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How do you use your coins?

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With the world becoming more and more crypto focused and things line crypto cards coming out or places of business accepting cryptocurrency as payment i have to ask how many of you actually participate? Is the world of cryptocurrency still dominated by the transactions that are performed in the safety of shadow. Is this slowly becoming the minority of crypto transaction or will it ever? I know the only thing that i've ever done or seen done with a crypto is gambling and illegal purchases. Its the foundation of bitcoin for sure. Without a world that needed safety in illegal purchases there would not be a need for cryptocurrency. Its become more than that like it was intended to be but the facts is the facts. Illegal enterprise created the value of cryptocurrency. 

BUT! now that the times are charging has anyone bought their morning coffee with a crypto? paid for a taxi with a crypto? Anything?

I do believe decentralized monetary systems are tomorrow's reality and i cant wait for it to happen. I can only hope it happens in my lifetime. 

 

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crypto currencies are not regular yet, sadly i cant cash them out or exchange them, or even to spend them ,,, so i always keep them in wallet, and for the long run i play and i lose all i have ... lol

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I have been almost using my coins just for paying some bills and some other stuff that i just won't mention on a public forum :)

As we are talking about a private currency so that's my take on this.

Overall i would use for several other stuff such as gambling if it was possible at real life casinos and buying something in real life as payment method.

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Well with spare coins like Bitcoin or any other coins that are accepted I tend to spend them until either I win enough to convert them to my specific coin: Litecoin.

I have a current investment account somewhere else which has over 12 Litecoins right now, this is something I been working on since the start of this new year. I'm trying to aim for bigger amounts as the more I accumulate, the more bankroll I have when players gamble themselves against a casino I will not announce :)

 

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On 12/01/2020 at 23:44, DarkBlood096 said:

Well with spare coins like Bitcoin or any other coins that are accepted I tend to spend them until either I win enough to convert them to my specific coin: Litecoin.

I have a current investment account somewhere else which has over 12 Litecoins right now, this is something I been working on since the start of this new year. I'm trying to aim for bigger amounts as the more I accumulate, the more bankroll I have when players gamble themselves against a casino I will not announce :)

 

Maybe you should diversify your coins instead using only Litecoin if you are not using mostly other currencies ofc.

As for instance you could use BTC, ETH, DOGE, XRP for gambling and then exchange to Litecoin ;) 

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