Paying some food and coffee with USDT in venezuela \ stacker news ~food

Paying some food and coffee with USDT in venezuela

450 sats \ 15 comments \ @Malos10_ 18 Mar food

I went to a place looking for pay with btc but I ended paying with usdt

This is a store where they sell food and have different pay methods

You can pay here with cash, card, zelle , Colombian pesos and USDT trought binance.

I was needing coffee so I went there to buy some things, coffee = 1.93$ the small bag

I also bought a couple other things and payed with USDT, here is the capture of the payment trought binance

The purchase went successfully and I got home with this items:

They even gave me a receipt, noted in BS (Venezuela currency) 1$ = 36.33 bs

view all related items

10 sats \ 1 reply \ @TheBTCManual 18 Mar

Actually crazy to see binance as payment method, ive yet to see that rolled out on our side, I wonder how many people are using them as their banking app

0 sats \ 0 replies \ @Malos10_ OP 18 Mar

Many many people!

0 sats \ 0 replies \ @nando 12 May

Great!

0 sats \ 1 reply \ @kingzing131 18 Mar

This is why I have ways argued medium of exchange don't matter, once the market cap is large enough.

It's all about what they are willing to accept.

Shame they don't accept Bitcoin though, not quite there yet I guess.

0 sats \ 0 replies \ @Malos10_ OP 18 Mar

Yes it is a shame but i will find shops that can accept it!!

0 sats \ 1 reply \ @thorm 18 Mar

seems like future. would be nice to be able to pay just through lightning wallet. its much more diverse.

0 sats \ 0 replies \ @Malos10_ OP 18 Mar

i'm on the search to find shops that accepts btc

0 sats \ 1 reply \ @oliverweiss 18 Mar

As I see you had some USDT available. Is it common and somewhat generally accepted? Could you compare this to Bitcoin as a payment option? In this particular shop it is clearly 1:0 for USDT.

0 sats \ 0 replies \ @Malos10_ OP 18 Mar

As I see you had some USDT available. Is it common and somewhat generally accepted?

Yes, USDT here is really common and generally accepted i've seen many shops accepting usdt so yes i can compare it to Bitcoin as a payment option.

i can hold my btc and only sell the little amount i need for the payment and that's exactly what i did here

0 sats \ 1 reply \ @Zenul_Abidin 18 Mar

This is the perfect use case for Lightning Network. Well as long as you do it through an app that is, not DIY Lightning nodes.

0 sats \ 0 replies \ @Malos10_ OP 18 Mar

People here still need more education tought

0 sats \ 1 reply \ @030e0dca83 18 Mar

You got a lot of foods for five bucks. I'm not sure I get the same amount in my country Local currencies die and price of food is skyrocketing