Author

Topic: [2018-06-09] Norwegian Air CEO Launching Bitcoin Exchange, May Sell Tickets (Read 152 times)

member
Activity: 392
Merit: 21
 good news because it increases confidence in this type of trade
And remove any doubts that may have some here or there and will make many join the market and increase liquidity and this is what the market needs to recover
But the issue of supervision of the governor is important and must be solved
Either by using multiple addresses where your money is distributed
Or any other solution you deem appropriate for your situation
legendary
Activity: 1918
Merit: 1012
★Nitrogensports.eu★
The only less pleasant event of paying for your tickets in Bitcoin is that it will allow governments to spy on you due to how strict airport measures are. Every time you check in and out with your passport, they will be able to find out where you go, when you come back, etc. It's literally big brother is watching you. It might not really be a problem for most people, but I'm sure there are a lot that do mind this, and for that reason won't book anything with Bitcoin that requires passport checks. What if the government has a trigger that will require further inspection because your wallet (the one you paid your tickets from) has +$100,000 worth of coins they don't want you to take with you? It might seem like a semi fantasy scenario right now, but we aren't all that far away from these measures.

The amount of linking of data that goes on (without Bitcoin payment) is already huge. Governments know where all you have gone, how much money goes into your bank account, how much you have spent. They also know what websites you visit and what you have been searching for.

That said, I wouldn't want to pay for my tickets using bitcoins, precisely for the reasons you mentioned. Plus I do not want the headache of calculating capital gains for such events and reporting them.
legendary
Activity: 3178
Merit: 1140
#SWGT CERTIK Audited
It's literally big brother is watching you.
-
because your wallet (the one you paid your tickets from) has +$100,000 worth of coins they don't want you to take with you? It might seem like a semi fantasy scenario right now, but we aren't all that far away from these measures.

That's why someone needs to have multiple unrelated Bitcoin addresses with different funds.
Other solution is to use mixers but this could rise more suspicions eventually.
member
Activity: 294
Merit: 10
World’s First Decentralized ICO Platform
The fact that the tickets will be sold with bitcoin is a good development. It may trigger other companies to take steps in this direction. Although governments are cautious, the use of crypto is growing and this is inevitable.
legendary
Activity: 1232
Merit: 1091
The only less pleasant event of paying for your tickets in Bitcoin is that it will allow governments to spy on you due to how strict airport measures are. Every time you check in and out with your passport, they will be able to find out where you go, when you come back, etc. It's literally big brother is watching you. It might not really be a problem for most people, but I'm sure there are a lot that do mind this, and for that reason won't book anything with Bitcoin that requires passport checks. What if the government has a trigger that will require further inspection because your wallet (the one you paid your tickets from) has +$100,000 worth of coins they don't want you to take with you? It might seem like a semi fantasy scenario right now, but we aren't all that far away from these measures.
hero member
Activity: 924
Merit: 556
Billionaire Norwegian Air CEO Bjørn Kjos launched the Norwegian Block Exchange (NBX) in April, a company executives say “will explore and exploit potential opportunities that lie in blockade and ledger technology.” Full article on CCN
Jump to: