investments. Never bought any crypto-related item as well.

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July 28, 2023, 11:41:20 AM
 #97

Service that not allowed by law Grin
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July 29, 2023, 03:45:59 PM
 #98

I use when I get profits from the crypto betting houses, and then the changes to dollars for the debts of the commercial houses  Roll Eyes Roll Eyes
Are you seriously earning constant profits from cryptocurrency gambling to be able to pay mortgages for the houses you've bought? Is that what you mean by that?
That's not what i understand, when he said "when i get profits" i understand that it's not an always win. There is no always win in gambling, there's no people having that luck without getting a loss.

In the past few months, i usually convert a huge ratio of my crypto to fiat for saving purpose, and the rest is investments. Never bought any crypto-related item as well.
That is exactly what I was thinking about, how can a person get constant profits from gambling when the whole concept of gambling is based on luck, and one cannot stay lucky all the time, no strategy, no planning, nothing can maximize the chances of one winning more in gambling and reducing the losses, so someone thinking they might be able to earn profits from gambling every day is simply deceiving themselves or not understanding the concept of gambling.

Anyway, why are you converting your cryptocurrencies to fiat for saving? Isn't it better if you have them in Bitcoin considering the price of Bitcoin isn't so high at the moment and we have the halving event coming up next year? I would keep the savings in Bitcoin for now until the bull run, but it's all your decision to take.

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July 30, 2023, 11:30:16 AM
 #99

Service that not allowed by law Grin

LOL

Welcome to the forum. You're allowed to say that because you are brand new Cheesy



IMO, the poll should give you the option to mark more than only one answer, although I don't buy nor would like to buy the items listed among the offered.

In my case, I would like to buy basic necessities such as food, utility bills... yes, dreams of a poor man, but I don't think that Satoshi invented Bitcoin to allow you buy yachts more conveniently. And I'm not a child anymore either, so I'm not interested in buying expensive toys for adults like lambos.

So, among the listed, I would select lingerie (hardly ever) and electronics (just electronics, not crypto miners), so my selection was "Other".

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August 04, 2023, 04:04:16 PM
 #100

IMO, the poll should give you the option to mark more than only one answer, although I don't buy nor would like to buy the items listed among the offered.

In my case, I would like to buy basic necessities such as food, utility bills... yes, dreams of a poor man, but I don't think that Satoshi invented Bitcoin to allow you buy yachts more conveniently. And I'm not a child anymore either, so I'm not interested in buying expensive toys for adults like lambos.

So, among the listed, I would select lingerie (hardly ever) and electronics (just electronics, not crypto miners), so my selection was "Other".
That would be an amazing day when online e-commerce marketplaces such as Amazon will start accepting cryptocurrencies such as Bitcoin for payment so that one can be able to buy almost anything they want with Bitcoin and other cryptocurrencies that they have. I know that one can do that by buying gift cards with Bitcoin and then using those cards for purchasing items at online stores like Amazon but that is not as fun as paying directly with Bitcoin from your wallet.

Though I'm also not a fan of buying very expensive stuff with Bitcoin or cryptocurrencies, I still think it is much better to do a transaction using Bitcoin than using traditional financial systems such as banks and credit cards, etc., and I like electronics too but mostly gaming gadgets, pcs, and stuff.
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