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Title: My holiday financed by bitcoins Post by: johnyj on July 16, 2013, 02:02:43 AM Just Rented a boat and cruised along the local islands for 3 days, all fiananced with bitcoin ;)
Of course currently there are not so many people accept bitcoin payment, especially for the private person who rented boat to us. So I have to sell the coins at localbitoins.com and then receive the local currency at my debit card account, I even sold some coins when I was on the sea It is very convenient doing small transactions on localbitcoins.com, actually sellers there usually ask for 7-9% higher price than MTGOX, but there are still people who are willing to buy http://photo.mystisland.org/sunset.jpg Title: Re: My holiday financed by bitcoins Post by: videos4btc on July 16, 2013, 03:21:15 AM dude, sweet! ;D
Title: Re: My holiday financed by bitcoins Post by: triib4l on July 16, 2013, 03:28:25 AM JUST sounds like a plug for localbitcoins.com to me
Title: Re: My holiday financed by bitcoins Post by: coinprize on July 16, 2013, 03:49:35 AM That's so cool!
Title: Re: My holiday financed by bitcoins Post by: CoinsForTech on July 16, 2013, 09:02:21 AM Great to see people putting their bitcoins to use other than just exchanging them!
Title: Re: My holiday financed by bitcoins Post by: cedivad on July 16, 2013, 09:03:32 AM Great to see people putting their bitcoins to use other than just exchanging them! Yes, cashing out is so different...Title: Re: My holiday financed by bitcoins Post by: favdesu on July 16, 2013, 09:03:57 AM really cool! :)
how much did you pay? Title: Re: My holiday financed by bitcoins Post by: CoinsForTech on July 16, 2013, 09:25:17 AM Great to see people putting their bitcoins to use other than just exchanging them! Yes, cashing out is so different...Ah I read the OP wrong. I thought he exchanged the coins directly for goods and services, not traded them for fiat to fund the holiday. You're right. Title: Re: My holiday financed by bitcoins Post by: johnyj on July 16, 2013, 06:23:05 PM I think bitcoin is very similar to a foreign currency, it has payment function, but not always possible to pay with it, so do other foreign currencies like JPY/GBP/CNY... As long as you can exchange it for local currency, and the exchange rate is fair, it is no different than spend your local currency abroad
Of course when you back to the home country, which is bitcoin economy, you could directly buy goods/services with bitcoin, but that virtual home country currently is still under construction and not always available everywhere in the world Anyway, it will work very well if the bitcoin exchanges are like FOREXs, exist in main airport/train terminals/city center and give you local cash directly. Currently I still need a local bank account to receive local currencies if I use localbitcoins.com. But if all the FOREX agencies accept bitcoin, this will be a big step towards the universal adoption of bitcoin |
