Last updated on May 10th, 2021 at 01:42 am
New digital currencies or cryptocurrencies are the perfect new travel money in the future. Well, it is crystal clear that it will be. And If I say it today, No many travelers would believe that anyways; furthermore, since the BTC was credited as the World’s first digital currency bitcoin transaction on 12 January 2009. however, revolutionary decentralized digital currency blockchain technologies well stable today. Also, it is getting much closer to fulfill daily financial needs. So, Why would I say that cryptocurrencies are the best new travel money in the future? Unlike own government currencies, decentralized digital currencies have given opportunities to invest and easy money transaction solutions globally. So, What exactly travelers need today.
Yes, Cryptocurrencies Are The Best New travel money. However, some of the supportive evidence is below to prove our travel currency’s evolutionary future.
Traveling For Business
Cryptocurrency Debit Cards & Cheaper Cash Withdrawal
Easy Online Transections
Makes International Exchange Of Money Hassle-Free
Business, backpacking, holidaymakers, or your purposes of traveling to another country, You may need immediate cash in your hand. Getting cash at no time can be a Hassle. However, banks are charging more money anyway. Also, the time cost. Cryptocurrencies Are The Best New travel money because it has no time cost, fewer transaction charges. Therefore, decentralized blockchain receiving Money & Sending Money Without Extra Cost. Also, fastest you could get nowadays. Most importantly, No Effect Of Exchange Rates. So, What that? The best cost-effective global money transaction solution.
Most of the blockchain technologies are built with cross-platform capability. The best example is the XRP decentralized coins as well as a blockchains database technology. Moreover, Ripple Labs is inspired to announce Smart Oracle’s base next-generation smart APP, simple and the most flexible one in the future.
Business travelers are mostly spending billions of dollars as bank charges. And the lost value of money over exchange rate tremendous— As we know, frequent travelers send and receive money overseas in large amounts. So, Imagine the use of decentralized blockchain technologies in the future. And stop giving money to bloodsucking bankers because it is an illegal commission. Also, Crypto is the best currency for investors to save money when they invest in a foreign country.
No Middle Platform
Decentralized cryptocurrencies are the only money that can transfer from one to another destination without a middleman. So, the system is more efficient and less costly in unexpected ways. By the way, it can be a big blow-up to traditional banking systems.
Cryptocurrency Debit Cards & Cheaper Cash Withdrawal
Cryptocurrency Debit Cards already in use in a few different countries like
Vietnam and many more yet to join. Even though it may not be so popular today, but it is sooner.
Easy Online Transections
Many online financial companies are integrating their platforms to blockchains technologies. And much more enormous and medium scale microfinance retails, and utility companies are adapting their business as future needs.
Best Cryptocurrencies For Travellers
After all, many travelers have no many ideas about digital currencies. And what to buy, where to buy, and how to use cryptos.
What is the best Cryptocurrency to invest in right now? And What Cryptocurrencies Are The Best?
Since BTC first. Then, many blockchain companies in the digital currency market nowadays. So, many travels have confusion about the best cryptocurrencies to travel or invest in and use as money. So, I would like to give some basic ideas here for you to have easy choices. Digital currencies are fundamentally divided into two main categories as stable coins and nonstable coins. Many traders like mostly nonstable coins than stable coins because it makes it much easier for them to earn quick cash. The reason why is that, nonstable currencies can be highly volatile. In this case, I would like to give you the names of stable and nonstable coins below.
Moreover, various digital currency experts are predicting BTC as future digital gold. Realistically, as you are an ordinary person or traveler, you may not hold the sizeable quantity of gold because it is so heavy. Also, unable to move faster. Well, the solution here, use-value storage electronically like BTC or ETH. BTC will be pharmaceutical grade in the future.
Bitcoin Is The Best New Travel Asset and Money.
By the way, BTC is the dominant digital currency as its first one. Also, the BTC algorithm only capable of mine 21millions. So, I would use Bitcoins as an asset other than transactions.
Financial Institutions With The Biggest Bitcoin Holding
Galaxy Digital Holdings
Bitwise 10 Crypto Index Fund
Ruffer Investment Company
ETC Group Bitcoin ETP (BTCE
3iQ The Bitcoin Fund
Grayscale Bitcoin Trust
Grayscale Digital Large Cap Fund
JPM announced to have BTC holding
Ethereum & Bitcoin Cash – Cryptocurrencies Are The Best New Travel Money
ETH only 100 million & BCH only 21,000,000 – These two coins will be the next BTC. Both coins are the best to use as assets in the future.
XRP – One of The Best Cryptocurrencies To Be Used As Travel Money
XRP is the most sustainable coin ever invented. The best about XRP has no mining pool. And It is time base puzzle. So no electricity needs for mine as BTC, ETH, or any other. Also, Rippe’s blockchain design to replace the traditional banking system with the lowest transaction fees. So, XRP one of the best cryptocurrencies for travel money in the future. By the way, XRP 100,000,000,000 – best coins for the global transaction. Notably, the smart oracle Ripple lab contract is created to interact with multiple networks within the virtual environment and any online services such as PayPal, Google, eBay, etc., or even other Internet protocols, such as SSH, LDAP, SMTP, and XMPP.
XUMM is a decentralized Ripple Lab app that combines all traditional online banking functions in one smart application. The intelligent application has been developing by XRPL.
Stable Coins – USDT, TUSD, USDC, BUSD, and PAX – Cryptocurrencies Are The Best New travel money
USDT is another great one but no information about maximum circulation. But current circulating Supply around 19,768,995,599 USDT. However, keeping our fund in stable coins would give us extra benefits like easy transaction and cheap cost. Also, the value is well stable, and nothing to worry about losing your holding weight. Prime example, I have transferred a 2000 USDT to the Bitmart exchange platform through BSC blockchain, and it costs me only 0.8 USDT.
Some Other Best Cryptocurrencies
- LTC only 85 million
- ETC 210,700,000
- LINK 1,000,000,000
- ADA only 26 billion
- DOT 886,803,277
- BNB only 176,406,561 – Binance coins another best one for global transactions because of low transaction fees.
- XLM only 19 billion
- NEO only 65 million
- EOS only 944 million
- BSV 21,000,000
- TRX 100,000,000,000
- XEM only 8,999,999,999
- VET 86,712,634,466
- Fil 2,000,000,000
- SAFEMOON could be another one near future
Who Would Accepting Cryptocurrencies as Payment?
BTC, XRP, ETH, OMG, EOS, and many more cryptos have taken over the cryptocurrency market already. Many banks, retail as well many travel companies are already accepting. Also, other under integrating the system or under consideration. I have given a list of mostly travel-related below.
- Australian Post
- Norwegian Air
- Expedia booking – Accommodations and travel-related
- Virgin Galactic
- AIRBNB – Accommodation
- Pornhub – Adult entertainment
- Naughty America – Adult entertainment provider
- CheapAir – air tickets
- Bitcoin Travel – travel tourism.
- Burger King
- Pizza Hut
- Dallas Mavericks
- Miami Dolphins
- WebJet – Online travel agency
- Whole Foods
- Green Energy
- Alternative Airlines, Latvian airline, airBaltic (Dogecoin)
How To Buy Cryptocurrencies
We can’t buy cryptocurrencies in a supermarket as we know. The best way to believe it is to find well trusted and cryptocurrencies exchange platforms. First of all, we should consider a few key points before choosing the exchange platform, such as security, location, and creditability.
- Authenticity and security of the funds
- Method of purchase crypto
- Supported tokens types
- trading locations
- Trading platform, P2P exchange
- User interface and user friendly
I want to recommend you to buy coins on some of the best exchange platforms as far as I know. The list below
Binance is a digital crypto exchange that provides a platform for trading as well as saving wallets. Also, the platform offers various blockchains related specialized service. Binance is one of the most extensive digital currency exchange facilities providers globally due to its most enormous treading volume.
- BTC market – very simple and user-friendly best in Australia
- Coinbase and Coinbase Pro – Best Overall
- Cash App – Best for Beginners
- Bisq – Best Decentralized Exchange
Are Cryptocurrencies The Best New Travel Money and Is Our Future In order?
The State-Of-the-Art blockchain database technology potentially in place in many aspects of the future. Surprisingly, Voting. Smart contracts can also be used in Law enforcement, democratic & bureaucratic, and other control structures such as constitutional power devotions. On the other hand, Cryptocurrencies The Best New Travel Money without any questions. Most importantly, a new blockchain solution had fix travel community issues with global money transactions. Also, it has given great investment opportunities to earn money while traveling the World.
Non-Fungible Token – NFT
Previously know as Bitcoin 2.0 is a unit of data storage on digital ledger blockchain. However, Non-funible tokens can be used to store value represent digital assets like photos, videos, audio, and other types of digital files. By the way, technology is changing day by day. As we are users, we need to keep up. However, most NFT coins run on Ethereum blockchain or Binance chine are most likely NFT capability.
3 Most Important Key Factors Before Invest in Cryptos
What is Crypto Fundamental Analysis
Deep Fundamental analysis essential but simple. However, fundamental tools to be used learn the natural value of assets or business. By the way, the tool could use to look up the deep study of internal and external factors of the investment. Fundamentally how it applies to crypts, such as
Mining or Non-mineable
NFT cross-platform capability
How fast transections
Decentralized or centralized
Fundamental Analysis vs Technical Analysis ( FA – TA)
Earnings per share (EPS)
Price-to-earnings (P/E) ratio
Price-to-book (P/B) ratio
Price/earnings-to-growth (PEG) ratio
Network value-to-transactions (NVT) ratio
Whitepaper, team, and roadmap
The Parabolic SAR calculation – another best technical analyst to be applied
The sentimental impact is the most sensitive section when it comes to cryptocurrencies business—any social changes and geopolitical changes, social media & reputation, and overall financial market strengths heavily impact the crypto market day today.
Best Few examples
Covid-19 early crash 2020
Regulated fear early 2021 crash
Dogecoin’s price up Elon Musk tweet
Financial institutional influences
If GOV considered outlaw cryptos
Technological issues like exchange platform scam or cyber attacks
Well, Keep your crypto assets on exchange wallets can be dangerous in some cases. Because the exchange platform could be closed down or a scam occurred. On the other hand, cyber-attacks. So, I have found one of the best hard wallets to keep your digital value safely.
Ledger Nano X
New Ledger Nano X would give you better security as well as different Blockchains storage capability safely.
After all, I would say ” CRYPTOCURRENCIES ARE THE PERFECT NEW TRAVEL MONEY