First thing I bought using digital assets

BTX
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Published in
1 min readMay 20, 2020

What kinds of products did people purchase with their digital assets such as Bitcoin?
In a recent survey polled over 5,452 users worldwide by Dove Wallet, asking the very first product they bought using digital assets,” 31% of all respondents said “electronic devices or household goods,” while 15% used digital assets to pay for services such as game items, online subscriptions, or digital contents.
Also, making donations or tipping accounted for 11%, and 9% of users said food & beverage purchases, respectively.

Although it is not readily usable as regular payments due to its high volatility and transaction costs issues, survey results strongly indicate that many digital asset users are dedicated to making crypto a real payment method, consider it as a viable alternative to existing payment systems. As introductions of stable coins & solutions to volatility and scalability problems, a digital asset-based environment is expected to grow while various companies and services are looking to attract and expand by introducing digital assets payment options.

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BTX
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Dove Wallet rebranded under the name “BTX”.