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Cryptocurrencies
#23
(01-09-2018, 06:01 AM)rayray Wrote: Are any of you guys actively using cryptocurrencies in daily life? To buy gas? Groceries? A cup of coffee? To pay rent or your mortgage?

I personally don't use it yet. It's possible though. I've seen online services (like.. I bought a subscription for a VPN two days ago and they accepted bitcoin as a payment), I've seen grocery stores and cafes/bars in that accept it. You'd be surprised at the amount of places where you can pay with it nowadays. So out of the things you've listed... haven't seen a gas station that accepts it (though I wouldn't be surprised if one exists) but yes the rest you can do with it. Funny thing is, I can't do all of those in my city but I can do all of that within 200km. However I'll probably have to travel thousands of kilometers to find the first place that accepts dollars. Wink

And just to be precise, those places only accept bitcoin, haven't seen any other cryptos being accepted. But as I said earlier, I don't view them (at least not bitcoin) as something that could replace our whole finance system in my lifetime. But to replace small parts of it... sure.

You have to remember that this is a whole new thing. Bitcoin has been around for less than 10 years, other cryptos for much shorter time. Fiat money has been used for over a thousand years. Now I'm not saying that we will switch from Fiat to cryptos... but I'm saying that at in the past we have switched from the exchange of goods to using precious metals and then again from those precious metals to a piece of paper with a number on it.
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Messages In This Thread
Cryptocurrencies - by crimsonghost747 - 01-05-2018, 10:29 PM
RE: Cryptocurrencies - by crimsonghost747 - 01-06-2018, 01:51 AM
RE: Cryptocurrencies - by jdiv - 01-06-2018, 04:31 AM
RE: Cryptocurrencies - by Kerim - 01-06-2018, 09:36 AM
RE: Cryptocurrencies - by Roadmap2Retire - 01-06-2018, 12:02 PM
RE: Cryptocurrencies - by Roadmap2Retire - 01-06-2018, 12:06 PM
RE: Cryptocurrencies - by crimsonghost747 - 01-06-2018, 06:09 PM
RE: Cryptocurrencies - by crimsonghost747 - 01-06-2018, 06:20 PM
RE: Cryptocurrencies - by Roadmap2Retire - 01-07-2018, 10:53 AM
RE: Cryptocurrencies - by crimsonghost747 - 01-07-2018, 01:49 PM
RE: Cryptocurrencies - by Roadmap2Retire - 01-07-2018, 02:08 PM
RE: Cryptocurrencies - by crimsonghost747 - 01-07-2018, 02:49 PM
RE: Cryptocurrencies - by rayray - 01-08-2018, 06:52 AM
RE: Cryptocurrencies - by crimsonghost747 - 01-08-2018, 07:14 AM
RE: Cryptocurrencies - by Roadmap2Retire - 01-08-2018, 09:14 AM
RE: Cryptocurrencies - by rayray - 01-08-2018, 09:16 AM
RE: Cryptocurrencies - by crimsonghost747 - 01-08-2018, 11:11 AM
RE: Cryptocurrencies - by Roadmap2Retire - 01-08-2018, 11:38 AM
RE: Cryptocurrencies - by rayray - 01-08-2018, 10:09 AM
RE: Cryptocurrencies - by rayray - 01-08-2018, 02:05 PM
RE: Cryptocurrencies - by crimsonghost747 - 01-08-2018, 11:34 PM
RE: Cryptocurrencies - by rayray - 01-09-2018, 06:01 AM
RE: Cryptocurrencies - by crimsonghost747 - 01-09-2018, 07:17 AM
RE: Cryptocurrencies - by crimsonghost747 - 01-09-2018, 07:27 AM
RE: Cryptocurrencies - by rayray - 01-09-2018, 09:02 AM
RE: Cryptocurrencies - by crimsonghost747 - 01-09-2018, 09:59 AM
RE: Cryptocurrencies - by Roadmap2Retire - 01-09-2018, 01:03 PM
RE: Cryptocurrencies - by rayray - 01-09-2018, 03:25 PM
RE: Cryptocurrencies - by crimsonghost747 - 01-14-2018, 01:53 AM
RE: Cryptocurrencies - by rayray - 01-14-2018, 11:41 AM
RE: Cryptocurrencies - by crimsonghost747 - 01-14-2018, 01:46 PM
RE: Cryptocurrencies - by rayray - 01-15-2018, 11:51 AM
RE: Cryptocurrencies - by Roadmap2Retire - 01-15-2018, 11:59 AM
RE: Cryptocurrencies - by rayray - 01-15-2018, 06:21 PM
RE: Cryptocurrencies - by rayray - 01-16-2018, 09:01 AM
RE: Cryptocurrencies - by Kerim - 01-16-2018, 09:23 AM
RE: Cryptocurrencies - by rayray - 01-16-2018, 11:04 PM
RE: Cryptocurrencies - by Roadmap2Retire - 01-18-2018, 01:02 PM
RE: Cryptocurrencies - by Roadmap2Retire - 01-18-2018, 02:03 PM



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