Stripe to Enable Millions of Merchants to Get Paid in Bitcoin

johnarb said:
I guess you did not like my answer so you replied to someone else
  • Being able to spend bitcoin is an option and not forced on anyone
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No, I've read your post. My point wasn't about investing in BTC but rather the convenience of using crypto to buy mundane things like burgers. I just find it more expedient to just whip out my credit card than to go through all the fuss of setting up a crypto wallet (along with having to worry whether it might get hacked).

johnarb said:
Using a credit card drives my OCD to a high level, having to wait for the charge to show up and having to pay the balance several times a month so it's $0 balance for a few days unitl another charge shows up
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You must be using a crappy CC. As already mentioned previously, you only need to pay once a month. Also if you sign up for instant notification, you will get a text message after every transaction. Now compare that to setting up a crypto wallet.
 
ph1l said:
You can pay credit cards once per month.
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Yes, but my OCD doesn't like the fact that there's a balance on the credit card, so I pay to make the balance $0 whenever I login to the online portal of the CC

But I have recurring charges like USCCA or utilities that put a balance...

I used to be deep in debt many credit cards maxed out so prefer not to owe anymore as much as I can help it
 
schizo said:
No, I've read your post. My point wasn't about investing in BTC but rather the convenience of using crypto to buy mundane things like burgers. I just find it more expedient to just whip out my credit card than to go through all the fuss of setting up a crypto wallet (along with having to worry whether it might get hacked).


You must be using a crappy CC. As already mentioned previously, you only need to pay once a month. Also if you sign up for instant notification, you will get a text message after every transaction. Now compare that to setting up a crypto wallet.
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OCD on the CC, see my reply to other poster

Ok, we're clear now, you're criticizing a bonus feature that is available to people who invested in bitcoins (cryptos)

Most bitcoin investors would not use the feature but the adoption from all these merchants makes it very convenient for the rest of us who might want to take advantage of it
 
JackMorgan said:
When I buy something its with good old fiat, already taxed to death.

When you buy something with bitcon, you pay twice as much for it as your cost basis is only $100, you were early right . And you never bought any con after the first 50,000 block .
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Dude you're either trolling or you have me confused with someone else

I started buying BTC in 2013 at $100 and maxed out all my credit cards by 2014 when BTC was at the top $1200 and then crashed into a bear market for over 2 years

Every time I had spare cash, I was buying 2014-2016 until the bull market of 2017 at around $1,100 last buy and enjoyed that bull market until it crashed

I have buys of BTC from last year at $46K

tl;dr

ok, boomer, keep trolling
 
schizo said:
Now compare that to setting up a crypto wallet.
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oh dude, you have no idea what you're talking about...

crypto wallet is installing a small app, no signups, no email, no phone number, no name, no ssn, no mailing address, no bday, zip, nada
 
johnarb said:
It's a PayPal issue

PayPal has not enabled cryptos withdrawal to outside wallets, yet. Robinhood may have already enabled it

Anyway, PayPal is great if you link it to a Coinbase account. You can transfer up to $15K instantly anytime or day

One time I was at a casino around midnight, transferred $ from Coinbase to PayPal and within 1 second of hitting send, it was in my PayPal account and used my PayPal ATM card to withdraw $ from the ATM
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I'm gonna try that, thanks for the heads up .......
 
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