Bitcoin in laos and thailandhrvatski

Bitcoin in Vietnam: The North

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Vietnam is a country that is surrounded by maybe even more confusion regarding the Bitcoin situation, than Russia or China. Though relatively small in area, Vietnam has a large population of almost million and a fast growing economy. The potential for Bitcoin remittance market is huge, with more than 4 million living overseas, as well as other opportunities. So I was extremely curious to explore more about the real situation in Vietnam.

As we shall see, it is not as bad as it seems, not worse than China and possibly even better. I started by visiting Yolo, the only bar in Hanoi that was accepting Bitcoin but then stopped. It just ended by me participating in a drinking game and losing to a chubby Vietnamese guy who was an obvious champion.

I got a contact of the owner who explained that the reason was bitcoin in laos and thailandhrvatski his partner who was running the Bitcoin payments left. They also have good steak!

From left to right: Kien runs a large parenting website, Hoai studied in Belgium and has a web design company, Thao established Cao Lo Engineering company and Thanh is his cofounder. Kien runs a large parenting website that has aboutvisitors per day. He uses Bitcoin for advertising contracts. How he came to bitcoin in laos and thailandhrvatski Bitcoin is an interesting story in itself. Some time ago his servers were hacked and the attacker installed a mining operation on them. When Kien found out, he read more about Bitcoin, liked the technology and started using it.

So you could say he was lucky. Apart from the Internet services, I found it interesting that also a number bitcoin in laos and thailandhrvatski physical goods and services can be paid with Bitcoin in Vietnam. From bitcoin in laos and thailandhrvatski baby food to metal casings.

Apparently, there is a large Bitcoin transaction volume between companies that is taking place bitcoin in laos and thailandhrvatski the scenes. Bitcoin mining is also strong, Thao estimates that there are about people involved. I am not sure about the electricity prices, but possibly they are as cheap as in China or cheaper, which would explain the mining incentive.

Recent news regarding 3 Vietnamese Bitcoins miners had a positive resolution, and it seems rule of law is being followed in Vietnam despite some arbitrary police action. As Thao explains, the government issued a press release regarding Bitcoin, but not an official law. On the right is Dominik, a German guy and his girlfriend.

Thao and his partner Thanh already have a network of kiosks that can be used to purchase credits for online games, mobile phones etc. A prototype of a two-way BTM with a sleek design that will be made in Vietnam that Thao is working on. It will be priced bitcoin in laos and thailandhrvatski about 3, USD making it by far the cheapest on the market. Thong is selling salmon baby food for BTC and also ran a large mining farm. It is a snake, but prepared in the most interesting fashion. First, the throat is cut and blood collected in a glass.

Then, the still-beating heart is taken out to be eaten fresh and followed by blood mixed with rice spirit. In the meantime, the rest of the snake is prepared. Master's degree in information and communication technology. Currently working as software developer at Ericsson Nikola Tesla.

Interested in the future of technology. Login form protected by Login LockDown. Vietnam Part 1 — The North Vietnam is a country that is surrounded by maybe even more confusion regarding the Bitcoin situation, than Russia or China. Blood is collected from the snake…. The heart is taken out…. Vidreven Master's degree in bitcoin in laos and thailandhrvatski and communication technology.

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Laos has only two Bitcoin locations marked on coinmap. The first location was Utopia bar and restaurant in Luang Prabang. So these locations should be revised and inactive ones removed. What was nice though was that there was a charity library near by where I got to play chess with a Buddhist monk. Utopia in Luang Prabang: Soon after leaving Luang Prabang I had an accident in the mountains in the rain. Visited the place the next day. Moto slided into the ditch and hit the stone wall.

Luckily it worked and after cleaning my wounds I drove back to the nearby hospital. After some more driving, and developing serious butt problems by that time, I reached Vang Vieng, the most touristy place in Laos.

So as far as I know, there is not a single place in Laos that deals in Bitcoin. I think the potential is huge though, because even though the country is relatively poor there is a large number of people who have relatives working abroad.

If someone finds time to tap into that remittance market, and find a way to keep authorities at bay, it could be very fruitful. Probably the worst day of the trip. I then entered Vietnam, and after a few days in Saigon took a flight to Bangkok, Thailand. I will get back to Saigon and write more in detail about the situation there, hopefully install a BTM as well.

Bangkok was a different story. A huge, bustling city, with a strong middle class, it has a number of Bitcoin locations. The most interesting place was Kido 2, cafe and bar. It is something like a Clockwork orange Bitcoin temple. Look at the pictures and you will understand. We are working on installing a second 2-way BTM in Thailand. Master's degree in information and communication technology. Currently working as software developer at Ericsson Nikola Tesla. Interested in the future of technology.

Hello, i just found your website as i just arrived in Laos and like you i am a bitcoin enthusiast and i actually travel all around the world trying to find places where btc are accepted or btc atm. Actually i have nothing in common with cryptocurrencies i am a helicopter mechanic usually except that i would like to create my own crypto company because i really think that is the future. Thank you for your interest. I am beginner of trading bitcoin. I hope the situation will be back after the events of August 1, Login form protected by Login LockDown.

Nastavljamo u istom tonu. The trousers were ripped on the side…. Seems some people had it worse no one died though. Hi-tech solution for keeping the bandages dry. Kido 2…Clockwork orange comes to mind. All bow to the mighty Bitcoin! Vidreven Master's degree in information and communication technology. Leave A Reply Cancel Reply. Don't have an account? A password will be e-mailed to you.

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