Bitcoin Forum
May 21, 2024, 01:31:24 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 [2] 3 4 »  All
  Print  
Author Topic: What can Bitcoin afford to buy  (Read 485 times)
Justtoons
Jr. Member
*
Offline Offline

Activity: 70
Merit: 5

Bet2Dream.com


View Profile
February 24, 2023, 12:05:18 PM
 #21

In many countries, payments for most online businesses are made using bitcoins or other crypto currency. But when it comes to buying things locally from stores or shops, it is not acceptable.

On the other hand, what Bitcoin can buy, depends solely on the price of a country's own currency compared to a dollar.

▬▬▬▬▬▬▬ Bet2Dream.com ▬▬▬▬▬▬▬
Get Free Bal($) When You Register! Join Now!
Stephanpomp
Newbie
*
Offline Offline

Activity: 6
Merit: 0


View Profile
February 24, 2023, 12:08:39 PM
 #22

You can buy domain names, pay for web hosting, maintain servers, and leverage VPNs all with your preferred cryptocurrency and wallet. BitPay partners with NameCheap, ExpressVPN, HOSTKEY, Nexusguard, and many other providers to give you the freedom of paying for your web services with crypto
Helena Simmons
Newbie
*
Offline Offline

Activity: 8
Merit: 0


View Profile
February 24, 2023, 12:10:04 PM
 #23

It's quite rare that every seller accepts bitcoin as a payment mode. But it's possible when two parties accept bitcoin. For example, KFC, Subway, and Burger King restaurants from different countries have tried offering Bitcoin payments to their clients. You might not be able to use your Bitcoin at a physical store or shop, but doing so online is simpler.
John Abraham
Hero Member
*****
Offline Offline

Activity: 518
Merit: 547


View Profile
February 24, 2023, 12:22:42 PM
Merited by The Sceptical Chymist (4)
 #24

Many people are confused of Bitcoin and mostly mother's having double mindset of what bitcoin can buy. But i wasn't bias on the question because i know that Bitcoin is a digital currency and it can buy things for the country that approve it as a legal tender, and with Bitcoin profit you can buy things for shop's that accepts bitcoin for monetary transaction's. So i want to ask this question generally so that i will have more insight of what bitcoin can buy using Bitcoin without converting to fiat currency before making purchase.

If the seller accepts Bitcoin as a payment method, You can buy anything. But, if the seller doesn't accept bitcoin, You can't buy anything using Bitcoin. There are a lot of famous companies that already accept Bitcoin as a payment method. According to 99bitcoins.com, these companies already accept bitcoin as a payment method.

Wikipedia, Microsoft, AT&T, Burger King, KFC, Overstock, Subway, Twitch, Pizza Hut, Miami Dolphins, Dallas Mavericks, Virgin Galactic, Norwegian Air, Namecheap, Cheap Air, Gyft, New Egg, The Internet Archive, The Pirate Bay, 4Chan, Mega.nz, Express VPN, and AMC. Those are big Companies. Apart from those, there are a lot of other small companies that accept Bitcoin as well.

You can read more from here

Smack That Ace
Legendary
*
Offline Offline

Activity: 1792
Merit: 1094


Assalamu Alekum


View Profile
February 24, 2023, 12:33:30 PM
 #25


That's what i want here, Bitcoin can be use base your agreement with the individual, some countries might not agree to accept Bitcoin as a legal tender but with negotiations you can buy something with Bitcoin. I'm surprised seeing somebody saying that Bitcoin is not a digital currency, and i have seen that it has belong it has being with the forum, i was confused about that.

Bitcoin is a digital currency, an investment, a commodity, or a means of payment... I see bitcoin as a multi-functional tool, what it is depends on how you use it. I remember someone also said bitcoin is not a digital currency, that's not true for you but true for them, because they only see bitcoin as an investment to earn a profit, they don't use bitcoin for payment. Use bitcoin your way, don't be confused just because someone doesn't think like you.

Stedsm
Legendary
*
Offline Offline

Activity: 3052
Merit: 1273



View Profile
February 24, 2023, 12:52:32 PM
 #26

One of the latest articles[1] published by money under 30 shows what you can buy with your BTC in today's world.

You can also use your BTC to top up your mobile, buy some electronic gadgets, games from Steam, PlayStation and more available on Cryptomate[2].

The best part was when I was here sitting in India and was able to pay my BTC for a mobile top up for my friend who is in Dubai ATM. I believe that with time, more and more outlets (even small scale businesses like restaurants and junk food sellers) will start accepting BTC. Some outlets in my city were accepting BTC when it was above $40k (as I approached to them to use this technology and also take advantage of its volatility), but when it crasher under $30k, some have paused and some stopped using BTC completely.

[1] https://www.moneyunder30.com/things-you-can-buy-with-bitcoin
[2] https://cryptomate.com.cn/

██████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
██████████████████████
.SHUFFLE.COM..███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
█████████████████████
████████████████████
██████████████████████
████████████████████
██████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
██████████████████████
██████████████████████
██████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
.
...Next Generation Crypto Casino...
Getmon
Sr. Member
****
Offline Offline

Activity: 1400
Merit: 273



View Profile
February 24, 2023, 01:01:32 PM
 #27

There are numerous shops and businesses that accept bitcoin as a form of payment. For instance, thru Travala.com, you can reserve tickets and accommodations and travel to a variety of stunning locations worldwide. Some fast food branches are also accepting Bitcoin as a form of payment. Some examples include Pizza Hut, KFC, Subway, and Burger King. Additionally, everyone is familiar with billionaire Mark Cuban, a supporter of crypto currencies and owner of the renowned Dallas Mavericks, where superstar Luka Doncic plays. Bitcoin is accepted for payment when you shop online at the Mavericks store.

MEGA

▄████▄ 
████████
▀██████▀
██▀▀▀▀
██▄▄▄▄
▄██████▄
████████
▀████▀
PARI█▀▀▀▀










█▄▄▄▄
██████████▄██▀█▄
████████████ ▀███
███████████ ▀▀▀██    ▄▄███████▄▄
██████████▀████▀   ▄█████▀█▀█████▄
██████████████████████▀▀▀ ▀ ▀▀█████
   ▄▄█████▄▄     ███████  ██   █████
 ▄████▀ ▀████▄   ███████      ▀█████
▄████▀   ▀████▄  ███████  ██▀  █████
█████▄   ▄█████   ████▄▄▄ ▄ ▄▄█████
▀████ ▀▀▀ ████▀    ▀█████▄█▄█████▀
 ▀████▄ ▄████▀███████▀▀███████▀▀
   ▀▀█████▀▀
▀▀▀▀█










▄▄▄▄█
     ▄███▄
     ▀███▀
  ▄▄██▄▄▄█▄
▄██▀▀███████▄
██▀  ███▀▀▄███
██   ██ ██▀▀
     ███▄▄█
    ▄██▀▀██▄
   ███▄▄ ▀██
     ▀▀▀▀ ███
      ▄██▄ ██
      ▀██▀ ▀██
.SPORTS.▄█████████████████▄
██ ▄             ██
██ ▀▀            ██
██               ██
██      ▄█▄      ██
██    ▄█████▄    ██
██   ▀██▀█▀██▀   ██
██      ▄█▄      ██
██               ██
██            ▄▄ ██
██             ▀ ██
▀█████████████████▀
.CASINO.█▀▀▀▀










█▄▄▄▄
▀▀▀▀█










▄▄▄▄█
█████
██
██
██
██
██
██
██
██
██
██
█████
████████████████████████████████████████████████████████████████████████████████████████
.
PLAY NOW
.
████████████████████████████████████████████████████████████████████████████████████████
█████
██
██
██
██
██
██
██
██
██
██
█████
lixer
Hero Member
*****
Offline Offline

Activity: 2520
Merit: 586



View Profile
February 24, 2023, 04:44:22 PM
 #28

Many people are confused of Bitcoin and mostly mother's having double mindset of what bitcoin can buy. But i wasn't bias on the question because i know that Bitcoin is a digital currency and it can buy things for the country that approve it as a legal tender, and with Bitcoin profit you can buy things for shop's that accepts bitcoin for monetary transaction's. So i want to ask this question generally so that i will have more insight of what bitcoin can buy using Bitcoin without converting to fiat currency before making purchase.
Bitcoin is not a hidden thing anymore so anyone must be aware of it already if what is it and what merchants accepts it. For now its adaption might be limited but many of us didn't care at all because we are only using our Bitcoins as an asset for a long term investment. If there are instances that we will buy something we will just convert our BTCs to fiat and buy the item locally or directly.

Maybe the reason why some stores didn't support BTC in their business is that they are scared that it was against the law but there are still a few stories that I read where a customer will ask the owners secretly and they still made the deal possible. We can try the same thing in our local and we might be surprised on how many merchants are willing to accept bitcoin in exchange of their service.

uchegod-21
Hero Member
*****
Offline Offline

Activity: 952
Merit: 608


BTC, a coin of today and tomorrow.


View Profile
February 24, 2023, 08:22:44 PM
 #29

Many people are confused of Bitcoin and mostly mother's having double mindset of what bitcoin can buy. But i wasn't bias on the question because i know that Bitcoin is a digital currency and it can buy things for the country that approve it as a legal tender, and with Bitcoin profit you can buy things for shop's that accepts bitcoin for monetary transaction's. So i want to ask this question generally so that i will have more insight of what bitcoin can buy using Bitcoin without converting to fiat currency before making purchase.

Do you mean what 1 bitcoin can buy for them in their various countries? If so the price of bitcoin is same but differs significantly in different countries according to the value of their fiat currency. In my country Nigeria 1 bitcoin can buy a building in a less developed area because it is about 17 million naira as of today's exchange rate.

R


▀▀▀▀▀▀▀██████▄▄
████████████████
▀▀▀▀█████▀▀▀█████
████████▌███▐████
▄▄▄▄█████▄▄▄█████
████████████████
▄▄▄▄▄▄▄██████▀▀
LLBIT
  CRYPTO   
FUTURES
 1,000x 
LEVERAGE
COMPETITIVE
    FEES    
 INSTANT 
EXECUTION
.
   TRADE NOW   
CryptoBuds
Legendary
*
Offline Offline

Activity: 2086
Merit: 1042


HODL


View Profile
February 24, 2023, 08:52:59 PM
 #30

Many people are confused of Bitcoin and mostly mother's having double mindset of what bitcoin can buy. But i wasn't bias on the question because i know that Bitcoin is a digital currency and it can buy things for the country that approve it as a legal tender, and with Bitcoin profit you can buy things for shop's that accepts bitcoin for monetary transaction's. So i want to ask this question generally so that i will have more insight of what bitcoin can buy using Bitcoin without converting to fiat currency before making purchase.

It's great that you're excited to see people using Bitcoin to buy and sell directly. But we need both Bitcoin and fiat money to run. People have been using fiat money for ages, everyone is more than used to it. So you cannot remove fiat money in one fell swoop.

Moreover, volatility remains the same, to avoid this problem you should always use a stable currency that is backed by fiat currency. Mass adoption of Bitcoin is possible only if a balance between fiat money and Bitcoin can be maintained.

The removal of fiat currency is not the main issue but the vast adoption of Bitcoin is an important issue, and we should focus on it, good thing is many countries have now added Bitcoin as a payment option.

BITCOIN4X
Legendary
*
Offline Offline

Activity: 1988
Merit: 1152



View Profile
February 24, 2023, 09:43:13 PM
 #31

If at the previous ATH 1 bitcoin could almost get the holder to buy the new Civic Type R, today 1 bitcoin is only enough to buy a family class car. For other things, you can buy more stuff with bitcoin according to your means. But I don't think you will spend your bitcoin as long as the price is low enough at the moment. Hold and spend when the bitcoin price is higher in the future, you can buy more stuff later.

It is a good option to spend your fiat savings to invest in bitcoin now instead of spending your bitcoin to buy something. But one can use bitcoin as a means of payment instead of just an investment.

.
.DuelbitsSPORTS.
▄▄▄███████▄▄▄
▄▄█████████████████▄▄
▄██████████████████████▄
██████████████████████████
███████████████████████████
██████████████████████████████
██████████████████████████████
█████████████████████████████
███████████████████████████
█████████████████████████
▀████████████████████████
▀▀███████████████████
██████████████████████████████
██
██
██
██

██
██
██
██

██
██
██
████████▄▄▄▄██▄▄▄██
███▄█▀▄▄▀███▄█████
█████████████▀▀▀██
██▀ ▀██████████████████
███▄███████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
▀█████████████████████▀
▀▀███████████████▀▀
▀▀▀▀█▀▀▀▀
OFFICIAL EUROPEAN
BETTING PARTNER OF
ASTON VILLA FC
██
██
██
██

██
██
██
██

██
██
██
10%   CASHBACK   
          100%   MULTICHARGER   
lalabotax
Full Member
***
Offline Offline

Activity: 1540
Merit: 132


BK8 - Most Trusted Gambling Platform


View Profile
February 24, 2023, 09:57:40 PM
 #32

Many people are confused of Bitcoin and mostly mother's having double mindset of what bitcoin can buy. But i wasn't bias on the question because i know that Bitcoin is a digital currency and it can buy things for the country that approve it as a legal tender, and with Bitcoin profit you can buy things for shop's that accepts bitcoin for monetary transaction's. So i want to ask this question generally so that i will have more insight of what bitcoin can buy using Bitcoin without converting to fiat currency before making purchase.
I am a little bit confused about why they are confused about what Bitcoin can buy. Well, this may relate to how can Bitcoin be used as payment for buying something in certain merchants. Because they know that not all merchants or shops accept Bitcoin as payment. That is why they may feel confused about it. Additionally, many newbies are also confused about how to afford to buy Bitcoin because the price is very high and they don't have enough money to buy. the fact that they still don't know that they can buy Bitcoin not only 1BTC but also several zero points.

_BlackStar
Legendary
*
Offline Offline

Activity: 1092
Merit: 1236



View Profile
February 24, 2023, 10:05:42 PM
 #33

I am litle bit confused of why they are confused about what Bitcoin can buy.
You don't need to feel confused about that, after all bitcoin is not a legal currency in all countries - don't you realize that?

Bitcoin is not only limited to buying something in the form of goods or anything in objects, but basically bitcoin has more uses such as paying salaries and some kind of online service for influencers or whatever. But regulation will only limit its adoption so you can't use it in different countries.

.BEST..CHANGE.███████████████
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
███████████████
..BUY/ SELL CRYPTO..
DoublerHunter
Hero Member
*****
Offline Offline

Activity: 2590
Merit: 644


View Profile
February 24, 2023, 10:40:11 PM
 #34

Many people are confused of Bitcoin and mostly mother's having double mindset of what bitcoin can buy. But i wasn't bias on the question because i know that Bitcoin is a digital currency and it can buy things for the country that approve it as a legal tender, and with Bitcoin profit you can buy things for shop's that accepts bitcoin for monetary transaction's. So i want to ask this question generally so that i will have more insight of what bitcoin can buy using Bitcoin without converting to fiat currency before making purchase.
^ This depends on which country you are in.
But in most countries, BTC is friendly or become legal tender and it is becoming increasingly popular as a payment method for various goods and services. While its adoption is still limited in some parts of the world, there are a growing number of merchants and businesses that accept BTC as payment. There are too many establishments that accept BTC now as a payment, in online shopping, and only merchant stores or even gaming companies such as Zynga and Big Fish Games accept BTC for in-game purchases, which you can use to gamble also. There are too many things that you can do with BTC using it the same as cash.
livingfree
Hero Member
*****
Offline Offline

Activity: 2800
Merit: 578



View Profile
February 24, 2023, 11:42:38 PM
 #35

Many people are confused of Bitcoin and mostly mother's having double mindset of what bitcoin can buy. But i wasn't bias on the question because i know that Bitcoin is a digital currency and it can buy things for the country that approve it as a legal tender, and with Bitcoin profit you can buy things for shop's that accepts bitcoin for monetary transaction's. So i want to ask this question generally so that i will have more insight of what bitcoin can buy using Bitcoin without converting to fiat currency before making purchase.
Even it's not approved as a legal tender, it can buy almost everything as long as the seller agrees to receive payment in bitcoin.

It doesn't have to be complicated at all for someone to see what we can buy with it. It can buy almost everything as long as both party agrees to pay and buy bitcoin.

That's all.

███████████████████████
████████████████████
██████████████████
████████████████████
███▀▀▀█████████████████
███▄▄▄█████████████████
██████████████████████
██████████████████████
███████████████████████
█████████████████████
███████████████████
███████████████
████████████████████████
███████████████████████████
███████████████████████████
███████████████████████████
█████████▀▀██▀██▀▀█████████
█████████████▄█████████████
███████████████████████
████████████████████████
████████████▄█▄█████████
████████▀▀███████████
██████████████████
▀███████████████████▀
▀███████████████▀
█████████████████████████
O F F I C I A L   P A R T N E R S
▬▬▬▬▬▬▬▬▬▬
ASTON VILLA FC
BURNLEY FC
BK8?.
..PLAY NOW..
S A KHAIR
Full Member
***
Offline Offline

Activity: 952
Merit: 108


1xBit recovered their reputation


View Profile
February 25, 2023, 05:18:22 AM
 #36

In many countries, payments for most online businesses are made using bitcoins or other crypto currency. But when it comes to buying things locally from stores or shops, it is not acceptable.

On the other hand, what Bitcoin can buy, depends solely on the price of a country's own currency compared to a dollar.

Bitcoin is money, so you can buy anything you want, you have a lot of bitcoins, you have a lot of money when you have a lot of money, you can even buy happiness. Nowadays, bitcoin is not accepted by governments, but most people know its value, so you can buy anything with bitcoin as long as you can deal with the seller.

Solosanz
Hero Member
*****
Offline Offline

Activity: 812
Merit: 564



View Profile
February 25, 2023, 06:02:59 AM
 #37

That's what i want here, Bitcoin can be use base your agreement with the individual, some countries might not agree to accept Bitcoin as a legal tender but with negotiations you can buy something with Bitcoin. I'm surprised seeing somebody saying that Bitcoin is not a digital currency, and i have seen that it has belong it has being with the forum, i was confused about that.
Do you think every individual is own Bitcoin? do you think every individual is an average citizen, not a police or someone who can report you? when the country doesn't accept Bitcoin to be used as a currency, they're mostly have a laws about it and you can go to jail for such mistake.

Answer me: it's really worth to accept Bitcoin as a currency in your country, but the punishment is a year in jail? I would rather to choose to convert my Bitcoin to fiat, then pay for my groceries rather than risking my life with this stupid mistake.

███████████████████████████
███████▄████████████▄██████
████████▄████████▄████████
███▀█████▀▄███▄▀█████▀███
█████▀█▀▄██▀▀▀██▄▀█▀█████
███████▄███████████▄███████
███████████████████████████
███████▀███████████▀███████
████▄██▄▀██▄▄▄██▀▄██▄████
████▄████▄▀███▀▄████▄████
██▄███▀▀█▀██████▀█▀███▄███
██▀█▀████████████████▀█▀███
███████████████████████████
.
.Duelbits.
▄▄█▄▄░░▄▄█▄▄░░▄▄█▄▄
███░░░░███░░░░███
░░░░░░░░░░░░░
░░░░░░░░░░░░
▀██████████
░░░░░███░░░░
░░░░░███▄█░░░
░░██▌░░███░▀░░██▌
█░██░░███░░░██
█▀▀▀█▌░███░░█▀▀▀█▌
▄█▄░░░██▄███▄█▄░░▄██▄
▄███▄
░░░░▀██▄▀
.
REGIONAL
SPONSOR
███▀██▀███▀█▀▀▀▀██▀▀▀██
██░▀░██░█░███░▀██░███▄█
█▄███▄██▄████▄████▄▄▄██
██▀ ▀███▀▀░▀██▀▀▀██████
███▄███░▄▀██████▀█▀█▀▀█
████▀▀██▄▀█████▄█▀███▄█
███▄▄▄████████▄█▄▀█████
███▀▀▀████████████▄▀███
███▄░▄█▀▀▀██████▀▀▀▄███
███████▄██▄▌████▀▀█████
▀██▄█████▄█▄▄▄██▄████▀
▀▀██████████▄▄███▀▀
▀▀▀▀█▀▀▀▀
.
EUROPEAN
BETTING
PARTNER
ethereumhunter
Hero Member
*****
Offline Offline

Activity: 2898
Merit: 541


Leading Crypto Sports Betting & Casino Platform


View Profile
February 25, 2023, 07:19:25 AM
 #38

In many countries, payments for most online businesses are made using bitcoins or other crypto currency. But when it comes to buying things locally from stores or shops, it is not acceptable.

On the other hand, what Bitcoin can buy, depends solely on the price of a country's own currency compared to a dollar.

Bitcoin is money, so you can buy anything you want, you have a lot of bitcoins, you have a lot of money when you have a lot of money, you can even buy happiness. Nowadays, bitcoin is not accepted by governments, but most people know its value, so you can buy anything with bitcoin as long as you can deal with the seller.
You can buy whatever items you want if a shop near your house accepts payments in bitcoins. But if you don't find them, you still can't use bitcoins to buy those things. For now, it's probably best to sell your bitcoins to fiat money so you can spend it to buy the things you want. It's about whether or not there are shops that accept bitcoins as payment and it's not yet implemented in all countries. And until that time comes, we must be patient in using it as an alternative payment and it is better to keep bitcoin instead of using it as a means of payment to replace fiat money.

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
paid2
Hero Member
*****
Offline Offline

Activity: 700
Merit: 2156


Crypto Swap Exchange


View Profile WWW
February 25, 2023, 07:53:56 AM
 #39

You can buy almost anything with bitcoin, however it is very different in different countries and continents. First of all, where there are bitcoin ATMs, there is a way to exchange BTC for cash and that opens up a lot of possibilities if you "only" have BTC.

I remember a bitcoin maximalist explaining on Reddit that he was harassing all his local merchants to accept BTC as payment. I think that the more developed and rich the country is, the harder it must be to do (I mean, convert his business entourage to bitcoin). Personally, where I live in Eastern Europe, I can pay a lot of things in Bitcoin, but not everything: I can't pay water or gas bills in BTC. The same goes for train tickets, gasoline etc.. However, I can pay for my internet, phone, food and cigarettes directly in Bitcoin. This implies using LN though (especially with the current fees related to those damn NFTs...)

I once read an article where someone said that he paid literally EVERYTHING in bitcoin. He said that whenever he wanted to buy something online, he reloaded his virtual card in BTC and paid with it. He said that this is a way to increase the volume of BTC exchanged but I don't know if this is really positive for the ecosystem, I imagine that the third party that managed the virtual card had to directly exchange BTC for FIAT when he did this. I don't know to what extent this guy was "useful" or not for Bitcoin by doing this

█▀▀▀











█▄▄▄
▀▀▀▀▀▀▀▀▀▀▀
e
▄▄▄▄▄▄▄▄▄▄▄
█████████████
████████████▄███
██▐███████▄█████▀
█████████▄████▀
███▐████▄███▀
████▐██████▀
█████▀█████
███████████▄
████████████▄
██▄█████▀█████▄
▄█████████▀█████▀
███████████▀██▀
████▀█████████
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
c.h.
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
▀▀▀█











▄▄▄█
▄██████▄▄▄
█████████████▄▄
███████████████
███████████████
███████████████
███████████████
███░░█████████
███▌▐█████████
█████████████
███████████▀
██████████▀
████████▀
▀██▀▀
Iranus
Hero Member
*****
Offline Offline

Activity: 1820
Merit: 534


Leading Crypto Sports Betting & Casino Platform


View Profile
February 25, 2023, 08:19:47 AM
 #40

Many people are confused of Bitcoin and mostly mother's having double mindset of what bitcoin can buy. But i wasn't bias on the question because i know that Bitcoin is a digital currency and it can buy things for the country that approve it as a legal tender, and with Bitcoin profit you can buy things for shop's that accepts bitcoin for monetary transaction's. So i want to ask this question generally so that i will have more insight of what bitcoin can buy using Bitcoin without converting to fiat currency before making purchase.
Even it's not approved as a legal tender, it can buy almost everything as long as the seller agrees to receive payment in bitcoin.

It doesn't have to be complicated at all for someone to see what we can buy with it. It can buy almost everything as long as both party agrees to pay and buy bitcoin.

That's all.
As long as we reach an agreement between the seller and the buyer, then we can pay in bitcoin and buy whatever we want. But in case your country bans bitcoin, or it is illegal to use bitcoin as a means of payment, then it is better to convert bitcoin to fiat currency which will be safer. Do not try to risk a deal with the seller because if he accidentally can denounce you, you will be in trouble.
I also have never paid with bitcoin because I want to keep my privacy as well as ensure my safety. I believe it is only a matter of time before governments accept bitcoin, we just have to wait patiently for a while.

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
Pages: « 1 [2] 3 4 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!