What crypto do you use?

[deadoralive636]

I pretty much have exclusively been using Ethereum for the last several months, with regards to cryptocurrencies. I am, however, in the process of creating my own coin.

I exclusively use bitcoin only because LBC and PAX have escrow for it. If they add any other crypto I will use that too.

 

[foleymon]

I take it you don't actually use them on a regular basis.

I use BTC and ETH to pay for some things (depending on where the market is) Usually ETH to buy other ERC20 stuff. Company also accepts crypto as a form of payment.

 

[deadoralive636]

Company also accepts crypto as a form of payment.

This is awesome. Most crypto is useless though.

 

[foleymon]

This is awesome. Most crypto is useless though.

A few years ago so was my btc and eth

 

[thevideoguy]

I accept Bitcoin and Monero as payment for all work where there is a discussion of payment methods. I always bring up the option of the client paying me in crypto before any other method as I prefer to use it. I'm sick of PayPal charge backs, there are no holds on my cryptocurrencies, easy to cash out if I need to (although typically don't).

I'm in a relatively small city where there is actually a couple of places to spend Bitcoin at which are a pizza shop and a cafe. At this time I prefer to pay with card for physical transactions, but crypto for online. I have the feeling that over the next 5 years or so, crypto will be my preferred method of payment for both scenarios, as the tech improves and it's more widely accepted.

 

[PinguSpy]

Bitcoin. I running 2 projects (web application).
And the dev accept BTC.

 

[deadoralive636]

I accept Bitcoin and Monero as payment for all work where there is a discussion of payment methods. I always bring up the option of the client paying me in crypto before any other method as I prefer to use it. I'm sick of PayPal charge backs, there are no holds on my cryptocurrencies, easy to cash out if I need to (although typically don't).

I'm in a relatively small city where there is actually a couple of places to spend Bitcoin at which are a pizza shop and a cafe. At this time I prefer to pay with card for physical transactions, but crypto for online. I have the feeling that over the next 5 years or so, crypto will be my preferred method of payment for both scenarios, as the tech improves and it's more widely accepted.

Solid info here. Paypal paid my bills for so long. It's garbage now because of chargebacks. Some people can make it work. A lot will change with crypto in 5 years. Mass adoption isn't one of them. IT will still be rare to see bitcoin accepted by merchants in the wild. Someday, but not today.

 

[Alexpaberla]

Solid info here. Paypal paid my bills for so long. It's garbage now because of chargebacks. Some people can make it work. A lot will change with crypto in 5 years. Mass adoption isn't one of them. IT will still be rare to see bitcoin accepted by merchants in the wild. Someday, but not today.

In my country (East-Europe) i can pay all my bills using Bitcoin, i can pay my fly ticket using bitcoin, i already pay my webhost + domain using bitcoin, i can withdraw my bitcoin using ATMS (5-7% Fees) but i can do that.

In United Kingdom is the same you can do everything with bitcoin everyone accept bitcoin as a payment method and i see some merchants from Alibaba accept bitcoin (I dont try, too risky)

P.S in United Kingdom Escorts and some Erotic Massage accept bitcoin (i dont try it but i will do for sure )

 

[deadoralive636]

In my country (East-Europe) i can pay all my bills using Bitcoin, i can pay my fly ticket using bitcoin, i already pay my webhost + domain using bitcoin, i can withdraw my bitcoin using ATMS (5-7% Fees) but i can do that.

In United Kingdom is the same you can do everything with bitcoin everyone accept bitcoin as a payment method and i see some merchants from Alibaba accept bitcoin (I dont try, too risky)

P.S in United Kingdom Escorts and some Erotic Massage accept bitcoin (i dont try it but i will do for sure )

Thanks for the input. For the most of the world crypto isn't accepted. Also, for those wondering, using your bitpay card to buy things isn't buying things with crypto. It's selling your bitcoin to bitpay and they pay the merchant with fiat. Glad to hear it though. The more adoption the better for everybody.

 

[Toz]

Solid info here. Paypal paid my bills for so long. It's garbage now because of chargebacks. Some people can make it work. A lot will change with crypto in 5 years. Mass adoption isn't one of them. IT will still be rare to see bitcoin accepted by merchants in the wild. Someday, but not today.

Don't be so sure. A lot can happen in 5 years.

 

[deadoralive636]

Don't be so sure. A lot can happen in 5 years.

In compared to what is going to happen in the next 100 years. It's not much. I have high hopes though.

 

[Toz]

In compared to what is going to happen in the next 100 years. It's not much. I have high hopes though.

Well of course. That's like me saying 100 years is not much when compared to what will happen in 500 years. It pretty much goes without saying. In a 5 year span (from 1993 to 1998), we went from having a grand total of 600 websites on the internet to having 1,117,255 websites on the internet (one of which, was Google). That is exponential growth. In a 5 year span, we saw the birth of Napster, the dotcom bubble burst, the death of Napster, and the creation of Wordpress. In a 5 year span, we saw the birth of Wordpress (as previously mentioned), the birth of Facebook, the birth of Youtube, the birth of Twitter, and the release of the first iPhone. In 2008, there were no Bitcoin. 5 years later, 1 BTC cost more than $1,000.

I guess what I'm saying is to not discount the power of a 5-year timespan.

 

[deadoralive636]

Well of course. That's like me saying 100 years is not much when compared to what will happen in 500 years. It pretty much goes without saying. In a 5 year span (from 1993 to 1998), we went from having a grand total of 600 websites on the internet to having 1,117,255 websites on the internet (one of which, was Google). That is exponential growth. In a 5 year span, we saw the birth of Napster, the dotcom bubble burst, the death of Napster, and the creation of Wordpress. In a 5 year span, we saw the birth of Wordpress (as previously mentioned), the birth of Facebook, the birth of Youtube, the birth of Twitter, and the release of the first iPhone. In 2008, there were no Bitcoin. 5 years later, 1 BTC cost more than $1,000.

I guess what I'm saying is to not discount the power of a 5-year timespan.

Everything you say is something I agree with, however, mass adoption as I stated previously won't be something that will happen in 5 years. Imho of course.

 

[whiteBLUNTZ]

I use ETH all the time. I love paying for things in crypto.

 

[cyberjix]

I use Monero!

 

[deadoralive636]

I use ETH all the time.

For what? You pay rent in ETH? When you buy subway do you pay with eth? How about renewing your DL, do you use ETH for that? That is why it's useless. Saying you use it all the time, but it represents less than 5% of your spending doesn't really mean you use it a lot. We are a ways away from that being a possibility.

 

[artur core]

Using GinCoin cause the Utility usecase is something i personal prefer and Syscoin with a focus on ecommerce.

 

[Bots-Scrapers]

I use silver coins or copper coins.

 

[artur core]

I use silver coins or copper coins.

For what do you use them? Trading with ancient tribes in brazil ?

 

[mickyfu]

There is actually a Bitcoin bar where I live. They take Bitcoin, Monero, and a few others. I went in and ordered a pint and he said great, come back next week when we have processed your transaction.