TO BE PAY OR NOT TO PAY …. IS THE QUESTION NOW & HOW ???
Is it really possible today to travel somewhere as a tourist and pay all expenses in cryptocurrency?
At the moment it is hardly possible.
WHY?
It is true that there are several sites that try and somewhat succeed in mediating the payment of services in cryptocurrencies.
However, direct payment of users to hotels, carriers, markets, restaurants, etc. is still a very rare phenomenon.
The main obstacle in addition to legal regulations in the countries is the huge volatility (price oscillation) of cryptocurrencies. This means that when making a reservation with a service, the price is one, and after only a few hours and often minutes, the price can be higher or lower.
In those cases, someone always loses: either the user or the service provider. This situation prevents quite a number of service providers from deciding to accept payments in crypto currencies.
An equally serious obstacle in this regard is the legislation on crypto-currencies in most countries. it is often not there at all, or crypto is prohibited, or if there is even some legal regulation, it is sketchy and imprecise.
However, there are service providers who decide to take this step.
For example, in the Balkans in the country of Croatia, a large chain of consumer goods stores under the name “Konzum” introduced the possibility of legal payment in as many as 10 cryptocurrencies directly at the cash registers. Legal, of course, and that means that even for this method of payment, users receive a fiscal invoice in an orderly manner, just as if they had paid in cash or with a payment card.
How they managed to do it, the authors of this blog do not yet know. We will try to get that information as well, so that as many service providers as possible have an insight that this is possible – if the country they are in supports crypto, as does the state of Croatia.
TOURISM PAYMENT WITH CRYPTO?
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