Buying my first coffee with crypto

achim03 in We Are Alive Tribe • last year

buying my first coffe with crypto.jpg

I have been in crypto since 2014 and so far whatever crypto I earned, I reinvested. The problem however is my dear wife... Whenever I speak about my crypto successes, she says „where is this money?“ and I always have to tell her that the money works much better in the cryptoworld than in a bank account. Well, after so many years, I needed to find a way to actually start using this money in the real world. Mainly to justify the huge amount of time I spend doing my crypto stuff in the eyes of my wife :-)

My friend @ph1102 told me how he had some credit cards that allowed him to use crypto for daily purchases. I found this a very nice solution and I wanted to do the same.

The difficulties of getting a crypto credit card in my country

I live in Switzerland which in a way is very progressive when it comes to crypto. However, Switzerland makes everything in a special way. We are in the middle of Europe but we are not in the European union. This means that there are different rules regarding credit cards and such.

I tried to get a credit card with binance but unfortunately I'm not eligible for one in Switzerland. The next thing I tried was Wirex where they said that it's possible to get a card in my country. I opened an account and tried to ask for a card but the button „ask for card“ simply didn't appear on my app. I contacted support but they couldn't help me...

I also opened an account with crypto.com but I was confused with the fact that I needed to stake quite a significant amount of CRO tokens to get a card. I kind of lost hope for some time.

A couple of weeks ago, I checked crypto.com again and I realised that there are actually quite a lot of different cards to chose from and some don't require any CRO tokens to be staked! I went for this solution and had to go through some verification processes. I could quite quickly get a virtual visa card and order a plastic card.

On Saturday, I finally got this physical card and I just had to verify it in the crytpo.com app. My first trial to purchase something failed because I tried to use it as a contactless card. On the second attempt, I entered the pin code and I could pay the coffee for me and for my wife. My first coffee entirely paid with crypto and of course finally a proof to my wife that this crypto money isn't totally useless :-)

Let's connect ! You can find me on these platforms:

#aliveandthriving #leofinance #tribes #ctp #cent #pimp #proofofbrain #archon

last year in We Are Alive Tribe by achim03

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imfarhad last year

Does crypto.com issue a debit/credit card?
And how do you load crypto on it?

Congrats on your first cup of crypto paid coffee. Now that your wifey knows, you may get a request to get her one too :-)

Posted Using LeoFinance ^Beta

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achim03 last year

Yes, I had downloaded the app some time ago but didn't really use it. It's quite easy actually. You can send the more common crypto coins to the app, swap them there and simply send them to the depit card. It tops up in Euro and I can use that money with the card. It's quite straight forward :-)

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olympicdragon last year

I think it's possible to use a Bitcoin atm. Some actually let you withdraw money. But I haven't tried it yet !

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achim03 last year

With my new visa card I can probably also withdraw cash from ATM's. I need to try that :-)

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mypathtofire last year

My wife is asking me also generally, where is the money? I don't see it. Lol.

I have the cro card but am not so happy with it though. The cro losses are more than enough to wipe out any gain.

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achim03 last year

My wife is asking me also generally, where is the money? I don't see it. Lol.

Same here, they have a way to bring us back to earth lol.

I had to pay 5 Euro to get the card shipped but I didn't need to stake any CRO. Also I will have to pay some comissions if I use it too often. It's the very basic card but I didn't like this CRO staking requirements.

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mypathtofire last year

I hate this Cro staking thing too. Also Binance I think you need to hold their token.

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achim03 last year

People in Switzerland are unfortunatley not elegible for a Binance card...

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ph1102 last year

Nah, on Binance you get some % buyback if you hold tokens... If not, you can use it as any other card... I have tested 3 cards so far, Binance, Wirex, and Tap... Until now, Binance is the best... No commissions, best exchange rates... Simple..

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mypathtofire last year

That sounds good then, I might have to get a binance card.

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amakauz last year

Wow, you really went through a lot to make this crypto get a real product to convince your wife !LOL
Am glad you were able to buy something with crypto to make her believe that this money is actually real. Goodluck with your card too.

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lolzbot last year

I found nasty month-old leftover mac and cheese in the fridge.
It was a case of age-related macaroni degeneration.
_{Credit: reddit}
@achim03, I sent you an $LOLZ on behalf of @amakauz

(1/2)
Use the !LOL or !LOLZ command to share a joke and an $LOLZ

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achim03 last year

Thanks! It felt quite good to pay with crypto earned online :-)

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amakauz last year

Yeah, I can feel the mood you were then.

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relf87 last year

I have been using the crypto.com card for more than 1 year now! Glad they survived the FUD season last year! All's good now. :)

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achim03 last year

Yes I was actually opening an account just before the FUD and I droped everything at the time. It's nice to have such a service :-)

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ijat last year

Great job pleasing your wife. I totally understand.
!PIZZA

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achim03 last year

Well, I was pleased as well. It kind of opens new possibilities...

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vladlau89 last year

Did you have your coffee in Lugano?

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achim03 last year

It was actually in my home town in one of the most popular supermarket chains :-)

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vladlau89 last year

So cool to hear that. Wonderful.

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josediccus last year

Great to see that you could finally prove to your wife that crypto can be used for real world purchases, who knows she might become a believer soon

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achim03 last year

Well, I wouldn't count on that but I can now easier justify the time spent online lol

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josediccus last year

Hahaha that justification would be worth it.

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blitzzzz last year

Haha. Congrats on your crypto fuelled coffee. For myself, I simply tell my wife I'm "playing" with crypto as a hobby. Problem solved. 😜

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achim03 last year

Well, that's a way of turning it as well. The problem is that I can't help to boast sometimes how much things are worth and then I'm burnt lol

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seckorama last year

That's great and congrats! I'm waiting for something like that here. I'm sure it will be soon. 😎👍

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achim03 last year

It's really game changing to be able to link the crypto world with the real one.

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cursephantom last year

Hmmm... Interesting info 🧐 Crypto.com, Ok bookmarked first. I'll try later when I have more tokens first in HIVE. 👍Thanks~

!LOL
!PIZZA

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achim03 last year

Yes before spending the tokens, we first need to earn them :-)

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lolzbot last year

I'm reading a book called Anti-climax.
The first part was good.
_{Credit: reddit}
@achim03, I sent you an $LOLZ on behalf of @cursephantom

(6/8)
Use the !LOL or !LOLZ command to share a joke and an $LOLZ

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dkid14 last year

Oh yeah. Pretty cool you got it. I’ve sent hive for some physical silver in the past. Back in the early days. It been a long time I’ve bough anything other than NFTs with my crypto.

!PIZZA
!CTP

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achim03 last year

It's the same for me. I just reinvest my tokens or buy some NFT. Now it takes a totally new dimension :-)

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jdike last year

was not aware that using crypto was even more a hassle in Switzerland than in Germany. always thought the other way.

but then again Germany is probably a bigger market and thus more interesting for companies to establish commerce

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achim03 last year

You are right. I think for the big companies, the swiss market isn't big enough to deal with all the legal stuff.

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dbooster last year

Whenever I speak about my crypto successes, she says „where is this money?“

🤣

I laugh because I have been in this exact same situation!

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achim03 last year

It's seems this is a kind of standard answer from wives lol

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coquicoin last year

Great! Congratulations on your first coffee paid with crypto. I've had more than one here in Venezuela but paying directly with cryptos. Some places used to accept dash and bitcoin cash but I haven't checked for a long time if they still accept them. But it is also common to find some places that accept Binance pay. Hopefully, someday I will find some that accept Hive and HBD :)

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achim03 last year

It would be great to buy able to pay directly over my keychain app on my phone but we aren't there yet. It's a great step already to be able to link the crypto world with the fiat one over such a card.

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michaelklinejr last year

Have you looked into a vitual card app for your phone like bitpay? I don't know much about it, but I have seen ads for it before. Seems legit.

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achim03 last year

Crypto.com also gives you a virtual one but I rather wanted it to use for debit payments.

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jfang003 last year

I think it's nice to have a card but I don't how much you can trust these services. So I wouldn't put too much in the centralized entity and move crypto there as you need it. Enjoy your coffee.

Posted Using LeoFinance ^Beta

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achim03 last year

I agree with you. I just put what I want to spend on the card. It works pretty well however :-)

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gurseerat last year

Bitrefill is also a good pprion if it works in your are. You can convert the cryoto into gift cards of various online sites (including Amazon).

I was also in similar situation two year ago and to convince my wife I transfer some crypto to Wizare exchange and then sold them for INR and successfully transfer INR in mu bank account.

More intresting thing was that My wife spent all and still not intrested in posting on Hive lol.

!ALIVE
!CTP

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youarealive last year

@achim03! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @gurseerat. _(4/30)

The tip has been paid for by the We Are Alive Tribe through the earnings on @alive.chat, feel free to swing by our daily chat any time you want.

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achim03 last year

haha, well I don't think my wife will post anything anytime soon. She just wants to know why I spend so much time online :-)

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gadrian last year

Glad to see you finally found a solution to your problem. If you haven't staked any CRO yet I would suggest that you don't, or stake the minimum for the next tier. They sliced benefits quite a bit from the time I staked my CRO, so I'm not sure the current benefits are worth the investment, even though you can unstake that CRO after 6 months (but you lose the benefits).

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achim03 last year

I prefer to have to pay some fees for my card rather than to stake these tokens. It seems much more transparent like that. I know what it costs. With staking the costs are there all the same and they are not really visible. I'm happy I found this solution :-)

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gadrian last year (edited)

With staking the costs are there all the same and they are not really visible.

That's true. At first, I think they subsidized costs for their cards program from their huge marketing budget. But for more than a year they started to cut benefits to what is likely a more sustainable level.

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royalevidence last year

I am imagining how the feeling will be

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achim03 last year

Yes it's nice.

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pizzabot last year (edited)

PIZZA! PIZZA! PIZZA!

PIZZA Holders sent $PIZZA tips in this post's comments:
@ijat_(2/5) tipped @achim03 (x1)
cursephantom tipped achim03 (x1)
dkid14 tipped achim03 (x1)

_{Please vote for pizza.witness!}

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poshthreads last year

https://leofinance.io/threads/@magnacarta/re-leothreads-6e2pq
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