Post
Topic
Board Altcoin Discussion
Re: when cryptocurrencies can be used to buy basic needs?
by
Diego_Davis
on 05/08/2018, 15:44:10 UTC
A lot of projects are going on blockchain and new cryptocurrencies are being launched day by day but when can we actually see  them floating in real market for real use cases like buying a cigarette or bread? is it possible?
I think we are just one company away from that. If a company that starts some cards like psn store cards or itunes cards that is tied to bitcoin but in fiat currency than we will have huge ways to actually buy $5 worth of bitcoin from some card in some grocery store anywhere around the globe. Those companies can charge some commissions from the sales and in the end it will come as a really expensive way to buy bitcoin because of all the costs involved however look at the ease of buying bitcoin which will be basically selling EVERYWHERE in the world as easy as giving 5 dollars and getting 5 dollar worth of bitcoin. As soon as a company does that, you are looking at a mass adoption.
Um, there appears to be multiple options for that in the US, at least. A quick Google search will bring them up. I don't want to advertise any particular site, but here's a list of 7 that apparently sell gift cards: https://www.ccn.com/7-places-buy-gift-cards-bitcoin/. This is definitely a nice option for purchasing things almost directly with bitcoins. It's definitely not the most convenient thing, but a step in the right direction.