Bitcoin lovers who feel at home away from home

Nick Donnelly’s life as a designer and software developer requires that he always be at his creative best. Waking up to the same scenario every day wasn’t good for him.

It took a trip to China in 2001 to realize the hunger within him, which can only be calmed by chasing various sunsets around the world.

Donnelly, who bought the first Bitcoin (BTC) in 2013, told Be[in]encrypt.

What is Digital Voyager?

Donnelly is a modern Bedouin. Or what many people call a digital nomad – a remote worker who is not confined to one region and seeks inspiration in various global cities and countries around the world.

Digital nomads usually have a base in a city where their belongings are stored for a long time. Donnelly keeps an apartment in Prague, the capital of the Czech Republic, while traveling around the world.

“I am currently in Bansko, Bulgaria – the hub of Europe’s digital nomads. I have been living in Saigon and London and traveling (while working) several months a year (conditions permit). I have also spent many years slowly traveling, visiting 73 countries so far.

Digital nomads who use cryptocurrency

In the early days, planning a business visit to the city was stressful. It was necessary to find accommodation and make sure that the necessary services such as a good Internet connection were available.

Thanks to technology, there are now platforms that allow you to book a residence and create a new base remotely. One such platform is Nomad List, which was used by more than five million people to find nearly 1,400 cities in 190 countries last year.

The Bedouin list finds the “best places in the world to live, work and travel as a telecommuter”. According to its website, it “collects millions of data on thousands of cities around the world, from cost of living to temperature to safety.”

Digital Nomads can use this data to determine what works best for them. Donnelly used the platform from time to time.

“I used the Nomad List to search for the cheapest Nomad towns or to talk to people in the places I visit or plan to visit. I also used it to find events for nomads – and to promote my Prague Meetup for Digital Nomads,” the developer said.

Navigating foreign exchange and payment control regulations in different jurisdictions, Donnelly is pinning his hopes on cryptocurrencies. It is detailed:

“Most places still do not accept cryptocurrency, and the fees on most blockchains are too high for using cryptocurrency to pay. Although I convinced some places and people in Bansko that I had to pay to accept Solana (SOL). Solana has very low commissions and fast transactions. , so it works well for payment.”

Encryption allows more freedom

Fintech, especially cryptocurrency, has given digital nomads more freedom to settle in countries whose banking systems are facing challenges.

Another digital nomad, Courage Kimber, from the US, said that life as a digital nomad gave her more peace of mind.

speaking to be[in]“I’ve always wanted to live a life independent of other people’s time, money, place and opinions,” said Kemper. “The day starts out sort of with a little bit of mental work, which is creating, editing and revising content. I work with people in different time zones and in different countries.”

Kimber does consulting work and because of her regular travels, she accepts payments in cryptocurrency. He said:

“I mainly use cryptocurrency for investment. I just started incorporating it as payment for consulting services. The payment provider I use has the option to pay with cryptocurrency. Payment times are faster with crypto.”

“When I was first in Paris, sending money via wire transfer was difficult and the only suitable payment option was PayPal for advisory services. They do not have Venmo or Cash in Europe. Banking choices for US citizens in France can also be difficult.”

He hopes that companies will continue to be interested in the idea of ​​crypto assets like bitcoin.

“I think in the future most companies will offer cryptocurrency for payment, and when small business owners start accepting crypto, it will be easier for digital nomads to do business both locally and internationally. It would be great for digital nomads abroad,” says Kemper. Now about currency exchange rates.”

Digital nomad insurance

Remote workers have been excluded from the traditional insurance structure due to the precariousness of some of their jobs.

However, the new platform, Safetywing, which provides insurance for remote workers, holds great promise for digital nomads.

Safetywing describes itself as a platform for nomads, intended to “remove the role of geographic boundaries as an obstacle to equal opportunity…”

Both Donnelly and Kimber say they’re considering enlistment, because insurance helps in times of uncertainty like the pandemic the world is out of.

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