One often heard complaint is how cryptocurrencies have limited use in the real world. Those who own Litecoin can book travel and accommodation courtesy of nearly two dozen service providers. The usability of most crypto assets is virtually non-existent. Litecoin is Very Useful for Traveling Except for a few dozen coins, the others are speculative in nature at best. Litecoin, often criticized for simply copying Bitcoin, has carved its own path to success in this regard. It would appear that various accommodation and travel service providers accept Litecoin these days. In fact, there are nearly two dozen service providers globally.
The post Litecoin Payments Gain Traction Among Tourism-related Providers appeared first on The Merkle Hash.
Powered by WPeMatico
Spending during the holiday season should be easy but borders, physical and financial, often complicate matters. A world currency that can travel with you and is widely accepted sounds like a good idea. Among cryptocurrencies, bitcoin cash is an ideal candidate, with its low fees and instant transactions. New opportunities to spend, buy and sell […]
Queensland, Australia is giving away millions with its Ignite Ideas fund. This week, it posted details regarding the AUD$8.3 million grant ($6.1 million USD). Something like 70 regional companies shared the bounty, including a cryptocurrency startup, Travelbybit, which managed to snag AUD$100,000 on its way to promoting tourism using crypto. Also read: Bitcoiners Hope to […]
Finding more use cases for Bitcoin and other cryptocurrencies is anything but straightforward. Thankfully, some entrepreneurs are looking to make good things happen in this regard. Various businesses in Agnes Water and the Town of 1770 in Queensland, Australia now accept various cryptocurrencies as a payment method. As such, the region has become the first self-professed cryptocurrency-friendly tourist area. Bitcoin Gains Traction in Australia It is always interesting to see how consumers and entrepreneurs approach Bitcoin and other major cryptocurrencies. Given the volatile nature of all of these assets, it is understandable that companies are a bit hesitant to embrace
Agnes Water, a beach town situated five hours north of Brisbane International Airport, has proclaimed itself to be the first “digital currency-friendly” tourist town in Australia. Over 30 businesses now accept cryptocurrency as a form of payment in Agnes Water – despite being home to just over two thousand residents. Also Read: Markets Update: Digital Currency […]
The Caribbean Tourism Organization is going to introduce cryptocurrency payments for tourism services and products offered in the region. In partnership with a local company, CTO wants to implement crypto-based merchant applications in the travel industry and other related sectors. Another goal is to further integrate the region’s economies through more cryptocurrency transactions. Also read: […]