Singaporean 80-Year-Old Traveling Australia on Crypto

Adoption Australia Bitcoin Cryptocurrency
Journalist
Journalist
Sead FadilpašićVerified
Part of the Team Since
Jan 2018
About Author

Sead specializes in writing factual and informative articles to help the public navigate the ever-changing world of crypto. He has extensive experience in the blockchain industry, where he has served...

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Singaporean Bitcoin investor, Robert. Source: Royal Black on Facebook

Last month, eighty-year-old Singaporean Bitcoin investor, Robert, traveled Australia on crypto, according to a blog post by TravelbyBit, an Australian digital currency tourism agency.

The blog post further states that Robert (last name not provided) is a crypto veteran, investing in Bitcoin for a “long time” who wanted to see how the blockchain technology is “integrating itself across the country.” Apparently, Robert’s entire stay in Brisbane was paid for with crypto. From nights at the Emporium Luxury Hotel, to days spent with the TravelbyBit team, “learning about various cryptocurrencies and attending some of the exciting meetups in our Fortitude Valley event space.”

He also had private transport Royal Black, a TravelbyBit merchant, to tour the Brisbane area, with the blog saying that “one of his favourite stops was South Bank, known for its arts, culture, and man-made beach in the middle of the city streets!”

While the entire post reads like a PR campaign for the company, the possibilities this implies are endless.

The idea of an old man traveling to another continent and paying his way through any and all fees using his smartphone brings the idea of cryptocurrency as a valid payment system closer to everyone. This directly opposes the favored idea that cryptocurrency is a thing of the future, and something specifically tailored for and targeted at millennials, to show that crypto is a thing of the present and can be used by everyone.

Seeing older generations adopting crypto is the sign the world needs, since by default, the opinions of younger generations are often quickly dismissed. This is exactly why J. Christopher Giancarlo, Chairman of the US Commodity Futures Trading Commission, was hailed a new crypto community hero after stating that “We owe it to this new generation to respect their interest in this new technology with a thoughtful regulatory approach.”

Marketing campaign or not, stories such as this one make crypto a transgenerational thing which is then, due to more support, less likely to fail.

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