BITCOIN

TABLE OF CONTENT

• Introduction
• Pros & Cons
• Usage
• Application in Tourism
• Conclusion

INTRODUCTION

PROS.

1. Free
2. Fast
3. Non-inflationary

CONS.

1. Legal Status
2. Unstable
3. Less secure

1. Get it online, via trading exchange or Bitcoin ATM

2. Set up Bitcoin wallet (Mobile, Web, Hardware and Paper)

3. Create a public Bitcoin address

4. Trail transaction

APPLICATION IN TOURISM

CONCLUSION

REFERENCES

• Bitcoin & Cryptocurrency News. (2017). What Are The Advantages And Disadvantages Of Bitcoins ?. [online] Available at: https://kryptomoney.com/advantages-and-disadvantages-of-bitcoins/ [Accessed 11 Mar. 2018].
• Blockchain for travel. (2017). [video] Available at: https://www.youtube.com/watch?v=YpS0zoJ9wCU [Accessed 11 Mar. 2018].
• wikiHow. (2018). How to Use Bitcoin. [online] Available at: https://www.wikihow.com/Use-Bitcoin [Accessed 11 Mar. 2018].
• Travel to Australia by bitcoin. (2017). [video] Available at: https://www.youtube.com/watch?vATWnayeeeYQ [Accessed 11 Mar. 2018].
• Cointelegraph.com. (2016). What is Bitcoin? History, characteristics, pros and cons. [online] Available at: https://cointelegraph.com/bitcoin-for-beginners/what-is- bitcoin#it-cant-be-counterfeited [Accessed 11 Mar. 2018].
• Fortune. (2016). Risk of Bitcoin Hacks and Losses Is Very Real. [online] Available at: http://fortune.com/2016/08/29/risk-of-bitcoin-hacking-is-real/ [Accessed 11 Mar. 2018].
• NewsBTC. (2017). Can the Hotel Industry Benefit From Blockchain Technology? | NewsBTC. [online] Available at: https://www.newsbtc.com/2017/10/03/can-hotel- industry-benefit-blockchain-technology/ [Accessed 11 Mar. 2018].