BCH makes sense for Silverblood because it is part of his income and is much simpler than other payment methods. A developer from Finland flew in August to Townsville, Australia for a two-and-a-half-month vacation, with one main objective in mind: to pay for everything with Bitcoin Cash (BCH).
"Bitcoin Cash City" refers to the coastal city of Townsville, whose name is derived from a 2019 conference of the same name. In Townsville, Silverblood said he was intrigued by the number of merchants and vendors accepting BCH as a payment method, and he planned to return once COVID-19 restrictions are lifted.
Townsville – a paradise for crypto payments
The developer and enthusiast Silverblood is passionate about Bitcoin Cash. His salary at General Protocols is paid in Bitcoin Cash for the last three years. “Going to this destination was entirely about using BCH and was also kind of an excuse to spend more than I usually do, while simultaneously getting more work done by letting family and kids have a vacation with their grandma,” he told Cointelegraph after he returned home from the trip.
“Using it to pay for things while I was there just made sense, partially because I already have my income paid in BCH, and partially because it's just so much less effort than some of the other forms of payment I use”.
During his 69 days in the city, he completed 130 Bitcoin Cash transactions. A few examples include food and various services in cafes, restaurants, and hotels, tooth extractions at the dentist, haircuts, and Steam Deck console repairs.
“Some days were pretty busy; we would buy breakfast, lunch, ice cream, bread and dinner, but sometimes my family wanted to go elsewhere rather than eat at the specific BCH accepting merchants”. Additionally, Silverblood paid gift cards to Steam and Netflix which are not based in Townsville.
Bitcoin Cash-funded vacations, however, weren't without problems.
Due to power issues with payment terminals, Silverblood says his experience with BCH as a payment method hasn't been "overwhelmingly successful"
“When I got to the airport in Townsville I also wanted to pay for a cab ride to the hotel, but a competing cab company bought up the cab company that took BCH, so that was no longer an option”. He also revealed that not all traders were open to the idea of using BCH because they didn't want to "complicate the bookkeeping" and "couldn't handle the volatility"
“For most merchants I spoke with during my trip, it seems to just be that the number of customers paying with crypto is just too small to motivate additional staff education costs, additional hardware like WiFi and payment terminals,” Silverblood said.
“Cryptocurrencies are here, and they work, but merchant adoption is slow and spread out, which makes it hard to live entirely off,” he added. Developer is confident that this will not be the last time he uses crypto to pay for goods and services.
“I will absolutely try and do something like this again, in just a few weeks, I’m flying over to another Bitcoin Cash hotspot, St Kitts, for the BCH 2022 conference,” he said. “I don’t know what to expect there though, I’ve heard everything from 100% all merchants accept it, only half do and merchants will accept it, but you need a special wallet”.