WEIRD Things You Can Buy With Crypto



What you can buy with crypto. Where to use cryptocurrency.
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Now I realize that videos like this one kind of add to the relative obscurity that’s thrown at crypto as an industry…

But The reality I want to point out is that spending crypto legitimizes it.
Even just a little bit. It’s not surprising that the first ways to spend your crypto are a bit fringe.. Like Somalian Goats.

The real issues are taxes and volatility. Using crypto as payment is a taxable event and it’s not ideal to buy something with an asset that could be worth 10% more or less tomorrow.

Because of this we will likely see an increase in the use of Stablecoins as a medium of exchange and existing services that allow you to pay with crypto anywhere through cash conversions, but until then we’ll just be buying weird things with cryptocurrency.

What you can buy with crypto
How to use crypto
Where you can use crypto
Weird things to buy with crypto
Buying crypto

Timestamps:
Intro
0:26 Crypto Payed Death
1:05 BitGold
2:16 Boujee Armor
3:04 Crypto Goats
4:19 Crypto Goats Go Boom
4:59 Scary Plant
5:07 Spicy Crypto
5:18 Crypto Island
7:02 Important Points

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*I am not a financial advisor. This is not financial advice*

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  1. Peace Inu would probably be your best investment right now. The team is so chill, and the marketing is going extremely nice. They got connections to the biggest people.

  2. do you have a video that explains the ins and outs of making purchases? Like how fees are removed from your wallet in the form of crypto and/or fiat value as well as how your holdings are reduced as making a purchase on the Ethereum blockchain costs you ETH + whaterver crypto is being used to make the purchase of the item? This is the fuzzy gray area of crypto transactions that I am just now seeing and the thought of having to track this for taxes is enough to be stressful.

  3. Hey, you should check out the new DUNKs NFT metaverse, the team seems to be doing a lot of marketing now and they seem to be doing what they say they will do…

  4. DUNKs would probably be your best investment right now. The team is so chill, and the marketing is going to extremely nice. They got connections to the biggest people.

  5. Hi mate can you please review and share your thoughts with us on crypto daos and forks? In particular Fino Dao which just launched and have very high, almost incredible APY, thanks.🙏

  6. Lolz the goat thing reminds me of a crowdfunding website for rice farmers in my country. I have been investing in it for maybe 3 years now. Unfortunately they only accept local currency in fiat via local bank deposits. So its going to be hard to invest if you dont live in my country the Philippines. Returns are modest. Around 3.5% per rice planting season, maybe 2x a year. If the farm gets hit by disease or storms the insurance kicks in and you get paid next harvest, becoming 1 year instead of 6months

  7. hmm! i like rocks 🙂 theres a place in alaska called gold falls.. i told the people of that youtube channel to throw back in the river and proclaim "thats not cyrpto"

  8. Hey Max, I know it is a long shot, but I was wondering if you could check out Sheesha Finance? It's a solid DeFi platform with a legit public team and some great developing partners. Would love to hear what you have to say!

  9. Once day we will be able to buy everything with crypto! I think you will like the ICICB blockchain. They got an amazing ecosystem and there's alot of profit to be made im sure you will like it

  10. Doesn't have to do too much with the video but, I wanted to hear your opinion on this.

    Let's say you make 10k profit on an altcoin via uniswap. To sell on uniswap usually u swap the altcoin for ETH (paying a gas fee) and then you send that ETH to your wallet to sell it for USD. So would you be taxed on both the swap of the altcoin into ETH and the sale of the ETH?

    And if there is a double tax here is there a way to avoid it. Thank you! (Would it avoid the double tax by converting into USDT or USD Coin possibly instead of ETH?)

  11. I worked at a company Laszlo worked at in Florida and got a chance to meet him in person. Very interesting guy. Can't say I wouldn't have done the same thing he did lol

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