Post
Topic
Board Bitcoin Discussion
Re: Cryptotourism - is it evolving?
by
Yuhee
on 06/10/2017, 08:15:01 UTC
I am not sure if anyone used this term before here, but would like to discuss with you guys, when we have great and working opportunities and abilities to travel and use full services using cryptos and Bitcoin only?
So far we can get services, food, museums, etc. only at specific places and countries. It's impossible to travel using only digital coins probably.

So what are your thoughts and future vision about that?

I think it is not yet possible because of the limitations of the merchants who will accept digital money as payment. Many people or business owners perhaps do not know about digital currencies yet and even if some do, they still hesitate because of the volatility of it making them worry if ever when they accept and they would end up losing because their business is still calculated base on fiat and not in bitcoin. You can travel with digital coins but you need to find someone who can exchange it for fiat in some place so that you can purchase something.

The best idea still would be finding some services in a specific country or region that could convert bitcoin to fiat money. Or before travelling you could just convert the bitcoin into dollar and surely i think all countries has dollar exchange services in some prestigious malls. Possible also that you could you own currency and find if the country supports the kind of currency you have if their is a possible convertion to your currency and the country you would visit.