- Budget travel agencies are allowing payments using bitcoin
- Russian bar chain Killfish will let customers pay for drinks with cryptocurrencies
The World Cup typically brings a lot of revenue to the country hosting it. This is also true for related businesses as well. As a result, several service providers are starting to include bitcoin, as well as other digital currencies for payment methods in order to reach a new customer base and stay on top of technological innovations.
Why This Matters: First up we have travel and lodging. If you’re looking to fly to the host country Russia in order to watch the games in person, you can pay for your flight using bitcoin. There are several companies that have started to accept the digital currency and in some cases also accommodations. Budget travel agencies like CheapAir and Destinia allow payments using bitcoin. The hospitality industry is very sensitive to such trends. A Russian hotel chain called Malina recently announced its decision to allow customers to pay the fees associated with their services in bitcoin, as well as other cryptocurrencies.
You can also put your money where your mouth is as a fan and bet on the game. Established sport betting platforms have started to integrate cryptocurrency payments. Some of the platforms that accept fiat currency as well as bitcoin include Intertops and Bodog. Just in case you become a bit parched while watching the games, it’s possible to pay for your drinks with bitcoin at a Russian bar chain called Killfish.
Situational Awareness: Before embarking on World Cup gambling, it is important to note there are a significant number of platforms on the Internet masquerading as legitimate betting sites. Many of them are only out to fleece you of your digital currency holdings. With this in mind, it is best to conduct adequate research before using any bitcoin betting platform.
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