Brisbane Airport, Cryptocurrency accepted

airport cryptocurrency

The Brisbane Airport in Queensland made history today (4th June 2018) after announcing to be the airport in the world to accept cryptocurrency as a payment method. Apart from Bitcoin they also allow for other coins such as Dash, Ethereum, Litecoin, and Steem to be used. Most likely made possible by tools, such as Changelly.com.

The airport took the step to making digital currencies a mainstream after signing a contract with a small local startup “TravelbyBit Australia” which proved that you don’t need to be a big business to think big. According to the agreement, shops, bars, restaurants and airport lounges will also provide passengers the opportunity to pay for their services in cryptocurrency.

General Manager, Roel Hellemons says that this deal is a small step towards the future of business and innovation. 

In his interview for Travelmole, he explained his understanding of the cryptocurrency world. Many people have already invested, and they are almost universally excited to use digital currencies. Offering such an experience for cryptocurrency users makes a lot of sense for Roel.

Australia is one of the pioneers to officially treat cryptocurrency as money when in a budget statement on July 1, 2017, officially announced: 

“The Government will make it easier for new innovative digital currency businesses to operate in Australia. 

Purchases made with cryptocurrency will no longer be under the influence of the GST [Goods and Services Tax], allowing digital currencies to be treated just like money for GST purposes. 

Currently, consumers who use digital currencies can effectively bear GST twice. Once on the purchase of the digital money. Then another time when in use to exchange for other goods and services subject to the GST.”

Airport, Cryptocurrency, check. Spaceport next?

Regardless of the cryptocurrency skeptics, though their numbers are drastically reducing, the global economy, as we know it, has changed.

Whatever may be, one thing is for sure. Blockchain technology is revolutionizing the world as we know it, and we are all early adopters of this fantastic technology.

Independent cryptocurrency and technology journalist and team leader. Providing valuable, relevant, and timely news articles for clients around the clock.

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