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> what they are exchanging it for. I went to a Subway in Allentown and bought subs with bitcoin last week. Scan QR code, send amount with a (in fiat) .5 cents

by zanny 13y ago

> what they are exchanging it for. I went to a Subway in Allentown and bought subs with bitcoin last week. Scan QR code, send amount with a (in fiat) .5 cents confirmation fee to get it accepted quickly, done. No signing paper, no pinning codes, no 5% vendor transaction fees for using a piece of plastic. I've bought humble bundies, reddit gold, wordpress themes, and an sd card from a bitcoin auction site with bitcoin. I regularly tip people on reddit with /u/bitcointip and its simple syntax. I donate to various open source projects in bitcoin because I just copy paste their address and send a few USD worth in seconds.

judk 13y ago
Did the Subway accept BTC directly (or with any BTC opt in on their side), or did you out use a real time currency conversion provider on your side? The explicit fee was 0.5c, but there is also exchange rate to negotiate, right?
stinkytaco 13y ago
This isn't an attack on your response, because yours is a realistic answer to the question. However, I find it difficult to believe these things warrant the massive increase that bitcoin has seen the past few weeks. Open source projects, indie games and one sub shop do not a currency make. That said, I am a believer in bitcoin and hold a few myself. I also exchange it for the things you speak of. But I desperately want to get from auction sites, humble bundles, reddit gold and wordpress themes to groceries, fuel and clothing. Then we might justify this market cap.
- awt 13y ago
  You can buy plane tickets for btc now at cheapair.com
  - stinkytaco 13y ago
    Interesting. Is this site legit? Considering the ridiculous and opaque pricing scheme of airline tickets, I've always looked at sites like Kayak and now cheapair with some skepticism (preferring the old standards of expedia and orbitz). However, there's really no reason to believe that expedia has some magic that cheapair and kayak couldn't also harness.

by zanny 13y ago

judk 13y ago

Did the Subway accept BTC directly (or with any BTC opt in on their side), or did you out use a real time currency conversion provider on your side? The explicit fee was 0.5c, but there is also exchange rate to negotiate, right?

stinkytaco 13y ago

This isn't an attack on your response, because yours is a realistic answer to the question. However, I find it difficult to believe these things warrant the massive increase that bitcoin has seen the past few weeks. Open source projects, indie games and one sub shop do not a currency make. That said, I am a believer in bitcoin and hold a few myself. I also exchange it for the things you speak of. But I desperately want to get from auction sites, humble bundles, reddit gold and wordpress themes to groceries, fuel and clothing. Then we might justify this market cap.

awt 13y ago
You can buy plane tickets for btc now at cheapair.com
- stinkytaco 13y ago
  Interesting. Is this site legit? Considering the ridiculous and opaque pricing scheme of airline tickets, I've always looked at sites like Kayak and now cheapair with some skepticism (preferring the old standards of expedia and orbitz). However, there's really no reason to believe that expedia has some magic that cheapair and kayak couldn't also harness.