What do you buy/want to buy with crypto?

[Market Spaace]

Hey guys,

What do you buy/want to buy with crypto? I myself buy services sometimes, and crypto miners.

I've put a few options on the poll that I'm exploring, feel free to vote, but would love to hear your thoughts too.

This post is actually inspired by one of my other posts on Reddit: https://www.reddit.com/r/BitcoinAUS/comments/wtqur1/what_do_you_buywant_to_buy_with_crypto/

It's currently at 176 votes and 9.4k views.

For more context, we've made a platform where people can buy and sell physical goods with crypto. We're currently trialling it as a private BETA in Melbourne, Australia, and now, we're looking to open our service up a bit more to the public. We'd love to hear from the community so we know what cool new products to add next!

If you'd like to learn more, here's a link to our website: www.marketspaace.com (By the way, our site & socials will have a lot of updates in the coming weeks)

[zbutterfly]

we've made a platform where people can buy and sell physical goods with crypto.
~~~
If you'd like to learn more, here's a link to our website: www.marketspaace.com (By the way, our site & socials will have a lot of updates in the coming weeks)

interesting project, in our country not all of them publish projects like this, because of tax problems. do you accept overseas shipments?
btw, this is just my suggestion, forget about mining crypto with a machine, it will only make you dizzy. Do stock assets.

[Market Spaace]

we've made a platform where people can buy and sell physical goods with crypto.
~~~
If you'd like to learn more, here's a link to our website: www.marketspaace.com (By the way, our site & socials will have a lot of updates in the coming weeks)

interesting project, in our country not all of them publish projects like this, because of tax problems. do you accept overseas shipments?
btw, this is just my suggestion, forget about mining crypto with a machine, it will only make you dizzy. Do stock assets.

Hey man!

Yes compliance & regulatory requirements is definitely a challenge, we actually partnered with a company who handles our payments (crypto and fiat) & legal obligations for us, since they already have licenses in several parts of the world.

As for overseas shipments, not at the moment, but primarily because of logistical reasons. We want timely deliveries, so we only accept deliveries within Australia for now (it makes it easier to manage for the time being). What country are you from by the way?

Oh yes agreed with the mining, we decided to take that off too, just need to update our site. The idea behind it was to promote the concept of "spend from what you earn", as in we wanted to introduce crypto mining onto our platform as one of the ways we help users earn, to then either cashout or use on our platform.

We decided this was too complicated, so instead we'll be using other investment opportunities to help our users earn. At the moment, just giving interest on deposited assets.

Thanks for voting by the way!  

[Lucius]

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 be good to succeed on the domestic market.

[zbutterfly]

~~~
Thanks for voting by the way!  

Welcome, I am currently in your neighboring country, yes, I hope your project will be successful

[Potato Chips]

Maybe add more crypto-related things that locals would usually get overseas e.g. steel plates for seed backups?--best to become an official retailer of some brands-- it gives your platform an edge since locals would save on the shipping cost. Offering discounts for other stuff could encourage people to opt for crypto payments as well.

[SFR10]

We'd love to hear from the community so we know what cool new products to add next!

AFAICR, I haven't seen a dedicated Australian marketplace for buying/selling collectible items in this field <sup>[if you check the "Collectibles" board, you'll see how cool most of the items are].
- While you're at it, it'd also be great to offer customers a chance to pay for online courses in BTCitcoin or other cryptocurrencies.</sup>

we actually partnered with a company who handles our payments (crypto and fiat) & legal obligations for us, since they already have licenses in several parts of the world.

Do you mind providing a bit more information with regards to them?

[uneng]

I want to buy food and pay my bills with cryptocurrency. This way 90% of my expenses can be paid without being necessary to swap crypto into fiat first, therefore I can almost completely eliminate fiat usage from my daily life, while also eliminating the fees I have to pay when exchanging money and transacting it from one place to another.
Another kinds of products are also interesting to pay with crypto, although their impact in life is tiny, since I make such purchases very rarely.

[m2017]

Since cryptocurrencies are conceived as full-fledged electronic money, they should have the function of ordinary money - payment for any goods and services without restrictions on certain types or categories. Almost every person in the world has a smartphone that allows to receive or send payment in the form of crypto, that is, technically, there are no obstacles to making per-to-per transfers, not to mention stores or retail chains. Of course, with a caveat, without conversion to intermediate currencies, like fiat. Immediately and directly in cryptocurrencies. To literally answer your question, I would like to buy everything using crypto. In a sense, to be able to buy whatever you want, just like with ordinary money. Probably the dream of many on the forum is to wait for this moment.

[spiker777]

here are few things that I use to buy with crypto:
mobile loads and data packages (using bitreffil)
games and steam gift codes (bitrefill and  other sources)
subscriptions services and website memberships.
domain names and hostings.

these are the things that I am able to buy.
and here are things that I want to buy but not able to
Property.
Car
Movie Tickets
Food.

[|MINER|]

If you ask me what cryptocurrencies I want to buy and what I want to sell, then your options will be small for me . In a word, I want to buy and sell all the things I need by through cryptocurrency, because currently I have to convert my crypto currencies to fiat to buy all those things. So it is better for me that I can do all the transactions  in Cryptocurrencies what I needed .

[fullhdpixel]

If you ask me what cryptocurrencies I want to buy and what I want to sell, then your options will be small for me . In a word, I want to buy and sell all the things I need by through cryptocurrency, because currently I have to convert my crypto currencies to fiat to buy all those things. So it is better for me that I can do all the transactions  in Cryptocurrencies what I needed .

No mate, he isn't asking if what cryptos do we want to buy but he asks if what do we want to buy with our cryptos or the profits that we could get on them. And how can you say that his options are small for you when he already have luxury items and miners on the poll list? Do you think they are small/cheap? Well, think again.

If you're in a place where cryptos are not a legal tender and there is only less to no merchants that accepts crypto, well yes you need to convert your cryptos first to fiat before you can be able to use them however there's also crypto cards which supports visa, mastercard and others. You can also swipe your card to pay directly on supported merchants.

[sheenshane]

It's currently at 176 votes and 9.4k views.

But you only got 5 votes here including mine (I voted others), which means people here didn't want to spend their Bitcoin for those things above.  They want to store value and convert it when there's an increase in the market, this was what holders usually do.

For more context, we've made a platform where people can buy and sell physical goods with crypto. We're currently trialling it as a private BETA in Melbourne, Australia, and now, we're looking to open our service up a bit more to the public. We'd love to hear from the community so we know what cool new products to add next!

That sounds good project, an online store merchant that only accepts Bitcoin.
An e-commerce platform that provides customers with an easy, secure, and fast online shopping experience through crypto payment and fulfillment support, is this how your project works?

[Llhxsdr]

It's really a great platform. I want to buy a BMW MINI for my wife. She loves the style and cuteness of the BMW MINI. I also think it is very suitable for my lovely wife. But I think it may not be as convenient as buying in reality...

[zfhrt80]

I can pay phone bills or buy Starbucks coffee, which is what I need every day. I think more and more retailers are willing to accept cryptocurrency payments, and this has already been realized, and it can already be used as our daily payment method.

[Odusko]

If you ask me what cryptocurrencies I want to buy and what I want to sell, then your options will be small for me . In a word, I want to buy and sell all the things I need by through cryptocurrency, because currently I have to convert my cryptocurrencies to fiat to buy all those things. So it is better for me that I can do all the transactions in Cryptocurrencies that I needed.

The burden of having to pay for necessities with cryptocurrency is big right now and this is due to the level of cryptocurrency adoption and the processing of payment from an end crypto user to the agent in charge of the goods or services again what discourages people is the fact that not everyone uses or accepts cryptocurrencies as payment.
But if am to express my happiness to see that I can buy what so ever I want with crypto will give me that sense of total freedom because we have a lot of shortcomings using Fiat for buying basic and life necessities.

[gunhell16]

I have long wanted to experience buying my commodities using cryptocurrency as payment such as bitcoin. That's why there are only a few merchants who accept bitcoin here as payment.

Then if I only have a lot of money, I will buy a mining rig that can give me bitcoin profit.
Because I know what the potential of bitcoin is.

[Ryker1]

^[snip]
Then if I only have a lot of money, I will buy a mining rig that can give me bitcoin profit.
Because I know what the potential of bitcoin is.

Well, I don't think that would be a potential one, because mining depends on which country you are in.
Here in my place, the crypto mining business is not worth it because the electricity bill is too expensive --which I think is good if you are in cold places like Russia, Finland, or even in Iceland thank surely the cooling system is not needed.
For me? I will buy assets or stocks that will generate profit aside from crypto. That would be the best investment that come from crypto.
Luxury products you can purchase it using fiat.

[Smartvirus]

It's a nice initiative and that's definitely how sme big brands are built by coming up to be pioneers to what could be a trend I the near future. In that, you create a pilot study for others to follow and possibly have some tips that never comes out as a business strategy on how to keep up with the management.

On what I would have liked to buy?
Pretty much everything or or things that isnt groceries (at least not at the moment), especially the heavy duty stuff and most of all, electronics. Sadly, when it comes to cryptos and transacting across borders as per shipment, it comes with some challenges as you've already sited

As for overseas shipments, not at the moment, but primarily because of logistical reasons. We want timely deliveries, so we only accept deliveries within Australia for now (it makes it easier to manage for the time being). What country are you from by the way?

And there is always an issue of trust/insurance. Little wonder why we've got escrows these days to mediate between parties.

[sheenshane]

Generally it would be interesting to buy electronics using cryptocurrencies, but at the moment I do not buy anything with crypto, and just store it in the HitBTC wallet that I discovered recently.

This is a big mistake if you still store your Bitcoin on that shady exchange, though they're one of the oldest exchanges it seems like they're selectively scamming their users by locking and freezing users' accounts.  The private key isn't with you, it's not totally safe at all.
I have heard also they have high fees when trading your coin in their wallet which is not really good.

But that's good, holding your Bitcoin while there's a bear market is a wise decision.
Good thing there's an online store that directly accepts Bitcoin in your place, in my place, I didn't try this.