Outside of traveling, photography, vehicles, and other interests, we have recently become involved in Cryptocurrency. We are still relatively new to this space. Several months ago we decided to dip our toes in the market to get a feel for it. Since then, we have jumped into the deep end.
After the metaphorical dive (us, not the market) we have learned a decent amount of information regarding the technology behind crypto, the markets, and of course, the coins/tokens themselves. Every day more knowledge and experience is gained. I make a conscious decision to digest as much information as I can on all things related to crypto. Why? Because I want to make informed, well-thought-out investments rather than just blindly handing money over in hopes of success.
-stock picture is a royalty-free image curtesy of Pixabay.com
I will be the first to admit, I have made several mistakes (learning points) since starting, and I'm sure I will make more along the way, but I have no problem calling myself out and sharing that information in future articles.
Goals
Our goals with any upcoming Cryptocurrency articles is to share our experiences, thoughts, failures, successes, and anything else that might be beneficial to people, especially those new to Cryptocurrency.
How Does Crypto Tie Into Travel?
What we have learned is, a lot of people within the "travel/adventure" community are also involved with crypto, which makes sense.
Here are a few of the reasons why I say this:
Paying for goods using Cryptocurrency while traveling reduces the amount of cash/cards needed to keep on your person
For international travelers, the ability to pay for goods or services with a currency (crypto) that is not affected by location or does not need to be exchanged for local currency (fiat) or needing to figure out exchange rates. For instance, if something costs 0.002 of a Bitcoin, the Bitcoin price is the same regardless of location. If something cost $16.85 (USD), the price is different depending on location, what fiat currency you have, and possible exchange rates.
-at the time of this article, 0.002 Bitcoin was worth approximately $16.85 USDHaving your money make money (depending on market direction) while traveling, but also having the ability to use that money as a means of payment without "cashing out"
Having immediate and personal access to exchanges without a delayed third party (investment firm, broker, etc.) response while traveling gives better control of your assets
Crypto is a more secure means of payment than credit/debit card, which allows for less concern of identity theft while traveling
Steemit...
By no means are we experts in this field. We are just starting, but that doesn't mean we can't share what we have learned with others.
We have no intention of abandoning our travel content; the Cryptocurrency related articles is what is known in south Louisiana as, Lagniappe (something given as a bonus or gratuity).
Since we believe in the possibilities of crypto and the crossover between it and travel, it only makes sense that we would cover this space too. We hope that you will continue with us as we journey down this new path.
I hope you found this article enlightening. If so, please feel free to interact with us in the comment section of this post.
Disclaimer: I am not a financial advisor, nor am I giving suggestions, recommendation, guidance, advice, or tips. I am simply stating my opinion and giving my observations of the market, Cryptocurrency, or other related topics. If you decide to act on or follow any of the information provided (past, present, or in the future) you are doing so on your own free will and not on my recommendation.
The world is a large place, and life is short. Together, we can accomplish much more than we ever could alone.
-Bourn Adventure