Cryptocurrency is rapidly changing the way we spend and receive money.
Since Bitcoin’s release in 2009, over 4,000 altcoins (think Litecoin, Dogecoin and Ethereum) have been created in response to Satoshi Nakamoto’s brainchild.
On the face of it, crypto users are spoiled for choice. Millions of us are already well used to completing our transactions virtually—but the physical world has been slow to respond to the crypto craze – until now.
It’s great news for frequent (or even infrequent) travellers: crypto can now be used on the road to pay for things like hotels,airport parking, flights and other transactions (Toblerone, anyone?) within the airport terminal.
This means no more faffing around at the Bureau de Change to swap your dollars for dinar, no personal information tracking and no chance of your overzealous bank manager freezing your account because you’ve decided to head off ona spontaneous holiday to Hawaii.
But what does this mean fortravellers looking to swap their bumbags for a crypto wallet?
Read on …
- Buy goods at the airport
If you’re travelling through Brisbane, Australia, it pays to remember that Brisbane was the world’s first crypto-friendly airport. Here passengers can use cryptocurrencyto pay for goods at every merchant within its terminals. Brisbane International currently accepts Bitcoin, Dash and Ethereum, among others.
While Australia may not be the biggest market for Bitcoin et al, it’s growing rapidly, so you can expect its other major airports like Sydney and Melbourne to follow suit and start to offer things like parking at a discounted rate with Bitcoin. (like Denver International and San Francisco).
Top tip: although crypto can’t yet be used to book discounted parking at all Australian airports, you can find Sydney, Perth and Melbourne Airport parking on Looking4.com, which has delicious deals, guaranteed to put a smile on your face.
- Renting a car
Looking for cheaper car rental when you’re on your travels? Of course—we all are! And you can find it by using services like CheapAir and Destinia—both of which accept Bitcoin. You can even pay for fuel using CoinFuel, which allows you to buy Shell or BP gift cards with Bitcoin. Huzzah! Take that, centralised banking system!
- Booking a hotel
As a cryptocurrency fanatic, you likely throw your head back and laugh hysterically in the face of traditional transactions—especially when it comes to paying for your accommodation. Once again, by using sites like Expedia, CheapAir and Destinia, you can pay for your hotel room with crypto.
Expedia is especially handy if you’re keen to book a hotel, flight andcar all-in-one—it really is a one-stop-crypto-shop for travellerslacking the time or patience to trawl the web.
Now it’s your turn …
Do you use crypto when you travel? Have you encountered any challenges? Will this change the face of travel forever? We’d love to hear your thoughts in the comments section.