Post
Topic
Board Bitcoin Discussion
Re: Cryptotourism - is it evolving?
by
glaciercapital
on 25/02/2018, 01:53:48 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?

It depends on the definition of cryptotourism. If it includes using third party services like Xapo or Bitpay, as well as exchanging Bitcoin on local exchanges or via other means, than it's not hard and close to traveling with only your credit card and no cash. However, if cryptotourism means only using on-chain transactions for all spendings, than your options will be very limited, you will have to plan your routes accordingly and many places will be out of your reach. Since cryptocurrencies haven't reached mass adoption, it may be too early this kind of cryptotourism can be very inconvenient and only attracting for cryptoenthusiasts who love some challenge.

In Australia a company called TravelbyBit helping the Brisbane airport begin accepting crypto to purchase flights. It will be very interesting to watch the impact of crypto on the tourism industry, will massively reduce currency friction