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I’ve bought a lot of stuff with . Coffee, groceries, clothes… all very necessary but also quite ordinary. Last week, I signed up for a membership at , a co-working space in Bali and I paid for it with bitcoin. It was honestly the best bitcoin purchase I’ve ever made.
Why? The membership was priced in $USD, but since I was paying with bitcoin, I didn’t need to bother with the conversion fees. It was also instant, so my spot was confirmed immediately, instead of having to wait 3 days for my money to go through. It was also just awesome , because it worked so smoothly.
But the real reason was because I was just so productive at Hubud. Remote work is something I’ve never done before, so I was a little skeptical of how much work I’d get done, but it was worth it. I’m no digital nomad, and I was only there for a week but the change of scenery is refreshing from the big city life.
Several others from the CoinJar Team have visited Hubud before and here’s our top 8 reasons why you should too.
“Our members operate and work transnationally and any way that they can pay for things easily and with low/no fees is huge for them and therefore us! One of our members, Gary, started the Bitcoin movement in Bali and we host every Tuesday at Hubud.”
The need to is most prevalent to me when I travel. The fees I pay for my traditional banking cards are exorbitant and I wish I didn’t have to rely on something that’s failed me so many times before. Especially for an island like Bali that attracts thousands of tourists a month, bitcoin just makes sense. Use cases like Hubud are prime examples of how powerful a global currency with instant and practically free transactions can be.
Still don’t get it? Read more on , and .
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Article by Zhoe Low— Communications Strategist at . Tweet her @zhoelow
Photos by Carol Da Riva available under a Creative Commons Attribution 2.0.
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