Comment · Fri, January 5, 2018 · Ceretropic & Nootropics Depot
Get Ethereum and start buying Nootropics with it
Original post in this thread
dihard · 1 points
Last month I made this post about the benefits of buying with bitcoin for yourself and the nootropics community. When I wrote the post bitcoin was getting kind of crazy with transaction fees/times and many people mentioned that in the comments and as we all know it blew up later in the month.
This post is an update on the basic buying procedure with Ethereum instead of Bitcoin. Ethereum has maintained reasonable transaction times/fees and is usually accepted by vendors along with bitcoin (my fee today was around 30 cents). Like bitcoin it didn't take long at all to figure out how to use it.
* Create an account at [Coinbase](coinbase.com) where you purchase bitcoins via credit card or bank account
* Move those coins to a wallet
* Blockchain.info or MyEtherWallet (online) (I found myetherwallet a bit more complicated) or Jaxx or Exodus (offline), (this step is optional but recommended especially for research chemicals)
* Send money from this wallet account to the address provided by the vendor after you checkout
* Your che…
What they were answering
inmy325xi · 1 points
I guess I was thinking out loud here, being able to put information into the blockchain for our purchase history and develop smart contracts to execute certain actions to ping us for another purchase that can already be initiated if we have your coin in the wallet.
But I agree with what was meant by basically staying in a lane and doing what you do best.
u/MisterYouAreSoDumb · Ceretropic & Nootropics Depot
Those types of actions are more easily accomplished with database functions. No need to blend the lines between currency and actionable tasks when you control the whole thing. Smart contracts are better used for things between a bunch of non-related parties, or where immutability is a big factor.