## Mass adoption of de crypto space seems closer than we potentially all realize, but the one question that always comes up when you talk about bitcoin (because that is what we do with people who are unfamiliar, we take the example that potentially the most people know), people always get scared about actually using such a high volatile asset. I just want to share some examples on where crypto was actually a use instead of regular banking. I am not talking about being the 20 million pizza dude, I am talking about situations where in regular banking payments suck, and crypto didn’t. <br> https://cdn.pixabay.com/photo/2017/12/14/14/23/blockchain-3019120_1280.png ###### [Pixabay](https://pixabay.com/illustrations/blockchain-block-chain-technology-3019120/) <br> # Example 1 #### I used to live on an island where the government is extremely amateuristic, which as a result all other major regulated parties are the same level of amateurism. Salaries get paid late, banks require standing in line for a stupid amount of time and honestly...I wouldn’t be surprised if one day one of the banks would ‘all of a sudden close’, leaving all of your funds into nomansland #### When I was leaving this island I sold some stuff but only last minute before I left. Luckily for me (hence the sarcasm) around that time the banks were still in suck modus after hurricane Irma, and ATMs were often empty and online banking was actually not working. (ow yeah, the civil registry was also hacked around that time, are you feeling the anarchy?) What to do? Internet was working at the time, so I sold my car in crypto, transaction done in 1 block. <br> # Example 2 #### I’ve been gone from this same island a while now. Recently I received a call from a friend over there in need. He has a medical emergency abroad, but his salary was paid late and its the weekend bank and the flight is leaving in 3 hours. Better said..HELP….Sending cash will take days and his flight will be gone then long time, so I send crypto. One block later he is able to book his flight. <br> # Example 3 #### A friend of mine has been trying to sell his car for ages, and finally a serious potential buyer drops by. The buys agrees to buy the car. But it is Friday evening so the banks are closed and there is no way for my friend to check if the transaction actually is sent, or that he is being screwed over. Also paying the car in cash will result that my friend has a large amount of cashmoney in the house over the weekend, which also sucks. They decide to make the transaction in crypto, seeing one block later that this actually went through. <br> https://media.giphy.com/media/8BlnnZm7rAP0QszncX/giphy.gif <br> ## It is easier when we think. Yes banks are getting better and more convenient, but surely not in all countries, especially the ones where the leading forces are not that reliable. I don’t need to convince you guys, you guys are already here, but it is always good to have an example coming to mind when the mass asks again.
post_id | 76,935,042 |
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author | karinxxl |
permlink | real-life-usage-examples-of-crypto-payments |
category | crypto |
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snoopdog | 0 | 774,357,428 | 20% | ||
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msp-lovebot | 0 | 61,518,023,565 | 10% | ||
iamjamie | 0 | 860,960,543 | 100% | ||
drmaizo | 0 | 28,881,263,650 | 100% | ||
lucrative | 0 | 4,008,618,166 | 20% | ||
holisticmom | 0 | 125,891,625 | 6% | ||
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accelerator | 0 | 7,360,733,793 | 0.43% | ||
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revisesociology | 0 | 117,419,587,233 | 30% | ||
silvergoldbotty | 0 | 22,737,678,302 | 1.7% | ||
ecotrain | 0 | 142,595,709,232 | 30% | ||
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karinxxl | 0 | 7,049,359,409 | 20% | ||
senorcoconut | 0 | 6,490,814,859 | 20% | ||
gamezine | 0 | 4,605,102,013 | 1.85% | ||
hungryhustle | 0 | 93,477,104,251 | 90% | ||
crescendoofpeace | 0 | 4,719,752,637 | 25% | ||
r00sj3 | 0 | 44,212,169,277 | 40% | ||
sagescrub | 0 | 11,834,321,992 | 7.5% | ||
sargoon | 0 | 156,335,223 | 1.61% | ||
verhp11 | 0 | 114,416,597 | 1% | ||
thomasrobertgent | 0 | 11,944,660,516 | 100% | ||
vegan.niinja | 0 | 1,980,788,766 | 15% | ||
jagoe | 0 | 9,176,804,592 | 12% | ||
cpt.picard | 0 | 100,935,117 | 15% | ||
sbi2 | 0 | 20,070,631,060 | 0.7% | ||
laurentiu.negrea | 0 | 181,037,553 | 9% | ||
sugandhaseth | 0 | 66,806,024,972 | 100% | ||
steemexperience | 0 | 48,066,786,404 | 5% | ||
artemislives | 0 | 23,425,160,097 | 30% | ||
riverflows | 0 | 2,972,308,393 | 5% | ||
ojap02 | 0 | 117,305,242 | 30% | ||
krisstofer | 0 | 632,090,841 | 9.9% | ||
camillesteemer | 0 | 0 | -100% | ||
daniscib | 0 | 319,853,587 | 6% | ||
blewitt | 0 | 81,865,902,715 | 15% | ||
nabithecat | 0 | 721,375,175 | 100% | ||
bitt.nerd | 0 | 226,804,999 | 100% | ||
weitblicker | 0 | 39,348,582,929 | 50% | ||
presleyhart | 0 | 159,226,953 | 100% | ||
smg | 0 | 40,111,755,244 | 100% | ||
startreat | 0 | 2,159,385,725 | 50% | ||
beaker303 | 0 | 249,839,713 | 50% | ||
karinpics | 0 | 395,678,891 | 100% | ||
porters | 0 | 1,237,476,472 | 7.5% | ||
laissez-faire | 0 | 25,081,761 | 100% | ||
freedomtribe | 0 | 26,089,896,512 | 10% | ||
steem-ua | 0 | 214,266,694,167 | 3.22% | ||
theodosiskatq | 0 | 60,549,540 | 50% | ||
cherrykiss | 0 | 4,742,685,475 | 100% | ||
jackramsey | 0 | 85,848,092 | 0.06% | ||
sidhar | 0 | 7,971,652 | 10% | ||
steelborne | 0 | 2,929,829,191 | 20% | ||
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To listen to the audio version of this article click on the play image. [![](https://s18.postimg.org/51o0kpijd/play200x46.png)](http://ec2-52-72-169-104.compute-1.amazonaws.com/karinxxl__real-life-usage-examples-of-crypto-payments.mp3) Brought to you by [@tts](https://steemit.com/tts/@tts/introduction). If you find it useful please consider upvoting this reply.
post_id | 76,935,578 |
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The ability to freeze value is very necessary in order to take things to the next level. If I sell you my car in Bitcoin, then I want to know when I go to turn it into fiat, or even just spend it on another purchase, that it is worth the same as when you gave it to me. This is the main thing stopping mass adoption, if you are a major retailer like Sony or Nike, a fluctuation of just 0.1% could cost you tens of millions. Slowly, but surely we progress, little by little each day! [*Cg*](https://steemit.com/@cryptogee)
post_id | 76,938,977 |
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author | cryptogee |
permlink | ptly1j |
category | crypto |
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true on this one....until then retailers wont be to happy on using it actually...but what I really DID like here...was the speed of transaction when regular banks are failing.... and that was a win!
post_id | 76,943,931 |
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author | karinxxl |
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category | crypto |
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Congratulations @karinxxl! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) : <table><tr><td><img src="https://steemitimages.com/60x60/http://steemitboard.com/img/notifications/postallweek.png"></td><td>You published a post every day of the week</td></tr> </table> <sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@karinxxl) and compare to others on the [Steem Ranking](https://steemitboard.com/ranking/index.php?name=karinxxl)_</sub> <sub>_If you no longer want to receive notifications, reply to this comment with the word_ `STOP`</sub> To support your work, I also upvoted your post! **Do not miss the last post from @steemitboard:** <table><tr><td><a href="https://steemit.com/steemitboard/@steemitboard/the-steem-community-has-lost-an-epic-member-farewell-woflhart"><img src="https://steemitimages.com/64x128/https://cdn.steemitimages.com/DQmQWnM36SWCPGn98nY83M1ArgweMz5fnovQEp2E4FiDdug/Wolfhart_header.png"></a></td><td><a href="https://steemit.com/steemitboard/@steemitboard/the-steem-community-has-lost-an-epic-member-farewell-woflhart">The Steem community has lost an epic member! Farewell @woflhart!</a></td></tr><tr><td><a href="https://steemit.com/steemtoolbar/@steemitboard/steemtoolbar-update-display-bug-fixed"><img src="https://steemitimages.com/64x128/http://i.cubeupload.com/7CiQEO.png"></a></td><td><a href="https://steemit.com/steemtoolbar/@steemitboard/steemtoolbar-update-display-bug-fixed">SteemitBoard - Witness Update</a></td></tr><tr><td><a href="https://steemit.com/steem/@steemitboard/do-not-miss-the-coming-rocky-mountain-steem-meetup-and-get-a-new-community-badge"><img src="https://steemitimages.com/64x128/https://cdn.steemitimages.com/DQmUphCGZFWgt6bJ1XTtunV7esnwy6bxnGqcLcHAV3NEqnQ/meetup-rocky-mountain.png"></a></td><td><a href="https://steemit.com/steem/@steemitboard/do-not-miss-the-coming-rocky-mountain-steem-meetup-and-get-a-new-community-badge">Do not miss the coming Rocky Mountain Steem Meetup and get a new community badge!</a></td></tr></table> ###### [Vote for @Steemitboard as a witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1) to get one more award and increased upvotes!
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author | steemitboard |
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#### Hi @karinxxl! Your post was upvoted by @steem-ua, new Steem dApp, using UserAuthority for algorithmic post curation! Your **UA** account score is currently 4.589 which ranks you at **#1782** across all Steem accounts. Your rank has improved 22 places in the last three days (old rank 1804). In our last Algorithmic Curation Round, consisting of 179 contributions, your post is ranked at **#44**. ##### Evaluation of your UA score: * Some people are already following you, keep going! * The readers appreciate your great work! * Good user engagement! **Feel free to join our [@steem-ua Discord server](https://discord.gg/KpBNYGz)**
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permlink | re-real-life-usage-examples-of-crypto-payments-20190625t043837z |
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