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Thank you for sharing! What a wonderful place it must have been! Any experiences with the black market, specifically the currency markets? How do they work? What is available, and what not?
Hi Miles! Congrats on the launch(es). Super cool stuff, very excited for you!
I tried some of it out yesterday, despite (only) being in Canada.
- One friend seemed to not have a lightning address associated with their cash tag. Is he supposed to? Or does he have to sign up for something else?
- I saw in the videos that users have the option to pay from their USD balance. Is this only available when paying to Square merchants? Or to all merchants?
- And finally: When Canada!
Even the land is a huge bet on future policy, demographics and city development. Almost all of Japan is still cheaper now than it was in the 90s
There's definitely a great local community that appreciates using Bitcoin, and one of the few cities globally that people move to because of the local scene
Great idea! I also have a list of the places as a kmz file if you're interested in that, but can't upload it here
I mainly used BTCMap, plus I asked locals for recommendations. Looking at the map, I don't think I'll be posting a Vienna Trip Report anytime soon...
I don't think it's liquidity, both SGD and HKD are freely convertible and easy to swap. Also, why would they have different exchange rates for different SGD products?
It seems they are hiding costs in the exchange rates
In my experience the exchange rates (USD, EUR, CAD) have always been fair in the past. Their Lightning node is also well-managed, so there are usually no significant routing fees.
But you're right, the card in question has an absurd exchange rate, regardless of what you pay with. I also checked for the Ikea and Grab SGD vouchers, and it seems like they use at least three different exchange rates for SGD/USD, then apply a fair rate for USD/BTC.
I also checked for HKD, and the 7-Eleven vouchers are also marked up by 8%, the Foodpanda cards were marked up 10%.
For CAD or EUR I couldn't find any cards with a markup. Glad you noticed, will look carefully in the future!
I agree, Canada shouldn't miss this historic opportunity. They might have to legalize housing and healthcare, though!
Flying sucks generally, and lounges are just a way to upsell you on a slightly less bad experience. Trains in Europe or Asia are amazing, especially when the station is downtown. You can sip aperitivos in a cute local cafe, then ten minutes later speed with 200mph towards your destination. No security, no queues, no faux status upgrades. I'll always take a 6h train ride over a 1h flight.
Very cool, thanks for sharing!