Quote from: hangar18 on October 09, 2017, 08:18:00 PM

Quote from: millgates on October 09, 2017, 10:12:57 AM

Quote from: behindcrypto on October 09, 2017, 09:14:45 AM

Standard wire transfers and foreign purchases typically involve fees and exchange costs. Since Bitcoin transactions have no intermediary institutions or government involvement, the costs of transacting are kept very low. This can be a major advantage for travelers. Additionally, any transfer in Bitcoins happens very quickly, eliminating the inconvenience of typical authorization requirements and wait periods.

Yes, bitcoin can makes traveling become more practically and fun. The regulation in my country, any person who carrying cash and / or other payment instrument of $10.000 or above or equivalent in or out of country shall notify customs and excise officials. If I forget I have to pay fine 10 percent of the money that I carrying. If I use bitcoin, I can use it everywhere without any complicated procedure. It's also makes me impress in bitcoin.

Hehe, it means you want to avoit the tax from the government of your country, but I also agree this benefit if we use Bitcoin to travel. Especial, I do not care the situation a crimial rob my wallet when I'm traveling because they can not rob my Bitcoin a normal way Cool

The intention could not have been to avoid tax payment, because we eventually pay tax once you go into real money. The best way to look at this development is make the emergence of bitcoin have empowered people to become their own bank and which they can carry along wherever they go.