Passport, sunglasses, beach towel, Bitcoin (BTC)? A vacationing BTC enthusiast has demonstrated that the world’s largest cryptocurrency could soon become a vacation staple. Eugenio, a Costa Rican bitcoin maximalist, paid for his vacation with just bitcoin in his wallet during a long weekend on the Pacific coast of Costa Rica.
A hotspot for bitcoin adoption and real-life whale watching, the towns of Uvita, Dominical, and Ojochal are home to Bitcoin Jungle, a project inspired by the bitcoin beach, as well as a burgeoning community of supportive merchants. to Bitcoin. Eugenio has documented all of his destination bitcoin vacations on Twitter. He told Cointelegraph: “The only fiat I had to use was to fill the tank [of the car] Before leaving.
I just got 100% #Bitcoins vacations in Uvita, Dominical and Ojochal #CostaRica thanks to the work of @BitcoinJungleCR creating a circular economy and supporting many merchants and businesses. Zero fiat was used, no banks involved, no trusted third parties, just real money. pic.twitter.com/YrcQfIumfx
— disrespectful Eugenio Crypto (@E_moonwatcher) July 18, 2022
Eugenio explained that he wanted to support adoption and show that everyone can do the same, in a convenient and fun way, “using Lightning Network seamlessly, with no payment processors or banks involved.”
“I wanted to be able to pay for my little sister’s ice cream while I was at the beach, for example.
Eugenio paid more than his sister’s ice cream: he paid for pizzas, coffees, steaks and even a trip to the market for kombucha with Bitcoin.
Apparently the merchants asked, “Do you want to pay with Lighting or on-chain?” On-chain transactions take an average of 10 minutes to confirm, are slow and sometimes expensive. Flash trades are near instantaneous, near free, and are “win-wins for me and for merchants,” Eugenio explained.
“It’s extremely convenient, Bitcoin is money. You can use it to spend and use it to save, you can do both easily without the fees and hurdles built into the legacy system, and you You can always redeem the sats with the fiat you were going to use in the first place.”
The Lightning Network is quietly spreading and examples of its adoption are slowly spreading like roots that spread across the world. From British families to Senegalese surfers, the appetite for transactions on Lightning means more and more Bitcoin is being used on layer two platforms.
Related: Andorra gives bitcoin and blockchain green light with digital assets law
Eugenio shares some tips for those hesitant to use the LN or an event to visit Costa Rica. A proud Tico (Costa Rican), he suggests, “Don’t think too much about it. The place is beautiful, safe, full of nature and adventure. Use the Bitcoin Jungle Business card for advice and a Lightning wallet.
The place is embracing bitcoin “organically,” and some locals are proud to accept bitcoin, Eugenio told Cointelegraph.
According to the map above, there are a growing number of merchants across Costa Rica who are accepting Bitcoin “with a smile”. With summer vacation in full swing, bitcoin wallets could be on shopping lists around the world, alongside passports, sunglasses and sunscreen.