German National Tourist Board will accept Bitcoin ?

[omorfi]

The number of businesseses that accept payment with cryptocurrencies is increasing day by day. The reputation of cryptocurrencies continues to grow. German National Tourist Board (GNTB) wants to accept bitcoin as an alternative payment method for its digitalisation strategy.

http://www.tradearabia.com/news/BANK_338291.html

[chillitabit]

The number of businesseses that accept payment with cryptocurrencies is increasing day by day. The reputation of cryptocurrencies continues to grow. German National Tourist Board (GNTB) wants to accept bitcoin as an alternative payment method for its digitalisation strategy.

http://www.tradearabia.com/news/BANK_338291.html

major adoption is another necessary step that is being discussed in crypto community for few years. Every company that starts accpeting and using crypto is bringing us closer to that goal

[Fazlurkhan.kz]

Bitcoin was invented for the reason of being used as a method of payment and replace local fiat currency. After the step that the German Tourist Board has taken, it seems that it is moving closer to its goal and succeeding in the purpose for what it was created for.
This will surely increase the currency aspect of bitcoin and other cryptocurrencies as it will encourage common people to use it in their daily life usage in markets and shops etc.

[omorfi]

As a consumer who has been buying a lot of goods from abroad, In this year, compared to last year, I saw too many vendors that accepts Bitcoin payments. It continues to spread at an astonishing rate. Wow.

[brontosaurus]

Petra Hedorfer, chair of the board of GNTB, explains: “Within our digitalisation strategy we continuously test newest technologies and trends to see if they could be useful for our company. Through accepting cryptocurrencies as a payment method and the possible medium-term implementation of the blockchain technology in our finance sector our international company wishes to set ourselves apart as an innovator and instigator within the tourism industry.”
(Source: http://www.tradearabia.com/news/BANK_338291.html )

This is a very strong statement and it shows how the acceptance of crypto currencies is soon becoming widespread and the day is not too far when such kind of realization would dawn upon every global organization. It shows that how people have started accepting the crypto network and they value the fact that it is a step ahead towards innovation and henceforth the furtherance of economic development of a nation.

[omorfi]

Professionals continue to experiment with innovative methods to get rid of the crisis. Local currencies distributed very unfair. And people dont have anything to spend. Thats why economic expansion has become a necessity. And i think cryptocurrencies will be the new way to expand for economies.

[ToddDiaz]

Great news! The block chain technology offers interesting perspectives in regards to speed, transparency and security. Experts are expecting enormous improvements and saving potentials with, for example, international transactions.

[bitfocus]

such adoption will help Bitcoin grow farther and inspire others to adopt, really a good news!

[bit-freedom]

This is a great news for crypto. First from France and now from Germany. Hope to see more adoption of crypto in the EU and the rest of the world.

[bitart]

Petra Hedorfer, chair of the board of GNTB, explains: “Within our digitalisation strategy we continuously test newest technologies and trends to see if they could be useful for our company. Through accepting cryptocurrencies as a payment method and the possible medium-term implementation of the blockchain technology in our finance sector our international company wishes to set ourselves apart as an innovator and instigator within the tourism industry.”
(Source: http://www.tradearabia.com/news/BANK_338291.html )

This is a very strong statement and it shows how the acceptance of crypto currencies is soon becoming widespread and the day is not too far when such kind of realization would dawn upon every global organization. It shows that how people have started accepting the crypto network and they value the fact that it is a step ahead towards innovation and henceforth the furtherance of economic development of a nation.

All the above mentioned things means the cryptos are regulated and those who accept bitcoin and other cryptos are implementing KYC/AML regulations. And this is not bad, because that time most of the average people will buy the cryptos (or mine them, but not receiving them from shady businesses), so they will be fine with the regulations. For those, who are against the regulations there will always be possible to use Monero or some kind of similar and privacy focused coins. And because regulation and contol is not the same things, cryptos can remain decentralized in the future.

[squatz1]

This is a great news for crypto. First from France and now from Germany. Hope to see more adoption of crypto in the EU and the rest of the world.

While this is goodnews, we can't inflate the news that we're getting. This is a random tourist board that isn't going to mean anything anyway, we need the companies inside the country accepting -- not government agencies. Both are nice, but we need more companies then governments as there are many more companies!

[Kowalskix]

Alright. go Germany
Some hotels in Greece are accepting their coin too. This is the true usage of crypto and we need more of this to see in the future.

[nsasuiteb]

I think they definetely know how to attract foreign people, it is good news, most people want to spend their coins in daily life, visiting other countries would be an good way to spend coins.

[tomahawk9]

This is actually pretty huge, mainly because it's coming from Germany (not some small european country), and also because it's coming from the GNTB, an organization that works on behalf of the government with agencies around the world. And if the strategy to incorporate cryptocurrencies is actually succesful, it could have a snowball effect in other countries (if the govt start seeing cryptos in a positive light, then it's a matter of time before merchats do), and that will get us closer to the beginning of the adoption phase of cryptocurrencies. All in all, i'm actually excited for this news.

[@Hakermania@]

This is interesting news because we are talking about an important institution in a leading country in europe.

[Sirait]

The number of businesseses that accept payment with cryptocurrencies is increasing day by day. The reputation of cryptocurrencies continues to grow. German National Tourist Board (GNTB) wants to accept bitcoin as an alternative payment method for its digitalisation strategy.

http://www.tradearabia.com/news/BANK_338291.html

support by support is also received by Bitcoin despite the many also rejection of Bitcoin for security reasons,
it is like a fresh breeze and lamps for Bitcoin on the continent of Europe...

[bartolo]

Tourism is one of the fields where the implementation of bitcoin and cryptocurrencies is most interesting. One of the usual concerns of tourists is having to make the currency exchange from one country to another. Bitcoin can act as a global currency with which a tourist can pay in another country without having to exchange their fiat currency to the local currency.

[MakeMoneyBtc]

Yeah, more and more businesses start to accept bitcoin as a payment method and that is surely a very good thing for bitcoin and cryptocurrencies. Even though at the beginning not many people going to actually use bitcoin to pay for different things I am sure that in time the number of people that pay with bitcoin will grow dince it starts to be accepted in a lot of businesses. Also, one of the advantage of paying with bitcoin is that you can do it anywhere(of course where they accept bitcoin), so that if you dont have any money at you or you cant exchange your money in another currency you can pay directly with bitcoin

[coin_maker]

This is good news for the bitcoin lovers that day by day bitcoin is getting popularity from all over the world. And this is a good news for bitcoin habitants that German National Tourist board are taking bitcoin and it’s very motivational also.

[passioncrypto]

The GNTB, who works on behalf of the German federal government, intends to pilot the underpinning technology of crypto — the blockchain technology — in their finance division. In the interim, the organization will use cryptocurrencies for international payments. It is the first time a government-linked entity has come forward to accept cryptocurrencies.