Leo Finance: Spend Some Crypto/Other thoughts

Words
535
Reading
3 min
Listen
Play
5y

Well another week is in the books for 2021. Summer seems like it never wants to end. Frankly I can’t wait for the fall. This heat is beginning to get on my nerves.

So I cashed some of my Leo tokens into real world value. Although I am a long term crypto stacker its also fun to translate into real world value. My method of crypto spend is via through Coinbase and Apple Pay. So seamless and very easy.

Got my coffee today courtesy of Leo token. Although I’m using USDC technically its earned via the HIVE ecosystem. Nothing like the taste of morning coffee earned via blogging. It’s still a bit of getting used to.

Next I’m going to do a little shopping since my wardrobe needs an update. It’s truly an awesome feeling to spend earned crypto. While everyone is spending their fiat from a stupid job I’m spending via a stable coin. All this real world value from the Hive ecosystem.

The funny thing is 9 years ago this would have been a fantasy. Now it has become a reality. Earning and spending crypto is better then investing and waiting. Stacking some and spending some is now becoming routine.

Hopefully as things continue to build out in Leo and other tribes our token dollar value can increase. This will give us more purchasing power. It will also translate into more real world value. What a great time to be alive in the crypto sphere.

It would be nice to have an Apple Pay app for Hive tribes. That way I wouldn’t have to make the many transfers into Coinbase. Maybe in the future we will be able to spend our tokens via Apple Pay. My experience with Apple has been very seamless thus far.

Bitcoin seems to be making another bull run this week. $50,000 seems like the ceiling that will soon be breached. Maybe by Christmas time we will see $100,000. It would be perfect to buy some gifts with my Sats.

Speaking of Bitcoin I’ve been seeing crypto ATM’s in my neck of the woods. Although there weren’t too many people using it this may change in the coming years. It all seems so surreal to witness crypto coming alive.

Soon we may start seeing some major companies issue their own tokens. Maybe some major retailers will realize that crypto can save them from the Amazon onslaught. All it takes is a little imagination and innovation. Or perhaps a defi token at Best Buy/Home depot.

Credit and debt currently run the existing legacy system. Defi and gaming will soon dominate the crypto sphere. Retail may soon find a saving grace. Otherwise it’s chapter 7.

We have barely begun to scratch the surface of tokenization. Sadly, many businesses may not implement the necessary changes to their business model. Like or not crypto will be a necessary trend for all businesses. Those who embrace the changes will find a great amount of abundance.

Well I’m off to spend some of my Leo earnings. As I scan my Apple Pay my thoughts will point towards our Hive community. And the fact that the cashier is unaware that I’m spending crypto…Cheers everyone. :)

Leo Finance: Spend Some Crypto/Other thoughts | Ecency