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Groceries I don't buy with BTC, because it is not possible. But basically all household items, thanks to several big online retailers accepting BTC in my countr
by joyfylbanana 4y ago
Groceries I don't buy with BTC, because it is not possible. But basically all household items, thanks to several big online retailers accepting BTC in my country. Also all travel related stuff, hotels, flights, etc.
I very rarely use BTC in brick-n-mortar setups, in the last year once in a restaurant where I had a bigger bill and they had recently started accepting it - went actually very fluently.
It is not really that much different lifestyle to any normal life, I just pay with BTC where it works. And these days it works very fluently in online setups in my experience.
- 9935c101ab17a66 4y agoThe lifestyles not that different, except the relative value of the currency you use on apparently a daily basis has dropped 52% this year? Do you hold bitcoin, or just convert whatever your employer pays you in fiat into btc every two weeks? With a limited number of potential retailers, how do you comparison shop? How do retailers handle pricing and the volatility of bitcoin? I just don't see how this is at all possible. Like, who are you paying bitcoin to for flights?
- behnamoh 4y agoBut what are the advantages of BTC in these cases? Transaction fees + Processing Times are so high that make it uninteresting for many people. It feels like translating the real value of something (say $5) to something else (e.g., 0.01 BTC) with every purchase. It's just overhead at this point.