Paywithsteem.com update 2. I bought an amazon giftcard and an item off of my (wife's) amazon wishlist.

in #paywithsteem6 years ago

Ok, so, waggro is still in effect here. I have to show my spouse that I can turn virtual crypto currency into real life goods to help satiate the concern that crypto isn't real. Now some of you hard core crypto hounds might be a little triggered by that. I'm of the opinion that government fiat isn't real. They can print as much as they want whenever they want. It's backed by violence and a system designed to steal wealth from the poor to deliver to the rich. So, I think the onus is on fiat to show that it's a real currency rather than a giant scam, but that's a tough economic discussion to have with muh wife. So... paywithsteem it is!

To that end I bought a pair of earbuds from paywithsteem not that long ago. That was a good experience, but the website that they built is a selling a bunch of stuff that I can't really make long term plans off of. It's watches and hoodies and keyboards. It's going to take 2 weeks for my earbuds to get here. I want something a little more immediate. So, I complained raised my concern that we need something a little more immediate.

He told me to put together a wish list of stuff that I would want to see sold on the storefront. He came back and said "All this stuff is just from Amazon? Let's do a wishlist." I created a short wishlist comprised of Puffs Plus moisturized facial tissues and a $50 Amazon gift card.

Since the script isn't ready we figured out the cost of tissues and giftcards and priced it in steem. He did a 15% markup (roughly half of this is in btc fees). Shipping was free as he currently has amazon prime. I manually sent him a steem transfer and he then purchased puffs plus moisturized facial tissues and the gift card. He showed me a note from Amazon showing that it had been ordered and a order number. I then received the egift card a few minutes later.

I guess I'm back to say I continue to like this service. My wife has already applied the Amazon giftcard to her account. My next plan is to wait a bit for the price of steem to go up and then use some of my liquid steem to purchase more giftcards and let steem pay for some of our household expenses.

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Good Stuff.. hubby was a convert early on after I presented him with a PS4 and VR set paid for with some steem (converted to btc) plus btc on my coinjar atm card. When steem goes up I'll use Livingroom of Satoshi to pay bills

Wow awesome ill try it when i get home

ok so this is amazing, this is the kind of thing I need to help me sell this steemit idea to my friends, I am having a hard time and, I do not want my spill to sounds like a get rich scheme. If I can show my friends there is physical reward . Anyways I am rambling (see the problem I have) thanks again for showing this off and as soon as I make a little more steem or sbd I will try the service out.
Thanks again!!!!!!

Sounds like a great way to prove it is real. :)

Thanks for the update...,i like this idea.....gonna need to check it out further

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Keeping in mind how high the BTC fees are getting, does it really make sense for it to remain the gold standard of crypto in the long run? STEEM certainly has a few serious advantages over BTC as far as commerce goes - no fees, instant transactions and a more stable liquid version pegged to the most popular fiat currency. The huge thing that it's missing is a way to spend it more effortlessly. Sites like this are something that should exists, but what really needs to start happening is for larger merchants starting to accept crypto, preferably not just BTC.

100%

nice! there is "trust" in steem... that is what makes its value

PayWithSteem? What is this? I just noticed this post and am going to investigate.

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