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Author Topic: This beach resort is accepting Ethereum!!!  (Read 648 times)
Anish02
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August 28, 2020, 10:05:11 AM
 #61

now if you want to pay for the entrance to the beach using ETH then you will pay more money for the commission if you want your money to come quickly. but if you put a small commission, they will get tired of waiting for the cryptocurrency to come to their wallet
It's the hard truth and we are digesting it because when we pay low fees the transaction takes huge time to take place and that's why you always gonna have to pay extra fees to quick transactions.
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August 28, 2020, 10:13:38 AM
 #62

The use of cryptocurrency to pay for goods and services is something great which is coming to limelight, gradually. I remember bitcoin was once accepted for payments in several institutions and companies, but lately ethereum is joining in the cryptocurrency used as a means of settling payments.
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August 28, 2020, 11:18:53 AM
 #63

Thats good to hear that as we know Ethereum is an enterprise-grade crypto platform thats why it does not surprise me either, even in Singapore cryptocurrency was already use as a payment option not just Ethereum but many other cryptocurrencies too. it needs only a payment platform to do that conversion in dollars. but still, crypto payment is only a halfway mark to make it more comfortable and user-friendly option just like sending an email to a friend.
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August 28, 2020, 11:28:52 AM
 #64

Thats good to hear that as we know Ethereum is an enterprise-grade crypto platform thats why it does not surprise me either, even in Singapore cryptocurrency was already use as a payment option not just Ethereum but many other cryptocurrencies too. it needs only a payment platform to do that conversion in dollars. but still, crypto payment is only a halfway mark to make it more comfortable and user-friendly option just like sending an email to a friend.

   Good news! Adoption started long ago, and we will see a good deal of news about accepting Bitcoin and Ethereum in all sort
of businesses, from grocery stores, to beach resorts, and all others. Mass adoption is getting closer, I know we talk about it
here for years, and it's happening as we speak, with small steps.
   I will wait few more years for Ethereum price to grow, than I will spend less Ethereums for entire beach resort experience.



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August 28, 2020, 11:36:44 AM
 #65

You could use crypto debit card and then almost any merchant in the world will accept crypto via L2 solution

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August 28, 2020, 11:42:42 AM
 #66

The use of cryptocurrency to pay for goods and services is something great which is coming to limelight, gradually. I remember bitcoin was once accepted for payments in several institutions and companies, but lately ethereum is joining in the cryptocurrency used as a means of settling payments.
Yes, of course this is very good news to discuss in this forum, and if I may know who has implemented ethereum as a means of payment? Are there some large companies that have implemented this? because as I know, Ethereum has been in cryptocurrency for a very long time.
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August 28, 2020, 01:16:59 PM
 #67

, look as i hope the future will be fair weather, crypto i even going to over to eth, gold more than it is too high i hope but i believe i hope that will happen as you say ' this beach resorts ethereum! accepting !!' which means,  eth popular and has received worldwide
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August 28, 2020, 02:13:17 PM
 #68

I think positively about covid 19, with covid this opens everyone's eyes, using crypto we can make indirect transactions, and one of them is payment at a resort in the Philippines using ETH to make transactions, hopefully this will happen in several other countries . so that more people and places will use cryptocureency.
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August 29, 2020, 03:22:03 PM
 #69

It seems the popularity of crypto is good in South Korea that some of the establishments and even resort such as that decides to use Ethereum, I think It's not that hard to adopt crypto in terms of payment, but it definitely needs the acknowledgement and the support of the government, and we also know that Ethereum name and smart contrace are commonly used as as a front by scammers, but it defiinitely needs knowledge and acceptance by other people.
Yes you're right. I agree that South Korea have so many plans about their country which related to cryptocurrency, recently I read some article regarding energy efficient projects that also related to cryptocurrency. They know that its a good thing to be a country that accept cryptocurrency is a good thing. Its good to know that some countries like these are open up to be active to accept cryptocurrency. They are some stores here in our country that accept bitcoin and ethereum. If this will continue, I know crypto will also help to the tourism sector but also the whole economy.

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August 30, 2020, 08:51:45 AM
 #70

If we could get bitcoin to be something to be more like vacation thing, it could help the summer season a lot, and I mean a lot.

Think about it, I am not sure about this and I do not have data to prove it but I feel like there must be a ton of people who cash out their crypto to pay for a vacation as well, which means the price of bitcoin could go up or down but that still doesn't change the fact that there are people who sell their crypto for holidays. That is why I feel like if we could make vacationing something you can pay with crypto, that could result with people not selling their crypto and these places could get their crypto and if they sell they do no harm because it would be sold anyway but if they hold it at least there is a chance summers could be a lot more profitable.

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August 30, 2020, 09:05:23 AM
 #71

I'm always happy with positive news like this, it's great that there are beach resorts in South Korea that accept Ethereum payments.
I hope all beach resorts around the country can accept payments in cryptocurrency. But in such a COVID19 pandemic situation now,
if we want having travel plans to beach resort. Which is a crowded place, must carry out health protocols with discipline.

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August 30, 2020, 09:12:54 AM
 #72

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Imagine if COVID-19 pandemic is no more and having travel plans to South Korea, we could visit this beach and pay Ethereum for entrance fee, etc. I just wish that this is not going to be the only beach resort to adopt Ethereum for payments.

Here in the Philippines, there are so many beaches and hidden paradise here. I just hope that one day these beaches around the world are going to adopt Ethereum and other cryptocurrencies.

South Korea is a bit expensive and maybe colder. Philippines have one of the best and widest range of food and beaches in the Pacific.  I have always imagined of visiting beaches in Philippines. But money is always a hassle when you travel. Card don't always works and it's difficult to carry all in cash. If the South-East Asian tourist hub like Thailand, Vietnam, Indonesia, Malaysia and Philippines widely used crypto as a payment method, I bet the arrivals would double. We've seen many people doing crypto vlog on Bangkok but it's still difficult to live with crypto in many other regions.

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August 30, 2020, 09:21:18 AM
 #73

Its very convenient  if this things happen here I am also looking forward to see this in the future .
But for now we still need to expand and introduce it more to people  so they will know the use of crypto currency and how this things will help for many to have an Easy life for using the new technology.

I don't see any convenience from implementing Ethereum as payment, I'm currently using a contactless payment method for goods and services. But I am happy with the fact that cryptocurrency is being introduced step by step as payment in many areas of our lives.

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August 30, 2020, 09:44:01 AM
 #74

that's good news. next time if i have a lot of money will try to visit local beach in your country. I really believe that crypto adoption is really happening and will continue, I believe crypto will be very much needed in the future.

I agree, good news we have here. Whenever someone starts to accept any cryptocurrency it's good for the entire crypto, it always starts with the first one, later other cryptocurrencies will be accepted too. If you have some Ethereums try to keep them and add more if you can, once when Ethereum grows it will be affordable for all Ethereum holders.



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August 30, 2020, 10:06:41 AM
 #75

that's good news. next time if i have a lot of money will try to visit local beach in your country. I really believe that crypto adoption is really happening and will continue, I believe crypto will be very much needed in the future.

Yes it's good news for the Crypto lover.Many people having Ethereum on their wallet with some belief, the price of Eth will back to 440.Because it will give some profit and now they can use the Ethereum for the transaction. It will increase the usage of Ethereum in the world now. Don't sell your Ethereum at low price, it will lose your money.

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August 30, 2020, 10:25:43 AM
 #76

They probably chose Ethereum because it provides faster transactions with lower fees, but unfortunately, they didn´t expect the DeFi hype that is connected with overwhelmed blockchain that doesn´t provide faster transactions for lower fees.  Cheesy
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August 30, 2020, 11:12:37 AM
 #77

Holy smokes! Look at this guys!

Source: https://decrypt.co/?p=38262

Imagine if COVID-19 pandemic is no more and having travel plans to South Korea, we could visit this beach and pay Ethereum for entrance fee, etc. I just wish that this is not going to be the only beach resort to adopt Ethereum for payments.

Here in the Philippines, there are so many beaches and hidden paradise here. I just hope that one day these beaches around the world are going to adopt Ethereum and other cryptocurrencies.
nice seeing support like this from random Businesses and it makes me feel positive since i also support ETH.

and also this is My dream since i am a beach lover and we often Go at least twice a month with my family but not until this pandemic comes because until now beaches and resorts are still not available for Public.

They probably chose Ethereum because it provides faster transactions with lower fees, but unfortunately, they didn´t expect the DeFi hype that is connected with overwhelmed blockchain that doesn´t provide faster transactions for lower fees.  Cheesy
Or the owner is really a ETH supporter because they are even Good and faster transaction than Ethereum if they only wanted to look at it.

But anyway let us all wish that one day our country will have this same opening for us to spend our Cryptos in our leisure .

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August 30, 2020, 11:43:08 AM
 #78

I also really hope the beach resorts in my country accept ethereum as payment too, as has happened to beach resorts is in south korea.
Regarding the corona virus pandemic, there is no problem opening beaches for public entertainment, as long as health protocols are
implemented correctly. Regarding beach resorts in South Korea that accept Ethereum payments, it could help mass crypto adoption to
grow even faster.

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August 30, 2020, 01:37:26 PM
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Well accepting cryptocurrency as a payment is very possible now because they know how much profit they will earn on it and  hopefully more business facilities can adopt cryptocurrency as a payment.
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August 30, 2020, 01:39:34 PM
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A lot of resorts, hotels, apartments are supports crypto via hotel agregators
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