A cryptocurrency enthusiast managed to use bitcoin in 40 countries — a record

Paco de la India, a traveler and cryptocurrency enthusiast, traveled to 40 countries using only bitcoin to pay for everything. This was the first case of such a large-scale use of Cryptocurrencies, and no other such situations are currently known.

The enthusiast managed to raise the amount of money needed for his travels through crowdfunding — people sent money to support Paco’s idea. As a result of his trip, the man made several important conclusions, in his opinion.

Paco emphasized that the market’s inherent volatility pushes people away from bitcoin. People are much more willing to use stablecoins such as USDT for transactions, and bitcoins are stored in HODL mode. «In general, the adoption of cryptocurrencies is progressing, but this process needs to be accelerated.»

Traveler noted that people are more generous during a bull market, which allows for more crypto donations. Regulatory uncertainty also has a significant impact. For example, the closure of the Paxful trading platform due to «difficulties around market regulation» affected some sponsors of the Paco de la India, and they stopped sending donations.

According to the crypto enthusiast Paco, he intends to continue traveling, making payments exclusively in BTC. The tourist is trying to find out where in the world it is easiest to pay with bitcoin.

Among the places where Paco can pay with cryptocurrency is the popular fast food chain Chipotle. Flexa payments are available at almost all 3,000 Chipotle restaurants in the United States. The digital payment platform supports about a hundred currencies, including BTC and ETH.