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IPFS News Link • Currencies

From Malta To Prague: Mapping The Most Crypto-Friendly Travel Destination?

• https://www.zerohedge.com, by Stephen O'Neal

According to data from Coinmap, currently there are around 13,150 venues, shops and ATMssupporting Bitcoin on the planet, and that number has been unhesitatingly growing since late 2013.

However, as Gili Gershonok, a crypto nomad who deliberately chooses not to have a bank account, told Cointelegraph, ignoring fiat money while travelling becomes more difficult, as all of the crypto prepaid cards she heavily relied on were canceled in early 2018.

"I feel like more and more barriers are being set against folks who dare to have a lifestyle that's off the financial grid… The process of going crypto-to-cash is getting more complicated, especially for those who prefer to keep their privacy and avoid high fees — both highly prioritized values across the crypto community."

All of that being said, Gershonok reassured that traveling with BTC is still possible, drawing a parallel between crypto and casual tourists:

"I don't think there's a huge difference in the financial behaviors of [the two]. In Prague, I mostly keep to cash, which I can easily withdraw out of one of many crypto ATMs across the city. I try to find crypto payment options for online transactions and as the cliché goes, for everything else — there's plastic."


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