Programmer spends 69 nights in 'Bitcoin Cash City' using only BCH: Here's how it went

Published at: Nov. 3, 2022

When programmer Jonathan Silverblood flew to Townsville, Australia from his Finland home for a two-and-a-half-month holiday in August, he had one main task — pay for everything he could using Bitcoin Cash (BCH).

The coastal city of Townsville is known as the “Bitcoin Cash City,” a name derived from a conference of the same name that first launched in 2019. It is understood to have a strong number of merchants that accept the Bitcoin-forked token.

Silverblood said while attending the conference in 2019, he was intrigued by the number of merchants and vendors offering BCH as a payment option in Townsville and had planned a return to the city once COVID-19 restrictions were lifted.

I have now been in #Townsville, the #BitcoinCashCity for for 59 days and I have made 97 bitcoin cash transactions to pay for living. That does not include the transactions that the rest of my family have done, and the transactions when I've been a guest and someone else paid...

— Jonathan Silverblood (@monsterbitar) October 8, 2022

"Going to this destination was entirely about using BCH and was also kind of an excuse to spend more than I usually do, while simultaneously getting more work done by letting family and kids have a vacation with their grandma," he told Cointelegraph after he returned home from the trip. 

"Using it to pay for things while I was there just made sense, partially because I already have my income paid in BCH, and partially because it's just so much less effort than some of the other forms of payment I use."

Silverblood is a Bitcoin Cash enthusiast and programmer. He has been working at General Protocols for the last three years where his salary is paid in BCH.

He noted that in the 69 nights he spent in the city, he was ultimately able to conduct 130 transactions using Bitcoin Cash. These included goods and services at cafes, restaurants, and hotels, getting a tooth pulled at a dentist, a haircut, and getting a Steam Deck gaming console repaired.

"Some days were pretty busy; we would buy breakfast, lunch, ice cream, bread and dinner, but sometimes my family wanted to go elsewhere rather than eat at the specific BCH accepting merchants."

Silverblood also made several payments using BCH that weren't with businesses in Townsville, including Steam and Netflix gift cards, “plus a few bills back home.”

However, his Bitcoin Cash-funded holiday was not without its hiccups. 

Silverblood says his experience using BCH as a payment method was successful but not "wildly successful" because of issues with payment terminals running out of power, WiFi access and some merchants being unable to offer crypto as an option at the time of payment.

"When I got to the airport in Townsville I also wanted to pay for a cab ride to the hotel, but a competing cab company bought up the cab company that took BCH, so that was no longer an option."

He also found that not all merchants were open to the idea of using BCH because they did not want to "complicate bookkeeping" and "couldn't stomach the volatility."

"For most merchants I spoke with during my trip, it seems to just be that the number of customers paying with crypto is just too small to motivate additional staff education costs, additional hardware like WiFi and payment terminals," Silverblood said.

"Cryptocurrencies are here, and they work, but merchant adoption is slow and spread out, which makes it hard to live entirely off,” he added.

Silverblood said he also didn't end up buying his plane tickets with BCH, as his family wanted to fly Qatar Airways specifically, which doesn't currently accept crypto as a payment method. 

This is despite the airline launching their own Metaverse in July.

Related: 21-year-old got ‘thought-provoking’ questions after teaching crypto to old folks

Silverblood and his family have since returned home to Finland, but the programmer is confident this won't be the last time he will use crypto to pay for goods and services.

"Can't bitcoin the dentist, can't bitcoin my breakfast, can't even use bitcoin at bitcoin conventions"... I have now done all of those in the #BitcoinCashCity #Townsville. I am so going to miss this place when I fly home tomorrow.https://t.co/dj2l8TopEp

— Jonathan Silverblood (@monsterbitar) October 18, 2022

"I will absolutely try and do something like this again, in just a few weeks, I'm flying over to another Bitcoin Cash hotspot, St Kitts, for the BCH 2022 conference," he said.

"I don't know what to expect there though, I've heard everything from 100% all merchants accept it, only half do, and merchants will accept it, but you need a special wallet."

Tags
Related Posts
What are the most bullish cryptocurrencies to buy right now? | Find out now on The Market Report
The Market Report with Cointelegraph is live right now. On this week’s show, Cointelegraph’s resident experts discuss what they believe are the top three most bullish coins one should take a closer look at. But first, market expert Marcel Pechman carefully examines the Bitcoin (BTC) and Ether (ETH) markets. Are the current market conditions bullish or bearish? What is the outlook for the next few months? Pechman is here to break it down. Next up: the main event. Join Cointelegraph analysts Benton Yaun, Jordan Finneseth and Sam Bourgi as each makes his case for the most bullish cryptocurrency right now. …
Decentralization / May 3, 2022
This crypto company is on a mission to stop passive hodling
A fintech platform says it is on a mission to stop passive hodling — helping them to unlock value from their cryptocurrencies in new ways. YouHodler offers crypto-backed loans that enable enthusiasts to generate liquidity from their digital assets without having to spend them. A suite of trading solutions encourage experimentation — while web and mobile wallets deliver “a safe and easy-to-use alternative to senseless crypto wallets.” By integrating a range of payment methods, including stablecoins, bank transfers and credit cards, YouHodler’s goal is to create seamless connections to the real world — ensuring crypto can be used for everything …
Technology / June 15, 2021
PayPal to start letting US customers pay in Bitcoin at global merchants
Online payments giant PayPal will start to accept cryptocurrency as a medium of exchange at its millions of global merchants, the firm’s president and CEO revealed on Tuesday ahead of a formal announcement. News broke regarding PayPal’s rumored decision to accept cryptocurrencies early on March 30. Later in the day, the firm’s CEO, Dan Schulman, confirmed to Reuters that the rumors were true and that an official statement would be released imminently. The new system is expected to feature a crypto checkout service where users can pay for goods and services at approved vendors using their stored coins. The system …
Adoption / March 30, 2021
‘We want to build Minterest as a fairer financial system,’ says CEO Josh Rogers
Decentralized finance (DeFi) protocols have gained significant traction in the cryptocurrency sector, with a total value locked surpassing $271 billion, based on data from DefiLlama. One exceptionally popular category of DeFi services is that of decentralized borrowing and lending, where users can pledge their crypto as collateral and take out stablecoin loans (or vice versa) to pay for everyday expenses while their investment continues to grow. Such protocols typically charge a spread or difference between deposit and lending rates as a service fee. But then there are protocols like Minterest that seek to distribute a vast majority, if not all, …
Decentralization / Nov. 18, 2021
Crypto payments solutions firm Ramp raises $53 million to increase adoption of dApps
On Wednesday, crypto-fiat gateway payments provider Ramp announced it had raised a $52.7 million Series A funding round led by Balderton Capital, NFX, Galaxy Digital, Seedcamp, Firstminute Capital, and angel investors. Ramp allows its partner brands to offer crypto-enabled services, claiming that it takes mere hours for developers to integrate their decentralized applications, or dApps, with its software. It has over 400 partners, including Axie Infinity, Mozilla, Opera Browser, Dapper Labs, Aave, Argent, Trust Wallet, and Zerion. The firm has regulatory approval in the U.S., U.K., and Poland. Current uses of Ramp include purchasing cryptocurrencies for storage in wallets directly …
Decentralization / Dec. 15, 2021