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Hafiz Mughira
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Joined 26 October 2018
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Millions of Crypto Traders to Jump Start Payment Adoption Around the World Through Retailers at Airports Crypto exchange Binance is initiating a major effort to roll out crypto transactions around the world at airports. Through its $2.5 million investment in TravelbyBit, a blockchain-based, crypto payment platform for everyday tourists who shop and spend at airports, the world’s largest cryptocurrency exchange by volume is growing the startup’s network. TravelbyBit plans to expand across the globe within the next 12 months and will leverage Binance’s user base. “We are in talks with the most innovative retailers, airline lounges and airports around the world to roll out our blockchain payment system. Binance has over 10 million users now. We can channel those users to the retailers we work with at the airports.” TravelbyBit just powered its first transaction using Binance Coin (BNB) at a bar in Australia. According to TravelbyBit CEO Caleb Yeoh, “Working with mainstream businesses is extremely hard. The deal with the airport took over six months of discussions and planning. The truth is we are only at the beginning of this movement and many large organizations are very risk-averse and prefer to take a wait-and-see approach. Only the most innovative ones take a bold step forward and lead the way. I must say Brisbane Airport Corporation and the Cater Care group at the airport are truly innovators in this space. There are folks in those organizations who are brave enough to try something new.” In an interview with Binance, Yeoh highlights several advantages of crypto payments. “Minimal setup fees, no ongoing merchant fees to the user or to the merchant. We don’t intend to charge any fees to the merchant or to the consumer. Also, you will be surprised how many people genuinely support us because of the philosophy behind crypto, which is centered around freedom and liberty.”

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"Because while the truncheon may be used in lieu of conversation, words will always retain their power. Words offer the means to meaning, and for those who will listen, the enunciation of truth. And the truth is, there is something terribly wrong with this country, isn't there? Cruelty and injustice, intolerance and oppression. And where once you had the freedom to object, to think and speak as you saw fit, you now have censors and systems of surveillance coercing your conformity and soliciting your submission. How did this happen? Who's to blame? Well certainly there are those more responsible than others, and they will be held accountable, but again truth be told, if you're looking for the guilty, you need only look into a mirror. I know why you did it. I know you were afraid. Who wouldn't be? War, terror, disease. There were a myriad of problems which conspired to corrupt your reason and rob you of your common sense."
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