Pretty inspirational I would say however crypto coming to your rescue when there was no fiat option both in terms of earning and spending speaks volumes of a use case of hive in real world.
Just one questions what were your exchange options was it peer to peer p2p route that you took or was it some site /entity that let you book flight ticket with crypto?
What are the crypyo regulations like in SA
It would be great if you could walk us through the steps like what happend after you took your hbd out the exchanges intermediary involved (exchanges etc)
The crypt- fiat exchange process etc that you undertook would be good to know so that other can emulate the example
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Apologies for only responding now, the past week have been extremely busy for me.
I didn't pay for the flight with HBD directly, I had HBD converted to USD since we know HBD to USD is almost 1:1 to make easy payment.
Basically, I sold HBD for Hive on the internal exchange, then sold Hive on Binance, and the last exchange I used was Luno, which I withdrew to bank account.
Crypto regulation in SA has been fairly accommodating compared to other countries banning crypto, though the country taxes crypto gains so one needs to be mindful of that.
Great I will create a post about this and will be published on Monday.
Thanks for the comment, I appreciate.
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