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Author Topic: How often do you use cryptocurrency in your everyday life ?  (Read 402 times)
MeGold666 (OP)
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August 23, 2024, 03:34:19 PM
 #1

As in the title: How often do you use cryptocurrency (on chain, non-custodial) for payments.
If not so often or not at all, why do you think it will scale in the future and what will make you use it more often than today.

I am using cryptocurrency at least once a week for various online services, simply because it's more convenient and also more private, cheaper and faster than using regular FIAT options.

Do not advertise gambling, it's a cancer.
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August 23, 2024, 03:44:51 PM
Merited by MeGold666 (1)
 #2

My answer: 0

I never think it will scale, on chain is always expensive because it's offer the highest security. When it comes to a currency, I'm always looking for the cheapest way, so if it's not the cheapest, I will not use it.

Paying using cash cost zero fee, that's what I use in real life.
If I'm looking for privacy, I will go for Monero, but for now I don't need.
If I want to send money across country, I will looking for altcoins instead.

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August 23, 2024, 03:50:41 PM
Merited by MeGold666 (1)
 #3

As in the title: How often do you use cryptocurrency (on chain, non-custodial) for payments.
If not so often or not at all, why do you think it will scale in the future and what will make you use it more often than today.
In my country cryptocurrency Bitcoin is better received than spent. Infact you can't even spend it even if you want to because the government has cracked down on exchanges and banks. Specifically you can't use it for the purchase of goods and payments of services in country. You can however do crossborder payments with it if the merchant has it as a payment option.

Right now we hodl.

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August 23, 2024, 05:30:13 PM
 #4

As in the title: How often do you use cryptocurrency (on chain, non-custodial) for payments.
If not so often or not at all, why do you think it will scale in the future and what will make you use it more often than today.
In my country cryptocurrency Bitcoin is better received than spent. Infact you can't even spend it even if you want to because the government has cracked down on exchanges and banks. Specifically you can't use it for the purchase of goods and payments of services in country. You can however do crossborder payments with it if the merchant has it as a payment option.

Right now we hodl.

I use it every day, and I live in Spain; you just got to find a crypto card provider and then deposit load your card with Bitcoin. You pay everywhere you want, buy things online, connect it to Apple Pay even, and spend it in restaurants, supermarkets, or whatever you need. I have used plasbit euro virtual card for years and I have been practically off the grid since 2020. It's 2024 bro, you can live on Bitcoin and nobody will even know..
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August 23, 2024, 05:40:46 PM
Last edit: August 23, 2024, 05:50:50 PM by MeGold666
 #5

I use it every day, and I live in Spain; you just got to find a crypto card provider and then deposit load your card with Bitcoin. You pay everywhere you want, buy things online, connect it to Apple Pay even, and spend it in restaurants, supermarkets, or whatever you need. I have used plasbit euro virtual card for years and I have been practically off the grid since 2020. It's 2024 bro, you can live on Bitcoin and nobody will even know..

I said: (on chain, non-custodial) - You are NOT using Bitcoin  Wink You think you are off the grid but actually using FIAT like everyone else while paying much more fees in the process  Grin

Do not advertise gambling, it's a cancer.
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August 23, 2024, 05:53:07 PM
Merited by MeGold666 (1)
 #6

As in the title: How often do you use cryptocurrency (on chain, non-custodial) for payments.
If not so often or not at all, why do you think it will scale in the future and what will make you use it more often than today.
Maybe I would have chosen to use bitcoins more if they were sellers around me who receive bitcoins as a means of payment, and then other people who own bitcoins normally using their bitcoins for these payments because environment has a big influence, but that is not what is happening here, and since the normal for people who have bitcoins here is to keep holding for as long as possible, that has been my attitude to my bitcoins, to hold for as long as I can.

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August 23, 2024, 06:17:55 PM
Merited by FatFork (1), MeGold666 (1)
 #7

Every day and have been for 10+ years. It's practical to at least use it partially, but for me personally I get paid mostly in crypto and use it for advertising and other crypto-related purchases.



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August 23, 2024, 06:35:40 PM
 #8

in every day life the answer is... 0.
maybe just a couple of interactions monthly for depositing in a gambling site.
In the past I have used some more since some debit cards were offering good rate for deposits but I am not using since a while due many regulation in EU Sad

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August 23, 2024, 06:44:19 PM
 #9

I use it quite often and the reason for that is because I accept Bitcoin payment in my shop. I don't think there's any week that passes by with me making a sale and receiving payment in either Bitcoin or some other popular coins or in USDT.  Sometimes too, there are usually some online services that requires me to pay in crypto. So, the rate at which I use crypto is always often.

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August 23, 2024, 06:46:05 PM
 #10

Cryptocurrency is quite broad and vague
Are you talking About Bitcoin or Altcoins?
Bitcoin is rarely, I mean rarely used as a means of payment in my country
Despite that I have used it but on very rare occasions.
Not a fan of using my Bitcoin except there's quite a need to.
But I doubt many use Bitcoin on their everyday life payment via a Non custodial wallet due to scalabilty, Fee, and degree of acceptance as a means of payment.


I use it every day, and I live in Spain; you just got to find a crypto card provider and then deposit load your card with Bitcoin. You pay everywhere you want, buy things online, connect it to Apple Pay even, and spend it in restaurants, supermarkets, or whatever you need. I have used plasbit euro virtual card for years and I have been practically off the grid since 2020. It's 2024 bro, you can live on Bitcoin and nobody will even know..

I said: (on chain, non-custodial) - You are NOT using Bitcoin  Wink You think you are off the grid but actually using FIAT like everyone else while paying much more fees in the process  Grin
Okay with this I can tell you mean Bitcoin.
It would be better to use Bitcoin in the topic rather than cryptocurrency and I do agree with your above point.
VendettaBit your information was provided before you started using their service
So definitely still under the radar of the government.

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August 23, 2024, 07:06:01 PM
 #11

I am using cryptocurrency at least once a week for various online services, simply because it's more convenient and also more private, cheaper and faster than using regular FIAT options.

I guess same here too. I use cryptocurrency most of the time on my online services or while trading. Cryptocurrency makes it easier to carry out transactions to sites where I use to pay using fiat and wait for hours to get funded. Now I just deposit my coins(USDT to be precise) on my platforms and it it funded ASAP. I don't use Bitcoins but USDT rather. Bitcoin is much more valuable to me so I prefer the other coins for my transactions.

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MeGold666 (OP)
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August 23, 2024, 07:08:32 PM
 #12

Okay with this I can tell you mean Bitcoin.
It would be better to use Bitcoin in the topic rather than cryptocurrency and I do agree with your above point.
VendettaBit your information was provided before you started using their service
So definitely still under the radar of the government.

I mean any crypto on Layer 1, doesn't matter which one but it needs to be used as it's meant to be - without third-parties, trustless - otherwise we may as well use PayPal or other system.

Do not advertise gambling, it's a cancer.
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August 23, 2024, 07:10:51 PM
 #13

I don't use Bitcoins but USDT rather. Bitcoin is much more valuable to me so I prefer the other coins for my transactions.

Seems like USDT is a trojan horse for CBDC, maybe that's why they made Bitcoin so unusable when they could scale it a lot better on L1 Wink

Central Bank / Private company - doesn't matter, in the end they are the same bankster gangster material  Cheesy

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August 23, 2024, 07:19:37 PM
 #14

I can't recall the last time I used crypto to pay for any service, unless I wanted to transact with a few friends who were no longer in the same country as me. The last time I paid for a service using crypto was for my VPN subscription renewal. 
 
It's hard to find a crypto option for services that I make use of on the country side here; if they were available, I could have preferred to pay for my Netflix subscription, light, and other utility bills using crypto instead of converting to fiat and making my payment anytime I run out of funds in my local bank account.

R


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August 23, 2024, 07:34:17 PM
 #15

Spending BTC in real life will be difficult for a lot of people due to the unavailability of stores and merchants around them that accept BTC or crypto, however, i am sure so many people here use BTC online, either depositing into a gambling casino to play games or as a payment for services hired over the internet, etc. Any service online that adds crypto as an option of payment or to make deposits, i like to go with crypto, and that's usually BTC.

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August 23, 2024, 07:37:54 PM
 #16

As in the title: How often do you use cryptocurrency (on chain, non-custodial) for payments.
If not so often or not at all, why do you think it will scale in the future and what will make you use it more often than today.

I am using cryptocurrency at least once a week for various online services, simply because it's more convenient and also more private, cheaper and faster than using regular FIAT options.
In my country, not every service do accept crypto payment, and I don't mostly use crypto to pay for anything most often, but transactions is been made almost always whenever I need to use fiat because I prefer holding crypto than fiat due to inflation and how our currency value is unstable.

Recently, I do use crypto almost every day in a telegram play to earn game I am into recently, I do use USDT to purchase TON, and then use the turn to pay for something I have to use while playing my game. Apart from that, I do use fiat for almost my local transaction.

R


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LLBITCRYPTO
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August 23, 2024, 07:42:42 PM
 #17

These days I find myself using bitcoin to pay for stuff online at least a couple times a month.  I signed up for some subscriptions that let me pay in crypto and  gotta say, sending payments with just a scan of a QR code makes things real smooth.  Been thinking maybe I should try using it more regularly rather than just credit cards.  I know the price jumps around a lot, so that makes me hesitate some.  But if more folks start actually spending their bitcoin instead of just holding it hoping to get rich, seems like maybe that would help stabilize things.

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August 23, 2024, 07:49:26 PM
 #18

Yo answer this quesito we must look at the aplication for cryptos, in other words look at where we can spend them. sadly we can't use bitcoin or cryptos in our daily life because we only have 2 option, we can use them for gambling or we can use them for trading, but we can't pay a Coffee with them or pay our daily outcomes with cryptos.

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August 23, 2024, 08:23:02 PM
 #19

As in the title: How often do you use cryptocurrency (on chain, non-custodial) for payments.
If not so often or not at all, why do you think it will scale in the future and what will make you use it more often than today.

I am using cryptocurrency at least once a week for various online services, simply because it's more convenient and also more private, cheaper and faster than using regular FIAT options.
I still don't have the chance to use crypto as a daily payment, because in our own area there's still no shops or stores that accept crypto as a payment. Although it's legalized but having it as a legal tender is still too far from reality. But when it comes to gambling, I sometimes  use a small amount of it every time I gamble. However, it's more on buying and saving crypto for me because it's a very valuable investment for me.

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August 23, 2024, 08:33:59 PM
 #20

How often do you use cryptocurrency (on chain, non-custodial) for payments.
For payments alone, I usually use Bitcoin a few times a month to pay for various subscription plans, but with regard to the subject field, it's actually a couple of times a week.

and what will make you use it more often than today.
Probably when more services offer cashback and discounts on cryptocurrency payments Tongue

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