Travel with Bitcoin and Become a Bitcoin Traveller

Bitcoin?

What is it?

What can you actually do with it?

What can you buy with it?

How can you use it?

I know there are many questions going through your mind. Newcomers often ask such questions.

The general answer is everything online as well as offline. However, the tourism industry catches the eye as one of the earliest adopters and one of the vital beneficiaries as well. But of course, travellers seek a safer currency they can take around with them that is widely accepted.

Negotiating foreign currencies sometimes can be a headache for any traveller. With Bitcoin, these travellers have all the benefits, and the tourism industry was quick enough to realise the potential. This is where Bitcoin came to their rescue. However, enticing someone to accept payments in such a currency, which they have never even heard of, comes with a new summons to contest altogether.

When it comes to actually enjoying life, the thing that many people wish is to be able to travel across the globe. While some people get lucky to do it for business reasons and others exclusively travel just to explore the four corners of the terra firm.

As per a market research carried out by IBIS World, the global tourism market acquires approximately $1 trillion every year. This is an extensive market and one that is probably to come under Bitcoin’s umbrella.

The global nature of this cryptocurrency makes it impeccable for travelling drifts, and although adoption is slower in a few countries, it will, in the course of time, happen.

But, why many people are still not making use of Bitcoins to pay out their travel expenditures?

Of course, most people are not unaware of the potential benefits and promising advantages of the currency.

Yeah, there are many.

The ‘Conversion of Currency’ Predicament:

The conversion of currency is still a big commotion for tourists and travellers.

If you’re a frequent traveller, then you might have a hard time to convert your local currency every time you travel. This is, undoubtedly, neither time efficient nor cost effective.

It is mandatory for you to convert the currency while you enter the country and then before you leave: these needless pit stops can be fended off by making use of Bitcoin currency.

A number of merchants across the world accept Bitcoin and are steadily growing. Also, you can save upon your currency conversion charges, if you’re travelling to another country. The other mondo advantage is that carrying a lot of cash can be risky and becomes needless sometimes. Bitcoin can be very convenient in this case.

The Bank Fee:

You are presumptively aware of the horrendous fees associated with withdrawing money from an ATM and making use of a credit card in a foreign state. Most ATMs charge a fixed amount of transaction fee and these entire fees quickly sum up to an insane amount that you can more or less avoid by making use of Bitcoins.

The other whopping problem that most of the travellers face is the unavailability of ATMs, which support their card. For instance, it is really difficult to find Standard Chartered ATMs in India.

Refraining from Fraud:

While you make payment with your debit or credit cards, you are compelled to share your payment details and information with merchants and at times such merchants cannot be trusted with your banking details and information. There is also a shot in the dark for such information being fissured either intentionally or unintentionally.

In any of the cases, it can result in frauds and criminals laying hands on your details and information and pinching your hard-earned money, and nothing is worse than losing your money when you are on your expedition. This huge safety threat in itself is enough to convince you to make use of Bitcoin, as cryptocurrency is relatively safer.

On the other hand, one thing that troubles many travellers is volatility of Bitcoins. However, it is imperative to understand that this component can also work in your favour b y permitting you to grow your digital expedition pocket money. In case it does not, then anytime you can exchange the Bitcoin currency for the local currency.

It cannot be taken from you:

Yes! Nobody can take away Bitcoin currency from you. A few places in the world are skimpier than others, but you can always have a chance to become a victim of theft anywhere. Bitcoins, on the other hand, simply do not have a physical form. Sure, you can still be unlucky to lose your phone, but your money will stay safe under a password. Most thieves won’t have an idea what to do with Bitcoins anyway.

Over to you!

Adopting Bitcoin currency would mean an even bigger growth to the tourism and travel industry when it comes to making life easier for tourists and travellers. Doing so will resolve a lot of problems faced by them and, therefore, will result in amplified business for travel agencies and other businesses, which offer services to travellers.

But to really make the most out of travelling by Bitcoin, you will require doing thorough research. I’d advise you to consider the footsteps of the travellers who have made use of Bitcoin currency during their expedition.

Do your homework. There would be some kind of Bitcoin community. The success comes from reaching out to these communities.

Begin your next outing with Bitcoin and share your experiences!!!

Never quit travelling!