Where to use bitcoin in Asia

Bitcoin in pocket

Inspired by Alexandra Talty’s excellent The Top 10 Bitcoin Cities in the World piece in Forbes, which looked at cities with the most bitcoin shops and businesses, I looked at doing the same in Asia.

Alexandra’s research showed that the leading 10 locations globally for bitcoin businesses were in Europe and the United States, followed by South America. There was no room in the top 10 for Asia, home to some of the world’s leading financial centres and fastest growing economies.

I used the same tool mentioned in the article, Coinmap, created by SatoshiLabs in the Czech Republic, to display ATMs, cafe, restaurants and other vendors in the form of a heatmap. The results were a little surprising.

The map clearly shows a concentration of services in East Asia, led by Korea, Japan and Taiwan, but bitcoin businesses are also clustered around digital nomad hotspots. Lit up heavily in red are Phuket and Krabi in Thailand, and Bali. Drilling deeper reveals hotels, bars, shops and transport companies, all taking bitcoin.

So yes, the big cities are there, but so are Asia’s holiday hotspots, or those locations traditionally associated with tourism.

It suggests that if you’re a digital nomad, or travelling widely within Asia, you could do worse than carry a few bitcoins in your pocket (virtually of course), which can of course be used irrespective of location.

Bitcoin venues in Asia, generated by Coinmap

However, we might not be seeing the full picture. As Alexandra also pointed out in her article, Coinmap relies on crowdsourcing – so there will almost certainly be gaps in places. There are also regulatory pressures – for example the currency in China.

Introducing a weekly YouTube roundup of opportunities in sixty seconds

Matt Brady smiling cheesily for the camera

As the headline suggests, I’m starting a weekly video roundup of the week’s events, because a) it’s fun; b) it’s fast; c) everyone else is doing it; and d) I can actually prove I’m a real person.

I’m also doing this in 60 seconds, to keep it short and sweet (or at least short), and keeping it ‘raw’. So that means no filters, and no faffing to get it right. Of course, this may or may not work…

Internship places still available through British Council’s Generation UK – China programme

When I graduated many years ago, my options were limited. There was no social media. No smartphones. And certainly no hopping over to Asia for work experience (though I did apply – unsuccessfully – to Singapore Airlines. I’ve still not flown with them since).

Times have changed, and both students and graduates these days can apply for internships halfway around the world. What fun!

Places are still available on the British Council China’s two-month Generation UK – China internship, offered through its partnerships with CRCC Asia (Beijing, Shanghai and Shenzhen) and InterChina (Qingdao, Chengdu and Zhuhai).

Having been to all of these cities other than Zhuhai, I would say the latter option that includes Qingdao and Chengdu is the more interesting choice from a cultural and living perspective.

All placement fees, accommodation, travel insurance and airport pickup is covered by Generation UK – China funding, which is pretty amazing, and interns will also receive weekly Chinese language classes and take part in business/cultural activities.

It’s a heck of a start in anyone’s career, and certainly tops my call centre experience.

Anyone interested can apply through the British Council website.