travel – Earlybirds Invest https://earlybirdsinvest.com Latest Crypto News Sat, 19 Jul 2025 21:31:57 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.7 https://i0.wp.com/earlybirdsinvest.com/wp-content/uploads/2024/12/cropped-New-Project-2024-12-17T235703.455.png?fit=32%2C32&ssl=1 travel – Earlybirds Invest https://earlybirdsinvest.com 32 32 240146708 Bitget Study Uncovers Crypto Usage in Purchases, Gaming, and Travel https://earlybirdsinvest.com/bitget-study-uncovers-crypto-usage-in-purchases-gaming-and-travel/ https://earlybirdsinvest.com/bitget-study-uncovers-crypto-usage-in-purchases-gaming-and-travel/#respond Sat, 19 Jul 2025 21:31:56 +0000 https://earlybirdsinvest.com/bitget-study-uncovers-crypto-usage-in-purchases-gaming-and-travel/

A new report from Bitget has revealed that crypto adoption trends are shifting from speculation to spending.

Based on an online survey of 4,599 participants from the Bitget Wallet community, the data showed that over 35% use it for daily transactions, gaming, and travel.

A Global Shift

The study shared with CryptoPotato had respondents outlining their digital asset payment preferences across categories. The data was then analyzed to identify global patterns, generational behaviors, and regional differences.

Worldwide, the top use cases are gaming at 36%, daily purchases at 35%, and travel bookings at 35%. Further, 32% of participants said they have adopted these assets for digital products, with the same percentage spending them on gifting, while 30% put them in education.

Crypto wallet use also includes luxury goods, utility bills, subscriptions, real estate, car leases or purchases, and healthcare services.

Overall, people prefer incorporating digital assets in their daily spending (35%) over online shopping (31%). These findings indicate that users are integrating virtual currencies into practical and everyday expenditures.

East Asia had the leading global interest in digital products and daily purchases, each accounting for 41%. On the other hand, Southeast Asia dominated gaming, with 41%, and gifting, with 36%. This trend is driven by a young, mobile-first population and widespread adoption of play-to-earn (P2E) models alongside a strong digital gifting culture. The region has also shown high openness to in-store QR payments.

In the Middle East, users showed interest in gaming (41%), luxury goods (31%), and car purchases (29%), suggesting cryptocurrency is used for high-value spending in regions with strong purchasing power and regulatory support.

Meanwhile, Africa ranks highest for education payments, reaching 38%, driven by the continent’s demand for cross-border access to learning and the need to overcome gaps in traditional banking infrastructure.

In Latin America, 38% of people utilize crypto for digital product purchases and 35% for online shopping. Additionally, 41% of users in the region reported having wallets for on-chain yield generation to preserve and grow value amid weakening fiat currencies.

Elsewhere, Western and Eastern Europe both rank top in travel bookings at 37%, with the latter also leading in real estate payments (29%). On the other hand, North America and Oceania show balanced use, with gaming and daily spending at 33%.

Use Cases Across Age Groups

The survey also collected data on the spending habits of different generations. About 39% of Gen Z prefer digital assets for gaming, 35% for gifting, and 29% for entertainment subscriptions. This group values fast, user-friendly, and social payment experiences.

Bitget revealed that 36% of Millennials preferred using on-chain funds to settle travel costs, with 35% favoring it for gaming and digital products. According to the study, this group has largely adopted virtual currencies for both convenience and value, especially in cross-border payments and mobile services.

Gen X used crypto the most in travel bookings, with about 40% reportedly doing it. Some 36% used it for digital product purchases and online shopping. They also use such assets for utility bills (30%) and real estate (30%). This generation focuses more on secure and practical spending, often for larger or essential purchases.

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Travel: Vienna’s Third Man Museum https://earlybirdsinvest.com/travel-viennas-third-man-museum/ https://earlybirdsinvest.com/travel-viennas-third-man-museum/#respond Mon, 09 Jun 2025 22:45:26 +0000 https://earlybirdsinvest.com/travel-viennas-third-man-museum/

There are many reasons to spend time in Vienna, Austria. For starters, it’s gorgeous. Despite how much of downtown was destroyed by Allied bombing runs during World War II, much of the old city remained intact when the Nazi finally screamed “uncle.”

St. Stephen’s Cathedral is an absolute stunner and free to visit. In the winter, you wouldn’t want to miss the city’s St. Stephen’s Cathedral is an absolute stunner and free to visit. In winter, you won’t want to miss the city’s Christmas market — maybe hit Cafe Central for a Maria Theresia (orange liqueur and whipped cream jazzing up a double espresso) — and take in some music at the Vienna State Opera.

None of this even scratches the surface of the cultured trouble you can get into in this amazing city. No matter what you do with your time there, I suggest you don’t miss my favorite attraction in Austria: The Third Man Museum. It’s dedicated to preserving the history of what could be called one of the greatest films ever made. If you haven’t seen it, that’s a sin you should correct as quickly as possible, if for nothing else than the glory of Orson Welles’ Cuckoo Clock speech.

The museum is the passion project of Gerhard Strassgschwandtner and his partner, Karin Höfler. Since opening 20 years ago, Strassgschwandtner has refused any funding or assistance from local or state agencies — taking their cash would mean giving up his independence in running the place. Step inside the front door and you’ll be glad he opted to go it alone. The museum spans multiple floors — 400 square meters of real estate — and not an iota of it is wasted on frivolity. Two decades of constant collecting with only two people to catalog means some items might go unrecorded. But when I spoke to him a few years ago, Strassgschwandtner estimated that the museum housed around 3,000 items associated with The Third Man and the decade after the war when Vienna was occupied by the Allies.

The museum’s Wikipedia page gives a good accounting of its collection highlights. However, in my opinion, the main draw of the Third Man Museum is Strassgschwandtner himself: his passion for the film, knowledge of everything about its production, and deep love for Vienna are well worth the price of admission. There’s a fire of joyful intelligence in his eyes as he talks about Anton Karas’ zither (used to score the film’s music) and shares tidbits about Trevor Howard, Orson Welles, Herbert Halbik, and the rest of the cast. Letters from the film’s writer, Graham Greene, and director Carol Reed? He’s got those, and he’ll tell you all about them. Chat with Strassgschwandtner for a few minutes and you’ll feel like you’ve made a new friend.

The museum is within walking distance of the Vienna Naschmark (night market). Get on it, friendos.

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Newark and the crisis in American air travel, explained https://earlybirdsinvest.com/newark-and-the-crisis-in-american-air-travel-explained/ https://earlybirdsinvest.com/newark-and-the-crisis-in-american-air-travel-explained/#respond Mon, 02 Jun 2025 08:20:27 +0000 https://earlybirdsinvest.com/newark-and-the-crisis-in-american-air-travel-explained/

Air travel is such a common part of modern life that it’s easy to forget all the miraculous technology and communication infrastructure required to do it safely. But recent crashes, including near Washington, DC, and in San Diego — not to mention multiple near misses — have left many fliers wondering: Is it still safe to fly?

That concern is particularly acute at Newark Liberty International Airport in New Jersey, which has recently experienced several frightening incidents and near misses in as radio and radar systems have gone dark. This has left an under-staffed and overworked group of air traffic controllers to manage a system moving at a frenetic pace with no room for error.

Andrew Tangel, an aviation reporter for the Wall Street Journal, recently spoke to Jonathan Stewart, a Newark air traffic controller. In early May, Stewart experienced a brief loss of the systems showing him the locations of the many planes was directing. When the systems came back online, he realized there’d almost been a major crash.

According to Tangel, Stewart “sent off a fiery memo to his managers, complaining about how he was put in that situation, which he felt he was being set up for failure.” Stewart now is taking trauma leave because of the stresses of the job. After many delayed flights, United Airlines just announced that it will move some of its flights to nearby John F. Kennedy International Airport.

To understand how we arrived at our current aviation crisis, Today, Explained co-host Sean Rameswaram spoke with Darryl Campbell, an aviation safety writer for The Verge.

Below is an excerpt of their conversation, edited for length and clarity. There’s much more in the full episode, so listen to Today, Explained wherever you get your podcasts, including Apple Podcasts, Pandora, and Spotify.

You recently wrote about all these issues with flying for The Verge — and your take was that this isn’t just a Newark, New Jersey, problem. It’s systemic. Why?

You’ve probably seen some of the news articles about it, and it’s really only in the last couple months because everybody’s been paying attention to aviation safety that people are really saying, Oh my gosh!

Newark airport is losing the ability to see airplanes. They’re losing radar for minutes at a time, and that’s not something you want to hear when you have airplanes flying towards each other at 300 miles an hour. So it is rightfully very concerning. But the thing is, what’s been happening at Newark has actually been happening for almost a decade and a half in fits and starts. It’ll get really bad, and then it’ll get better again.

Now we’re seeing a combination of air traffic control problems; we’re seeing a combination of infrastructure problems, and they’ve got a runway that’s entirely shut down. And the way that I think about it is, while Newark is its own special case today, all of the problems that it’s facing, other than the runway, are problems that every single airport in the entire country is going to be facing over the next five to 10 years, and so we’re really getting a preview of what’s going to happen if we don’t see some drastic change in the way that the air traffic control system is maintained.

We heard about some of these issues after the crash at DCA outside Washington. What exactly is going on with air traffic controllers?

The first problem is just one of staff retention and training. On the one hand, the air traffic control system and the people who work there are a pretty dedicated bunch, but it takes a long time to get to the point where you’re actually entrusted with airplanes. It can be up to four years of training from the moment that you decide, Okay, I want to be an air traffic controller.

Couple that with the fact that these are government employees and like many other agencies, they haven’t really gotten the cost-of-living increases to keep pace with the actual cost of living, especially in places like the New York and New Jersey area, where it’s just gone up way faster than in the rest of the country.

This is bad at Newark, but you say it promises to get bad everywhere else too.

The cost of living is still outpacing the replacement level at a lot of these air traffic control centers. And the washout rate is pretty high. We’ve seen the average staffing level at a lot of American airports get down below 85, 80 percent, which is really where the FAA wants it to be, and it’s getting worse over time.

At Newark in particular, it’s down to about 58 percent as of the first quarter of this year. This is an emergency level of staffing at a baseline. And then on top of that, you have — in order to keep the airplanes going — people working mandatory overtime, mandatory six-days-a-week shifts, and that’s accelerating that burnout that naturally happens. There’s a lot of compression and a lot of bad things happening independently, but all at the same time in that kind of labor system that’s really making it difficult to both hire and retain qualified air traffic controllers.

These sound like very fixable problems, Darryl. Are we trying to fix them? I know former reality TV star and Fox News correspondent — and transportation secretary, in this day and age — Sean Duffy has been out to Newark. He said this: “What we are going to do when we get the money. We have the plan. We actually have to build a brand new state-of-the-art, air traffic control system.”

To his credit, they have announced some improvements on it. They’ve announced a lot of new funding for the FAA. They’ve announced an acceleration of hiring, but it’s just a short-term fix.

To put it in context, the FAA’s budget usually allocates about $1.7 billion in maintenance fees every year. And so they’ve announced a couple billion more dollars, but their backlog already is $5.2 billion in maintenance. And these are things like replacing outdated systems, replacing buildings that are housing some of these radars, things that you really need to just get the system to where it should be operating today, let alone get ahead of the maintenance things that are going to happen over the next couple of years. It’s really this fight between the FAA and Congress to say, We’re going to do a lot today to fix these problems.

And it works for a little while, but then three years down the road, the same problems are still occurring. You got that one-time shot of new money, but then the government cuts back again and again and again. And then you’re just putting out one fire, but not addressing the root cause of why there’s all this dry powder everywhere.

People are canceling their flights into or out of Newark, but there are also all these smaller accidents we’re seeing, most recently in San Diego, where six people were killed when a Cessna crashed. How should people be feeling about that?

There’s really no silver bullet and all the choices are not great to actively bad at baseline. Number one is you get the government to pay what it actually costs to run the air traffic control system. That empirically has not happened for decades, so I don’t know that we’re going to get to do it, especially under this administration, which is focused on cutting costs.

The second thing is to pass on fees to fliers themselves. And it’s just like the conversation that Walmart’s having with tariffs — they don’t want to do it. When they try to pass it on to the customer, President Trump yells at them, and it’s just not a great situation.

The third option is to reduce the number of flights in the sky. Part of this is that airlines are competing to have the most flights, the most convenient schedules, the most options. That’s led to this logjam at places like Newark, where you really have these constraints on it. Right before all of this stuff happens, Newark was serving about 80 airplanes an hour, so 80 landings and takeoffs. Today, the FAA’s actually started to admit restrictions on it, and now it’s closer to 56 flights an hour, and that’s probably the level that it can actually handle and not have these issues where you have planes in danger.

But no airline wants to hear, Hey, you have to cut your flight schedule. We saw that with United: Their CEO was saying that the air traffic controllers who took trauma leave had “walked off the job,” which seemed to suggest that he didn’t think they should be taking trauma leave because you have to have more planes coming in. That’s a competitive disadvantage for him, but you also have to balance safety. It’s difficult to understand. It costs a lot of money to fix. This is your textbook “why governments fail” case study and it’s not really reassuring that in 24 hours I’m going to be in the middle of it again, trying to fly out of Newark.

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Why picking a travel eSIM for your next trip is a smart idea https://earlybirdsinvest.com/why-picking-a-travel-esim-for-your-next-trip-is-a-smart-idea/ https://earlybirdsinvest.com/why-picking-a-travel-esim-for-your-next-trip-is-a-smart-idea/#respond Sun, 11 May 2025 06:48:36 +0000 https://earlybirdsinvest.com/why-picking-a-travel-esim-for-your-next-trip-is-a-smart-idea/

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Update – Advisory on recent events and potential travel considerations https://earlybirdsinvest.com/update-advisory-on-recent-events-and-potential-travel-considerations/ https://earlybirdsinvest.com/update-advisory-on-recent-events-and-potential-travel-considerations/#respond Wed, 19 Mar 2025 19:48:02 +0000 https://earlybirdsinvest.com/update-advisory-on-recent-events-and-potential-travel-considerations/

Over the last weeks, we have been closely monitoring the security and safety in Istanbul. In particular, we have been focused on how events in Israel and the Gaza Strip may impact attendee safety.

We try to assess risk whenever we host an event. In the case of Devconnect Istanbul, we have consulted with our event organizer partners, local community members, and monitored government warnings that affect our community or the region. We recently took an additional step of working with external risk advisory services to consider where and how we may need to make changes to reflect conditions regionally.

In advance of further updates, we want to share two key points:

  • Although the current threat specifically targeting the Devconnect event itself is low, there is a significant risk of large protests, targeted violence, or disruptions in various Istanbul neighborhoods. It is possible for these risks to increase over the next few weeks, if the conflict in Israel and Gaza escalates.

  • There is a severe risk to Israelis, Israeli nationals, and people of Jewish faith or descent. Israel has released a notice warning any Israelis in the country to leave Turkey immediately.

Therefore, we strongly advise high-risk groups to take these warnings seriously, and to reconsider their travel plans, as we continue to evaluate recommendations for others, and to work toward providing clarity for the status of Devconnect events organized by EF.

We understand this might make some people uncomfortable, but we have made the decision to prioritize the safety of community members, and we feel a responsibility to share what we have learned as soon as possible.

These last weeks have included complicated and emotional decisions for many in our community, the members of which hold diverse opinions. In addition to the risks stated, we also recognize the physical distance between Istanbul and the heart of this conflict, and that a thriving local community has been active and positive every step of the way. In this process, we’ve heard feedback from the perspectives of those that would be impacted personally, team members that are in conflict zones, organizing teams, and others that have spent their year working toward these events.

We will continue to provide updates as regional conditions clarify. Thank you for your continued patience during this complicated time.

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French court allows Telegram founder to travel to Dubai temporarily: Report https://earlybirdsinvest.com/french-court-allows-telegram-founder-to-travel-to-dubai-temporarily-report/ https://earlybirdsinvest.com/french-court-allows-telegram-founder-to-travel-to-dubai-temporarily-report/#respond Sun, 16 Mar 2025 13:36:58 +0000 https://earlybirdsinvest.com/french-court-allows-telegram-founder-to-travel-to-dubai-temporarily-report/

Founder of the messaging app Telegram, Pavel Durov, has flown to Dubai from France with permission from a French court, according to a report by Barron’s.

“He departed France this morning,” an unnamed source familiar with the case told AFP.

A second source told AFP that an investigating judge granted Durov’s request to leave France for “several weeks.”

Durov’s legal trouble began last year

Durov was abruptly arrested by French authorities at the Le Bourget airport in Paris on Aug. 24. Following his arrest, Durov was slapped with a litany of charges on Aug. 26, including complicity in child exploitation, drug trafficking, and other organized criminal activities.

The French authorities alleged that through its lack of content moderation, Telegram, and thereby Durov, facilitated illicit activities, including distribution of child pornography and drug trafficking. The authorities claimed that Durov could face up to 10 years in prison along with a fine of €500,000 ($550,000).

Durov’s arrest was condemned by the Telegram community in an open letter, calling it “a blatant attack on the freedom of expression and the right to private life.” Whistleblower Edward Snowden and tech billionaire Elon Musk also decried Durov’s arrest as an attack on free speech.

Modification of bail conditions received approval

On Aug. 28, Durov was released from police custody and placed under judicial supervision after he posted a €5 million ($6 million) bail. Durov’s release was contingent on a number of conditions, one of which required him to remain in France.

However, according to the Barron’s report, the investigating judge accepted Durov’s request to modify the conditions of his bail on March 13, allowing him to leave the country.

While the exact terms of the court’s decision remain unclear, Durov’s departure to Dubai—a city known for its lack of extradition agreements with several countries—has raised concerns about jurisdiction and privacy.

Durov is not only a French citizen, but also holds citizenship in Russia and the United Arab Emirates (UAE).

A few weeks after his release, Durov wrote in a Telegram post:

“Building technology is hard enough as it is. No innovator will ever build new tools if they know they can be personally held responsible for potential abuse of those tools.”

Things are looking up for Russian programmers

The news of Durov’s departure to Dubai is yet to be officially confirmed by Telegram or Durov himself. However, if confirmed, Durov would be the second Russian programmer to be released.

Just last month, Alexander Vinnik, operator of the now-defunct crypto exchange BTC-e, was released by the U.S. and sent to Russia as part of a prisoner exchange program. The prisoner swap program was one of the efforts to mend political and diplomatic ties between the two countries.

It is worth noting, however, that Telegram was banned in Russia in 2018 after the app refused to hand over encryption keys required to read users’ communications.

TON Foundation welcomes the news of Durov’s travel

The crypto market has reacted positively to the news of Durov’s travel to Dubai. The price of The Open Network (TON) is up 20% over the past 24 hours, according to CryptoSlate data.

The TON Foundation has also welcomed the news, calling it a “significant moment of resolution” in a statement released on X. The statement noted:

“As part of the decentralized TON community, we have stood in solidarity with Pavel, supporting his unwavering dedication to defending the right to free speech and privacy online.”

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