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Author Topic: Bitcoin on The Island of Bali, Indonesia  (Read 568 times)
Cryptomultiplier
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June 28, 2023, 08:57:13 AM
 #81

I would still wanna go to Bali even with the restrictions on the use of BTC. It doesn't stop me from having them in a wallet somewhere.
Sincerely, there could still be those locals who have BTC assets, after all it is decentralized and unless one makes a significant huge transaction through the local banks, or use the online banking apps to convert the coins to fiat, the government wouldn't notice.

If the government should open its arms to the use of BTC in such a beautiful tourist destination, more businesses and investment would be recorded.
Probably the government is just being wary of those who use decentralized currency for evil deeds and trying to discourage them from visiting Bali.

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June 28, 2023, 09:58:58 AM
 #82

For those who go on vacation to pay with Bitcoin, there is always El Salvador or Boracay, and probably some other places where Bitcoin is not prohibited. However, if I were to choose my tourist destination, I would also take into account how each government treats its citizens, and whether there are any crazy laws that could land you in jail. Bali with its attitudes and strict laws is definitely not on my list of priorities.
I totally agree with you, the point you highlighted should be the main things to put into considerations before picking a tourist destination. I don't see why the ban on the use of bitcoin as payment be an impediment for Bitcoin enthusiasts not to travel to Bali on vacation. It not a must that one will have to pay for goods and services with Bitcoin. What happens to fiat? One can always trade Bitcoin online to fiat through exchanges or P2P services and load up his/her international debit/credit card which can be use to perform transactions all through his/her stay in Bali.
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June 28, 2023, 10:23:45 AM
 #83

It's their government and they have the rights to choose what's good for the people of their country. We cannot enforce them to follow any rules in the name of Technology. Country like Bali is very small and will never make a significant different in adoption of Crypto in the world unless we talk about Big countries like China, India, UK etc.

Also, them not accepting Bitcoin will not change my decision to visit that beautiful island.
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June 28, 2023, 10:45:35 AM
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 #84

Something tells me this has quite a bit to do with the recent woes Balinese police have had with certain types of remote workers who've made the island home ever since the pandemic. I was there a month recently and my local friends told me about this nuisance. Tourists are welcome there, for sure, always have been, and despite a high level of tolerance for terrible tourist behavirous, patience appeared to be wearing thin for the new breeds of long-term residents who act like tourists.

Specific nationalities were mentioned actually, but I don't like passing on rumours. However, because I also personally know from work crypto people remote working in Bali, and the kinds of behaviours associated, I feel there is some truth. Problem is, probably isolated incidents with entitled, cruiseship-trawling, cocaine-snorting, crypto brats who do scammy crypto startups from Bali. Giving a bad name to Bitcoin in general.

In any case, no big loss. In all my wanderings around the island, and even in the supposedly glitziest locations out of curiosity, I found just one shop accepting crypto.


Server I asked said she never had a customer request though =)


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chigo (OP)
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June 28, 2023, 10:07:55 PM
 #85

Something tells me this has quite a bit to do with the recent woes Balinese police have had with certain types of remote workers who've made the island home ever since the pandemic. I was there a month recently and my local friends told me about this nuisance. Tourists are welcome there, for sure, always have been, and despite a high level of tolerance for terrible tourist behavirous, patience appeared to be wearing thin for the new breeds of long-term residents who act like tourists.

Specific nationalities were mentioned actually, but I don't like passing on rumours. However, because I also personally know from work crypto people remote working in Bali, and the kinds of behaviours associated, I feel there is some truth. Problem is, probably isolated incidents with entitled, cruiseship-trawling, cocaine-snorting, crypto brats who do scammy crypto startups from Bali. Giving a bad name to Bitcoin in general.

In any case, no big loss. In all my wanderings around the island, and even in the supposedly glitziest locations out of curiosity, I found just one shop accepting crypto.


Server I asked said she never had a customer request though =)
Bad behavior by tourists (you said above) has made headlines in many local media for several days, in response to this the Indonesian government immediately revoked visa-free from 159 countries (the worst was a pair of tourists who had sex in public places)
I'm sure tourists who go to Bali, from the start, have known what is not allowed and what can be done while they are there, but some traders said that tourists had asked them several times about payments via bitcoin but education about bitcoin to sellers there still no good.


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June 28, 2023, 11:21:34 PM
 #86

I don't know whether you have been to Bali or not but Bali is one of the world's tourist destinations, unfortunately Bali still has a governor who is not friendly to bitcoins and cryptocurrencies so he informs every tourist not to use bitcoins as payment.

with rules like this, do you still want to go to bali?
there's really nothing to worry about, we can still transact with cash, right? as long as a place is not a war conflict area then of course we will still visit it.
if we want to visit a place, i don't think it has much effect on us canceling plans to go even though the place is still not Bitcoin friendly. We know that there are still many countries and regions that consider Bitcoin to be an illegal activity and are not fully accepted in every country right?.
Bali is not the only area that has leaders who are not friendly to Bitcoin, and I think if we want to go somewhere then we also have to comply with the rules they have set not to transact with Bitcoin but with cash or local currency.
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June 28, 2023, 11:58:33 PM
 #87

For me it would not be an impediment to travel to a country simply because it does not use or rejects the idea of bitcoin as a method of payment, of course I admit that it would be interesting to travel to one that I frequent a lot, as is the case of the Salvador, I have never been but I have had the desire to visit that site

However, I reiterate that I could go to Bali without any problem.
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June 29, 2023, 07:58:27 PM
 #88

For me it would not be an impediment to travel to a country simply because it does not use or rejects the idea of bitcoin as a method of payment, of course I admit that it would be interesting to travel to one that I frequent a lot, as is the case of the Salvador, I have never been but I have had the desire to visit that site

However, I reiterate that I could go to Bali without any problem.
every country has favorite tourist destinations that tourists want to visit, the majority of tourists who travel to Bali are looking for beautiful beaches while in El Salvador they have more places of worship such as cathedrals as tourist destinations for tourists (there are some beaches too but not so famous)

i don't feel that the desire to travel should be disturbed by the legality of Bitcoin which is regulated by the government in an area (even if it's a country on the African continent or a city in China), just visit your dream place, without being disturbed whether the place accepts bitcoin or not (as payment)

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