I did a little more digging, and reread the thread. Looks like the airline industry is well suited to accepting BTC for flights. This was some news in January about a
Bitnet partnership with UATP. I think the future for airlines, tuition and other similar transactions that generally have a time lag between payment and service would be to accept BTC directly without a middleman.
I'm guessing they'll also give it back based on the fiat value since that's the specific amount you gave to them during that time. Giving it back based on BTC could mean a loss or win for either sides depending on the price movement.
That makes sense at least until a time where volatility is reduced.
maybe start form bill payment and buy some little stuff
There are services that make
bill payments for BTC, they're not available everywhere but it is a step in the right direction. I have been able to make a lot of other smaller purchases using BTC, but nothing like a cup of coffee, or something on the go. It's usually transactions online that can wait for the confirmations to role in.
because a class of Philippine airlines is a state-owned airport, where if that is true, then what will happen is philippine indirectly legalized bitcoin in its country.
Missed this on my first read through. It's hard to say if that line could be drawn. I noticed that the page I was looking at says Bitcoin/Coins.ph. That to me looks more like we accept payment through Coins.ph and don't physically hold our own BTC. It would be the same as writing we accept Paypal, to some extent. I tried checking out their site and couldn't navigate to the offline payment page to read about it, to be sure.
