Crypto City is already a reality, at least in Australia

Agnes Water greets visitors with the proud sign “Australia’s first crypto city”. Local businessmen created the city’s crypto space, trying to occupy a still free market niche.

An Australian resort community of 2,000 residents is using innovative technology to attract tourists. The first rule of business is “The customer is always right.” In this case, this means that if the client wants to pay with cryptocurrency, then he is right and the task of the local business is to ensure that the client realizes his desires. 

The ideological inspirer and organizer of this approach is a local businessman, Gordon Christian, who saw the news about Brisbane Airport, which acquired a crypto terminal and has already begun to accept Bitcoin, Dash, Ethereum as a means of payment. 

Having independently understood the intricacies of cryptocurrency payment issues, Gordon invited local businessmen to discuss innovative opportunities. As a result, more than 30 local companies began accepting Bitcoin (Bitcoin), Bitcoin Cash (Bitcoin.Cash), Ether (ETH/USD), Litecoin (LTC/USD) and NEM as payment. The number of marketplaces accepting cryptocurrency is growing rapidly. A company has appeared in the city offering to pay with crypto for transfers from Brisbane Airport; hotels, tour operators, cafes and restaurants offer the opportunity to pay with cryptocurrency. The Australian crypto startup TravelbyBit has taken over the provision of digital payment infrastructure in the city. 

The city authorities turned out to be quite creative and made a strategic decision, supporting the idea of ​​businessmen.