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I bought a bike using ETH today.

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It was bought from a relative so not quite the in store purchase I hope for. But I bought a bike for 0.5ETH. It cost me about £0.20 ($0.35ish) in transaction fees, which on a £600 ($1,000) bike is nothing.

I helped him set up a wallet, scanned the QR code, and sent him the money. It showed as confirmed on his wallet less than 30 seconds later and we were both happy

Honestly, I just wanted to share the story because I used ETH in meatspace for the first time and it made me so happy to finally do

Edit: for those who don't understand why this is a good idea - if you get a profit and want to cash out to buy a bike (yes or a lambo) are you really going to exchange it back to fiat and pay the £600 ($1,000)? Or just pay the 0.5 ETH directly without bank fees and exchange fees

Either way you spent or sold 0.5 ETH today to get a bike. I know I could buy 1,000 bikes in 2024, but I want 1 bike today?

submitted by /u/Captain_Isolation
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