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Author Topic: Cryptotourism - is it evolving?  (Read 931 times)
theunbeatable
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October 04, 2017, 11:58:28 AM
 #21

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?

The stretch of usage of cryptocurrency is almost at ad infinitum and it's almost scary. It can offer new platforms way better than the traditional in a secure and traditional manner. Blockchain is the technology of crypto and there are so much more it can offer. From tourism to enginnering into sharing of services at commercial homes.
I think the term crypto tourism can be put also in how country can use the crypto tech or the blockchain tech and what services are in that country that are basing in blockchain and how people will admire this technology.
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October 04, 2017, 12:02:39 PM
 #22

I think it will only be applicable to countries widely accepting bitcoin which I really think is a very advanced country in terms of technology and economical aspects to have invested in bitcoins needs a big caital especially in running such businesses.
I think this kind of countries will definitely be a great influence in bitcoin industry.
Good idea by the way.. I have already read about someone here in this forum who traveled with bitcoins only.  Really inspiring .
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October 04, 2017, 12:25:03 PM
 #23

Look at it the way of credit cards. You can pretty much go everywhere with only your card now (and have so the last 20 years), still some places you will need cash. But an atm might not be far away, so you can get those cash.

I believe it will (eventually) be the same with c-coins, might take 20 years tho.
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October 04, 2017, 12:29:26 PM
 #24

If you have Bitcoin debit card then it's possible because it's accepted everywhere but otherwise I'm not so sure. I live in a country where more and more tourists are coming each year but there are just few merchants that accept Bitcoin. Younger tourists often ask about Bitcoin ATMs but there are only few of them also so.I don't think we are cryptocurrency tourist friendly yet.

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October 04, 2017, 12:39:55 PM
 #25

Yes it will be huge in the future.But when you see it now, it is a drop in the ocean.It has huge potential to grow its market cap to some trillion dollars.It will be used in the place  of fiat and some digital currencies like paytm in India.Just in few years it will reach 100000$ and it will definitely cross that mark and reach even more.

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October 05, 2017, 08:39:36 PM
 #26

Wouldn't it make sense that everything re: cryptocurrency is evolving at this early stage? I would guess things are only going to keep developing faster as cryptocurrency starts becoming more generally accepted.

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October 05, 2017, 09:00:26 PM
 #27

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?
If you want to use your bitcoins that way I think the best place for that will be Japan, there are many business accepting bitcoin and you can use it almost everywhere, you can rent a room with it and buy food, but eventually this is going to become so common that you will be able to use your bitcoin almost everywhere.
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October 06, 2017, 07:54:00 AM
 #28

i made a topic about this a while back: https://bitcointalk.org/index.php?topic=1906607.0
talking about bitcoin and tourism but mostly focused on Japan mostly because Japan is the 4th country with the most tourists every year (~24 million in 2016) and they have adopted bitcoin as a legal way of payment and shops are already adding bitcoin payments. on top of it there is going to be Olympics there too.
things will be pretty interesting in action in my opinion, when tourists see bitcoin's potential and see how easy and safe it would be to carry bitcoin around and spend that.

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October 06, 2017, 08:07:12 AM
 #29

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.

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October 06, 2017, 08:15:01 AM
 #30

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.
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October 06, 2017, 08:16:55 AM
 #31

the bitcoin community is getting larger day by day.
everyday many ICOs are launching.
the Cryptotourism is evolving on a large scale.

nobody cares about ICOs bro.
everyone who ever looks at any ICO they see profit. in other words all they are thinking is how much money they can make from them. and by "they" I mean both users/investors and developers.
none of these ICOs ever come to anything. they are just names and empty words.
why do you think they are banned in so many different countries?

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October 06, 2017, 08:18:56 AM
 #32

I knew some people who went to the so-called "Crypto Valley" near Zug (Switzerland) purposely because this geographic zone seems to be very crypto-friendly. Thus I think other areas in the world could follow Zug example and find a way to increase tourism in their countries.
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October 06, 2017, 08:28:40 AM
 #33

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.

That's true. It will be a problem for the merchants to accept BTC because they may incur a loss when the price goes down. The price of bitcoin fluctuates too frequently, so this would be problematic on the part of the merchant.

However, it would be convenient for a traveller if they had the option to pay with BTC. There won't be the hassle of having to convert the prices mentally everything you buy before you make a purchase so as to make a comparison with your own local currency.
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October 06, 2017, 08:34:07 AM
 #34

If you are talking about tourism paid in crypto then I think the sector needs more development. Bitcoin and altcoins are not always accepted everywhere like fiat money and so I think it needs more acceptance. Moreover there are so many poor countries where tourism industry is the important means of earning for people but they are not educated enough to use crypto in any way. Thus I think there is the huge gap between the people using crypto and the people in charge of tourism. There has been some ICOs in hotel booking and flights but still it needs more development.

after seeing this problem in tourism sectors maybe there is developer create innovation to solve this case in the next moment.
i ever read a thread in this section from someone who using their bitcoin to traveling to 2 countries and hold cash as well but he said that he only use his bitcoin for anything and his cash stay with him.
but he travels to big country (i mean in technological) then can found localbitcoin to exchange his btc. while the problem is not every countries provide localbitcoin to exchanges.

well,  in my point of view to make full service of cryptocurrency will be biggest things to develop. it would be be very good opportunity for business projects.
 
ICOs? did you means project hotel booking amd flights based on blockchain and crypto payment system? yeah i think that it should be enhance development because it still not give big influence toward this case.

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October 06, 2017, 08:53:54 AM
 #35

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?

Yes crypto tourism is growing, there was this guy who posted here how he traveled with 100$ and 1 - 3 Bitcoins, he successfully spend his money in Bitcoins and saved his Fiat, and it's not just him, a couple of my friends were successfully able to spend Bitcoins, and I feel this is only the tip of the ice, more and more people will sooner or later spend Bitcoins, cause you can roam without Fiat, without the risk of it been stolen. Just the start.
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October 06, 2017, 09:01:24 AM
 #36

Cryptotourism is a pretty intelligent term which i will like to applaud you for.

No it is not as it is rather confusing for a native English speaker.
When you add a term to tourism it is to show what you plan on doing or how you spend your days but it has nothing to do with how you pay cash digital ir coins.
We don't have dollartourism or visatourism or paypaltourism.


When I first read the title I tought it was about visiting places with bitcoin related stuff or travelling from one meeting to another


And I doubt price fluctuations are the reason we dont have more people paying with coins as merchants instantly convert btc to fiat it is rather that people dont want to spend their coins.
Si no custoners means no service.

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October 06, 2017, 09:02:46 AM
 #37

If hotel booking, excursion pay, going to restaurant, many other things will be available by btcs with not bad conversation rate, we can say that cryptotourism is suceed.
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October 06, 2017, 10:48:04 AM
 #38

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?

true bitcoin can use to buy anything but for sure for now on you can't use bitcoin to travel around the world because have country so far are do not know bitcoin as currency, but if you can select the country allowing bitcoin exchange  you want to go using the bitcoin its possible.

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October 06, 2017, 11:26:44 AM
 #39

We are certainly not there yet. But, there are some interesting altcoins which are targeting the travel market.

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October 06, 2017, 01:29:47 PM
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We are certainly not there yet. But, there are some interesting altcoins which are targeting the travel market.

Probably one of the worst ideas ever....
Bitcoin is good for tourists because they don't have to exchange their $ to gbp or to euro or to god knows what currency.
Right now bitcoin works like a visa card and you don't have to carry any extra fiat.

By having an altcoin just for travel purposes defies the whole idea of global accepted currency.
You'll have to change your bitcoins to some altcoin for....what?

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