We’re taking Bitcoin adoption to new places
TravelbyBit is the best way to see new places using digital currency.
Today, we’re pleased to announce we’ve joined Steemit and we’re ready to meet and help introduce everyone to our initiative Down Under.
Who are we?
We’re a team of passionate travellers and cryptocurrency enthusiasts who want to bring new possibilities for the Bitcoin community to travel with freedom around the world, starting with Queensland, Australia.
We’re growing a network of merchants around Australia that accepts payment in cryptocurrencies like Bitcoin, using a peer to peer point-of-sale system.
Here’s a short video about our initiative and how it’s being used by people from around the world:
If you’re here in Queensland, you can start experiencing the city in a brand new way by using our network of crypto-accepting merchants excited to meet their new customers. If you’re overseas, now you can travel to Queensland on crypto!
What makes us unique?
There are several initiatives now allowing Bitcoin payments through traditional debit cards. However, these use the traditional banking systems' Point of Sale terminals, and merchants and customers themselves aren't receiving much awareness about Bitcoin at all.
TravelbyBit’s approach is fundamentally different. We are building awareness in cryptocurrencies from the grassroots level.
Our merchants facilitate genuine peer-to-peer transactions. Through the use of digital wallets travellers pay with their choice of digital currency, creating an awareness of Bitcoin amongst the merchants, their staff, and their customers. It’s safe, convenient, and there are no bank fees.
Although customers pay in digital currencies like Bitcoin, the merchants can choose to receive payment in Bitcoin, fiat currency, or a combination. It's our vision that our merchants around Australia will begin to receive payment exclusively in cryptocurrencies like Bitcoin, use it to pay for business suppliers and even pay their staff in crypto.
Why do we believe in Bitcoin?
We believe that Bitcoin is changing the world. With Bitcoin, we can transfer value to anyone anywhere in the world without using a third party (like a bank).
This freedom releases the creative power of society through blockchain technology. And the added competition to the banking system reduces the costs of business and help make our economy efficient and more equitable.
One aspect that holds back Bitcoin’s full potential is the public's perception that there is no practical use for it. Building our merchant network will lead to significant visibility among the community and will change this perception.
Bitcoin has already brought a monumental shift in how human beings organise and relate to one another.
What’s in store for the future? We don’t know exactly, but we believe we’re at the very beginning.
Book your first Australian travel experience using TravelbyBit.