How Bitislands Plans to Turn All of Bali into 'Bitcoin Paradise'
Tourists traveling to the tropical holiday island of Bali would "only need to bring bitcoin" under a new initiative called 'Bitislands' that is aiming to convince all local businesses to accept the digital currency, including money changers. While there are several moves to create 'Bitcoin Boulevards' around the world in certain neighborhoods, this is the first attempt to convert an entire island. The social experiment is sponsored by Bitcoin.co.id (also known as Bitcoin Indonesia), Indonesia's largest exchange and bitcoin lobby group. Bitcoin Indonesia's co-founder and CEO Oscar Darmawan....
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A new Bali-based booking agency is aiming to make it easier for people to travel in the region using bitcoin. BitcoinTour allows users to exchange their digital currency for hotel, train and flight reservations, as well as tour bookings. Airlines supported by the firm include Air Asia, Citilink and Lion Air. The agency also claims to support "almost all" of the starred hotels in Indonesia. The organisation has been set up as part of Bali's BitIslands initiative, which aims to turn the popular Indonesian tourist destination into a 'bitcoin paradise'. The company also accepts payments in....
Indonesia, one of the world's most beautiful archipelagoes and travel destinations, has had a consistent increase in bitcoin adoption at popular tourist spots including Bali, Jakarta and Denpasar, since the launch of BitIslands in March 2014. Initiated by the largest Indonesian Bitcoin exchange Bitcoin Indonesia, the project was sponsored by leading Bitcoin merchant platforms and mobile services in Asia, including a Singaporean startup Coin of Sale, Artabit, CoinPip, Quantified, Tukarcash and Bitwyre. Since 2014, Bitcoin Indonesia continued to aggressively push the project in Bali, where....
This November, 19 bitcoin entrepreneurs are gathering, during four weeks, to live, work, and learn together on the island of Bali, for the first ever Bitcoin Bali Binge. It is a beta test for creating frequent international crypto-retreats, where those crypto enthusiasts working to help the world catch up with the tech can flock together and you can join them if you like! The whole idea is to spend four weeks in a networking adventure, while building awesome world changing projects in paradise and with the contribute of all. Between deliciously healthy cuisine, ceremonies with the locals,....
Indonesia, the fourth-largest country in the world by its population, shows a rapid advancement of cryptocurrency-related technologies. BitBot, a new mobile application available for Android users, barges in as a new solution to make it easier for people to trade Bitcoin using indonesian fiat currency, the Rupiah. Though the crypto trading market in Indonesia is still not as big as in many western countries, the trading volume in Bitcoin is quite impressive. Hundreds of merchants have begun accepting payments in Bitcoin as well, especially in Bali due to the existence of the Bitislands....
We have obviously heard of stores that accept bitcoins. Then came "Bitcoin boulevards" - and now one initiative is trying to create a set of Bitcoin islands. The founder and CEO of Bitcoin Indonesia, Oscar Darmawan, has been making efforts to make Bali the first "bit islands." Recently the founder of Coin Of Sale, Tomas Forgac, partnered up for the project; however, several other Bitcoin payment processors are supporting the vision such as Artabit.com, CoinPip.com, and TukarCash.com. Oscar Darmawan is "currently managing [the] biggest Bitcoin Exchanger in Indonesia and act[s] as spoke....