{"id":325,"date":"2013-11-17T14:43:00","date_gmt":"2013-11-17T14:43:00","guid":{"rendered":"http:\/\/blog.holytransaction.com\/bitcoin-couple-travels-world-using\/"},"modified":"2022-12-12T21:47:26","modified_gmt":"2022-12-12T19:47:26","slug":"bitcoin-couple-travels-world-using","status":"publish","type":"post","link":"https:\/\/holytransaction.com\/blog\/2013\/11\/bitcoin-couple-travels-world-using.html","title":{"rendered":"Bitcoin couple travels the world using virtual cash"},"content":{"rendered":"<p>&#8220;In bitcoin,&#8221; Austin Craig repeated to the young woman behind the<br \/>\ncounter at the Lean Crust Pizza parlor in the Fort Greene neighborhood<br \/>\nof Brooklyn, N.Y. &#8220;Can we pay in bitcoin?&#8221;<\/p>\n<div class=\"body-slot-mod\">\n<div class=\"yom-remote\">\n<div id=\"mediacontentrelatedstory_container\" class=\"\"><\/div>\n<\/div>\n<\/div>\n<p>&#8220;In what?&#8221; came the reply.<\/p>\n<p>Mr. Craig, 30<br \/>\nyears old, was struggling to convince Nadia Alamgir of the existence of<br \/>\nthe virtual currency that has gained traction across the world, and<br \/>\nwhose value\u2014after months of wild swings\u2014on Wednesday reached records<br \/>\naround $400 per bitcoin.<\/p>\n<p>It was midway through a tricontinental<br \/>\nodyssey taken with his wife, Beccy Bingham-Craig, 29, and a film crew<br \/>\ndocumenting their travails, which started in Provo, Utah. Their mission:<br \/>\nto live on bitcoin alone.<\/p>\n<p>&#8220;It&#8217;s been consistently inconvenient<br \/>\nand occasionally frustrating,&#8221; Mr. Craig said outside Lean Crust, &#8220;but<br \/>\nnever impossible.&#8221; Lean Crust advertised itself as bitcoin-friendly but<br \/>\nhadn&#8217;t seen much virtual foot traffic. Ms. Alamgir eventually contacted<br \/>\nthe store&#8217;s owner, who arrived and processed the transaction, allowing<br \/>\nMr. Craig to munch on several slices.<\/p>\n<p>Lean Crust, though, is one<br \/>\nof a tiny but growing number of stores, travel agents and online<br \/>\nmerchants starting to accept the once-obscure digital currency as a<br \/>\nmeans of payment. Bitcoin doesn&#8217;t exist, except in the virtual world,<br \/>\nand can only be passed from one person to another electronically. Its<br \/>\norigins are murky: Conventional wisdom says a man or group of people<br \/>\ngoing by the name Satoshi Nakamoto created bitcoin in 2009, stoking<br \/>\ndemand by making it obtainable only through complicated algorithmic<br \/>\nsearches by powerful computers.<\/p>\n<p>But in the past 12 months, the<br \/>\nbitcoin zeitgeist has taken on a life of its own. The currency is<br \/>\ndiscussed at investing conferences now. The Winklevoss twins, known for<br \/>\ntheir fight with Facebook Inc. founder Mark Zuckerberg, have started a<br \/>\nbitcoin fund. It also has gained the attention of regulators who worry<br \/>\nit can be used to launder money.<\/p>\n<p>For the Craigs, bitcoin represented a chance at adventure\u2014and an underground movie career.<\/p>\n<p>They<br \/>\nbegan their trek in October by driving east from Provo in Ms.<br \/>\nBingham-Craig&#8217;s 2004 Volkswagen Jetta. After arriving in New York on<br \/>\nOct 17, they flew to Stockholm, Berlin and Singapore before eventually<br \/>\nreturning to Provo. In the end, they lasted 101 days, from July 23 to<br \/>\nNov 1.<\/p>\n<p>The Craigs weren&#8217;t part of the bitcoin underground when<br \/>\nthey began the project. Mr. Craig said he first heard of the currency in<br \/>\n2011 and then came up with the plan to live and <a href=\"https:\/\/holytransaction.com\/blog\/2017\/02\/blockchain-tourism.html\">travel solely on<\/a><br \/>\nbitcoin.<br \/>\n&#8220;I&#8217;m really excited about bitcoin and its future,&#8221; Mr. Craig said. &#8220;It&#8217;s a reimagining of money.&#8221;<\/p>\n<p>Starting<br \/>\nJuly 23, the day they returned from their honeymoon, the Craigs paid<br \/>\nfor everything with bitcoin, from rent to food to gas. At that time, one<br \/>\nbitcoin was worth about $98, based on trading at the Tokyo-based Mt.<br \/>\nGox exchange, a primary exchange bitcoin enthusiasts have tracked.<\/p>\n<div id=\"yui_3_9_1_1_1384698888846_1132\">During<br \/>\nthe trip, they had to not only introduce a number of people to the<br \/>\nfledging currency but to persuade them to use it. After a few weeks of<br \/>\nprodding, their landlord, Justin James, agreed to the plan\u2014with the<br \/>\nsweetener of a small premium over the rent\u2014and set up his own bitcoin<br \/>\naccount.<\/div>\n<div id=\"yui_3_9_1_1_1384698888846_1132\"><\/div>\n<p>&#8220;In the end,&#8221; Mr. James said, &#8220;it hasn&#8217;t been as much of<br \/>\nan inconvenience as I thought it would be.&#8221; While he hasn&#8217;t become a<br \/>\nconvert, he did say he thought the experiment sounded like fun and was<br \/>\n&#8220;happy to be a part of it.&#8221;<\/p>\n<p>Open your free digital wallet <a href=\"https:\/\/holytransaction.com\/app#!\/signup\">here<\/a> to store your cryptocurrencies in a safe place.<\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>&#8220;In bitcoin,&#8221; Austin Craig repeated to the young woman behind the counter at the Lean Crust Pizza parlor in the Fort Greene neighborhood of Brooklyn, N.Y. &#8220;Can we pay in bitcoin?&#8221; &#8220;In what?&#8221; came the reply. Mr. Craig, 30 years old, was struggling to convince Nadia Alamgir of the existence of the virtual currency that [&hellip;]<!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons generic via filter on get_the_excerpt --><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37,76,468,656],"tags":[764,1126,1307],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v19.6 (Yoast SEO v22.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Bitcoin couple travels the world using virtual cash -<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/holytransaction.com\/blog\/2013\/11\/bitcoin-couple-travels-world-using.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bitcoin couple travels the world using virtual cash\" \/>\n<meta property=\"og:description\" content=\"&#8220;In bitcoin,&#8221; Austin Craig repeated to the young woman behind the counter at the Lean Crust Pizza parlor in the Fort Greene neighborhood of Brooklyn, N.Y. &#8220;Can we pay in bitcoin?&#8221; &#8220;In what?&#8221; came the reply. 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