The article is about service providers, like payment processors, offering alternatives to far-right interests when incumbent providers refuse their business.
For a cryptocurrency to be useful, it would need to be accepted by the service provider. And I doubt you could pay for your anti-vax rally at the airport Radisson with crypto.
The payment processor in the article, Stripe, does indeed work with crypto businesses and allows users to keep a crypto balance, but you would need to convert to regular tender to book a room at a Radisson (at least according to their website).
Sadly for the hodlers, while you might be able to buy your coke and hookers with Dogecoin, the hotel will want a credit card on file.
You can get prepaid cards with crypto, so you could have the card on file with them. So, yes, it might be indirect, but you are still paying for your hotel with crypto. Heck, there’s even a travel agency that accepts crypto (which books hotels). https://www.travala.com/
Speaking from personal experience, prepaid cards rarely work for these types of transactions. If you think service providers don’t know the difference, you’re kidding yourself. There are good reasons to demand a real card.
See, this is where Monero would be helpful because it’s permissionless and nobody can tell you you can’t use it.
The article is about service providers, like payment processors, offering alternatives to far-right interests when incumbent providers refuse their business.
For a cryptocurrency to be useful, it would need to be accepted by the service provider. And I doubt you could pay for your anti-vax rally at the airport Radisson with crypto.
You can buy rooms there with crypto. So its possible.
No, unfortunately that is simply untrue.
The payment processor in the article, Stripe, does indeed work with crypto businesses and allows users to keep a crypto balance, but you would need to convert to regular tender to book a room at a Radisson (at least according to their website).
Sadly for the hodlers, while you might be able to buy your coke and hookers with Dogecoin, the hotel will want a credit card on file.
You can get prepaid cards with crypto, so you could have the card on file with them. So, yes, it might be indirect, but you are still paying for your hotel with crypto. Heck, there’s even a travel agency that accepts crypto (which books hotels). https://www.travala.com/
Speaking from personal experience, prepaid cards rarely work for these types of transactions. If you think service providers don’t know the difference, you’re kidding yourself. There are good reasons to demand a real card.
Right, in which case the travel agency listed above would work.
Ok buddy.