It's a typical Friday night, and my housemates, John, Alex, Sean, and I, are huddled around the living room, discussing the week's events. We're all crypto enthusiasts, with a combined portfolio of around $15,000 worth of various cryptocurrencies. But despite our love for digital assets, we somehow never got to use them in real life.
As college students, we share a lot of expenses, from internet bills to electricity bills to utility bills. Because we can't split these bills individually, we pay them jointly, and of course, most times with one person’s credit card, mostly me. As I have the best credit card limits, I always take care of the joint bills with my housemates refunding me their share; It's a system that has worked well for us, but there's always been one problem - when my housemates had to send me their share of the bills, they had to convert their crypto to fiat, which was sometimes problematic.
Splitting Bills With Cryptocurrency
One day, as we discussed a particularly high phone bill, one of my housemates, John, suggested sending the crypto equivalent of his share directly to my crypto wallet. I was intrigued, and we all agreed to give it a try. From that day on, splitting bills and paying with crypto became the norm for our household.
But as easy as it was to pay with crypto, keeping track of who owed what and sending payment requests could be a bit confusing. For example, Alex could be owing $80 in electricity bills, $30 in internet bills, $40 for other utilities, and maybe a few more bucks in our joint club outings.
So, more than sending each of them my crypto wallet address, I had to outline a breakdown of each person’s bill for accountability's sake. Initially, I sent each person a note along with my crypto wallet address, but along the line, I discovered Cwallet.
Bridging The Gap Between Fiat and Crypto Economy
Initially, I discovered Cwallet as a crypto wallet app that allows easy sending and receiving of crypto assets via social platforms like Telegram and discord; however, upon using the app further, it blew my mind even more.
Cwallet had many tools that facilitated easy utilization of cryptocurrencies in real-life situations, and one such important tool was the Cwallet Request Tool.
The Cwallet request tool simplifies the process of outlining split bills and making payment requests in crypto. With this tool, I can send each of my housemates a payment request highlighting all they have to pay for, and it automatically allows them to pay me with any cryptocurrency of their choice. It's made splitting bills and making payments a breeze, and we've all been thrilled to finally use our crypto in real-life situations.
Creating a request is as simple as remembering your name. All you need to do is sign up on Cwallet, log in to the Web app or mobile app, locate “request” from the available tools, and create a request as shown below.
After creating the request, I just share it with my housemates as appropriate, and they can pay however they like.
A Real-Life Crypto Economy With The Cwallet Request Tool
As crypto enthusiasts, we've always dreamed of living in a world where crypto is widely accepted and used. While we're still some way off from that reality, the Cwallet request tool has allowed us to create our own little crypto economy within our household. We're no longer limited by the inconvenience of crypto and are able to use it in our daily lives just like we would with fiat currency.
Of course, making real-life payments with crypto isn't popular yet, but this small solution has been a game changer for us. We're all crypto enthusiasts, and while we wait for crypto payments to go mainstream, the crypto request button is a great tool to help us split bills and pay in crypto, making us feel like we're living in a crypto economy.
In conclusion, the Cwallet request tool is a game changer for anyone who wants to start using crypto in their daily lives. As a group of college students, we found that splitting bills and making payments with crypto was not only convenient but it also allowed us to experience a real-life crypto economy.
The app made it easy for us to keep track of individual bill payments and also settle debts in just a few clicks. While the use of crypto in daily life is still not mainstream, the Cwallet request button is a great tool for those of us who want to start using crypto in our daily lives today. It's exciting to think about the possibilities of a future where we can use crypto for everything, from buying groceries to paying rent. But in the meantime, the Cwallet request tool is a great way for crypto enthusiasts to start experiencing the convenience and potential of a real crypto economy.