How Can You Use Bitcoin While Traveling? - FTP4
11/12/17 • 16 min
Brief History of Bitcoin Bitcoin came about from a whitepaper released in 2008: Bitcoin, A Peer-to-Peer Electronic Cash System. It was just nine pages and outlined a process for passing digital funds from one user to another using blockchain encryption to protect the system from the creation of 'extra' money. The first Bitcoin mined in January 2009, and the first transaction was conducted soon after when the founders exchanged some funds directly. Later that year the New Liberty Standard established the value of Bitcoin at 1309.03 bitcoins for 1 dollar. The first real-world transaction followed in May 2010, when a Florida programmer sent 10,000BTC to a volunteer in England, who then spent about $25 to order him a pizza from Papa John’s. Today that pizza is valued at almost 2 million pounds and the transaction regarded as a significant milestone in Bitcoin history. By 2015 things had settled down and Bitcoin had finally achieved mainstream acceptance. That was confirmed when the New York Stock Exchange made a substantial investment in the Coinbase IPO. By 2016 it was estimated that worldwide over 180,000 businesses were accepting Bitcoin payments and over Bitcoin 770 ATMs were available. And in March 2017, the price of a Bitcoin crossed the cost of an ounce of gold for the first time. How Bitcoin Works Bitcoin is a peer-to-peer system for making online payments using a digital currency. The idea of a digital currency had been around for some time, but it wasn't until the problem of 'double spending' addressed that it became a reality. Since anything digital can be copied over and over again, the challenge was creating a digital payment system that makes sure that nobody spends the same money more than once. Offline it's handled by the fact paper money is physically transferred from buyer to seller. Online it's been handled by a central authority... i.e. a bank... recording and verifying all transactions... removing the payment from the buyer's account and adding it to the seller's account. What makes Bitcoin unique, is that it uses a massive peer-to-peer network to verify every single transaction. When you send a Bitcoin to another person, they don't get to use it until 'the network' confirms it is valid. Once verified though, your payments are non-reversible, your accounts cannot be frozen, and transaction fees are much lower... especially on significant transactions. You Can Use Bitcoin to book flights and accommodation with
- BTC trip is a flight and hotel booking service that accepts Bitcoin.
- Expedia is already a well-known travel booking service, and it now joined the Bitcoin travel sphere.
- CheapAir established in 1989 and based out of Calabasas CA; it is the first online travel agency to accept Bitcoin.
- Travel Booking, reviews and advice on hotels, resorts, flights, vacation rentals, travel packages
- com taking advantage of the fact that Airbnb has left the field wide open, 9flats is taking Bitcoin travel into the sharing economy. Currently, about 20% of the places advertised on 9flats take Bitcoin.
- CoinMap is a resource map for finding Bitcoin travel and tourism merchants around the world. Just input where you will be travelling to see what’s available for your trip and where you can spend your Bitcoins.
Travel web platform links https://btctrip.com https://www.expedia.com https://www.cheapair.com https://Bitcoin.travel https://9flats.com https://coinatmradar.com Super Helpful Tip
Brief History of Bitcoin Bitcoin came about from a whitepaper released in 2008: Bitcoin, A Peer-to-Peer Electronic Cash System. It was just nine pages and outlined a process for passing digital funds from one user to another using blockchain encryption to protect the system from the creation of 'extra' money. The first Bitcoin mined in January 2009, and the first transaction was conducted soon after when the founders exchanged some funds directly. Later that year the New Liberty Standard established the value of Bitcoin at 1309.03 bitcoins for 1 dollar. The first real-world transaction followed in May 2010, when a Florida programmer sent 10,000BTC to a volunteer in England, who then spent about $25 to order him a pizza from Papa John’s. Today that pizza is valued at almost 2 million pounds and the transaction regarded as a significant milestone in Bitcoin history. By 2015 things had settled down and Bitcoin had finally achieved mainstream acceptance. That was confirmed when the New York Stock Exchange made a substantial investment in the Coinbase IPO. By 2016 it was estimated that worldwide over 180,000 businesses were accepting Bitcoin payments and over Bitcoin 770 ATMs were available. And in March 2017, the price of a Bitcoin crossed the cost of an ounce of gold for the first time. How Bitcoin Works Bitcoin is a peer-to-peer system for making online payments using a digital currency. The idea of a digital currency had been around for some time, but it wasn't until the problem of 'double spending' addressed that it became a reality. Since anything digital can be copied over and over again, the challenge was creating a digital payment system that makes sure that nobody spends the same money more than once. Offline it's handled by the fact paper money is physically transferred from buyer to seller. Online it's been handled by a central authority... i.e. a bank... recording and verifying all transactions... removing the payment from the buyer's account and adding it to the seller's account. What makes Bitcoin unique, is that it uses a massive peer-to-peer network to verify every single transaction. When you send a Bitcoin to another person, they don't get to use it until 'the network' confirms it is valid. Once verified though, your payments are non-reversible, your accounts cannot be frozen, and transaction fees are much lower... especially on significant transactions. You Can Use Bitcoin to book flights and accommodation with
- BTC trip is a flight and hotel booking service that accepts Bitcoin.
- Expedia is already a well-known travel booking service, and it now joined the Bitcoin travel sphere.
- CheapAir established in 1989 and based out of Calabasas CA; it is the first online travel agency to accept Bitcoin.
- Travel Booking, reviews and advice on hotels, resorts, flights, vacation rentals, travel packages
- com taking advantage of the fact that Airbnb has left the field wide open, 9flats is taking Bitcoin travel into the sharing economy. Currently, about 20% of the places advertised on 9flats take Bitcoin.
- CoinMap is a resource map for finding Bitcoin travel and tourism merchants around the world. Just input where you will be travelling to see what’s available for your trip and where you can spend your Bitcoins.
Travel web platform links https://btctrip.com https://www.expedia.com https://www.cheapair.com https://Bitcoin.travel https://9flats.com https://coinatmradar.com Super Helpful Tip
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Maiden Voyage of FusionTourism Podcast - FTP1
FUSIONTOURISM PODCAST SHOW ONE October 5, 2017 Podcast Show Notes Overview: 1. Stories from Digital Nomads worldwide 2. Stories from small travel/tourism business owners 3. Review the benefits of travel/tourism tech apps 4. How are digital travel/tourism apps changing, creating disruption in the industry on how and why we travel? How can you benefit? 5. How travel and tourism are fusing more together than ever before? The benefits of that for each of us. Volunteer tourism, medical tourism, local tourism travel like a local. 6. How do Social Media effect and benefit tourism and travellers? 7. How you can create your unique travel journey creating income and passive income as you travel. 8. Thank you and feedback part of the community.
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How You Can Earn Bitcoin Streams of Incomes in Your Travel and Tourism Niche Business – FTP5
We are delighted to share necessary steps that you'll earn bitcoin streams of financial gain if you're operating online whereas traveling from your PC or smart gadgets. These methods to make bitcoins might additionally supplement your economic benefit if you're a digital travel addict, digital nomad, virtual assistant, freelancer desperate to travel a lot of long or short-term domestically, nationally, or internationally. For the small travel and tourism business operators offline or online these methods to earn bitcoin may be useful to form other means of profit for your business. YOU CAN START TODAY! THE FOUR STEPS TO EARN BITCOINS AND IT IS NOT RESTRICTED SOLELY TO CRYPTOCURRENCY EXCHANGE, OR TRADING ARE: 1. CRYPTOCURRENCY EXCHANGE OR TRADING The first way to gather a lot of Bitcoins is by cryptocurrency exchange or commerce. VARIED TYPES OF COMMERCE OR EXCHANGE MARKET CHOICES FOR BITCOINS ARE: • trade Bitcoin for Bitcoin • exchange even Bitcoin with fiat currencies • trade Bitcoin with alternative cryptocurrencies THE BEST KEY IS ARBITRAGE “It is the best method to do secure trading. Once you see the chance to buy the asset from one place for a definite worth, then sell it quickly into the other place for a better value. Significantly, make sure you have equipped yourself with the data needed to begin exchanging Bitcoin thus you recognise the risks concerned still as what proportion you would like to speculate as a beginner in investing.”1 DAY TRADING is one of the standard strategies of increasing and earning Bitcoin through commerce. It is the selling and buying of Bitcoins on the same day based on small, short-term worth fluctuations. Once you check out the market and spot that the worth of Bitcoin goes up, it’s an accurate timing to buy some Bitcoins and sell them directly once you’ve created your profit. 2. BITCOIN FAUCETS PLATFORMS The second procedure to earn Bitcoins is thru “Faucets”. WHAT ARE FAUCETS? Faucets are websites that disclose Bitcoins on an everyday basis. They will reveal Bitcoins each minute, every ten minutes, each hour or once per week. All you would like to try to is to register on the websites with your Bitcoin address or your email. If you are chosen, you get the Bitcoins. However, one drawback to the present procedure is that the quantity of Bitcoin given away isn't the maximum amount and it always is paid to get into Satoshi. WHAT IS SATOSHI? It is presently the tiniest unit of the bitcoin currency recorded in the blockchain. It's a one hundred millionth of one bitcoin (0.00000001 BTC). The unit named after the initial creator of Bitcoin, Satoshi Nakamoto in collective homage to him. Beware of trying those Faucets sort of apps or net platforms; you need to be on guard. They're not all credible some might have malware, virus not merely the low payout rate all of them can become tedious time, thus be wise once you do a google hunt for Faucets. 3. MICRO TASKING The third system to earn your Bitcoin is by small tasking. Small tasking is websites that pay their users using Bitcoins for finishing tasks like to fill up surveys, watch videos and register for brand new services. You'll register for free, and the jobs can be done on your own time! COINWORKER – is one example of a small tasking website. 4. SUPPLYING BITCOIN RELATED SERVICES The fourth method is, you'll gain Bitcoin by giving Bitcoin related services. There are few individuals apprehend that you get paid with Bitcoin rather than Fiat Currency for giving Bitcoin linked services. If you to know what kind of services, you may check out Reddit.com/r/Jobs4Bitcoins Coinality.com Bitwage.com Xbtfreelancer.com and BitGigs.com are sites that provide you with current updates on Bitcoin jobs updated online. You can additionally check out Bit
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