Thailand recently said that it was teaming up with local coin companies and exchanges to accept digital coins for travel because of the COVID 19 pandemic. This form of tourism, known as criptotourism, caters to enthusiasts of virtual coins by offering them packaged tours that can be paid for with digital currency. Travelers can make payments with no high ATM fees, currency conversion rates, and other cryptocurrencies by usingBitcoin and other cryptocurrencies.
According to a Bloomberg report, the Tourism Authority of Thailand TAT was planning to target newly-minted criptocurrency millionaires. The state of Thailand Governor Yuthasak Supasorn said that if people who are wealthy from holding digital currencies can use the coins without having to exchange it or face government taxes, it would create convenience for them. Cryptotourism is a form of travel in which they can pay for their travels, especially if they use the coins to pay for their travels. If you hold cryptocurrencies likeBitcoins, you can use them to pay for your hotel, food, and other amenities. Cruises with a wide variety of amenities for enthusiasts of cryptocurrencies are included in some of the programmes.
In the past, CoinsBank, the tourism arm of the company, has organized a series of criptocurrencies that have gained a lot of attention, including a cruise company in Edinburg, Scotland. The last cruise was held between June 9 and 13, 2019. The trip started in Barcelona and ended in Rome. The global conference was held on Royal Caribbean Seas, which made stops in Palma de Mallorca, Marseille and La Spezia. The event brought together decision-makers for four days of panel discussions and other activities.
Travellers using digital coins on their vacations is another type of criptocurrency tourism. A number of tour companies in Queensland, Australia, have included cryptocurrencies in their holiday packages to experience the Great Barrier Reef. Tourists were able to book reef tours, surfing lessons, and environmental trips using digital currency.
In September, El Salvador became the first country to useBitcoin as a legal curreny. If more countries follow suit, this could be a game-changer for travel criptocurrency.