Is The Three Sisters Hotel the first luxury hotel in the world to accept Bitcoin, Litecoin and DASH as payment for a stay? As far as we know it is.
The Three Sisters Hotel is an Estonian boutique hotel which is a member of the prestigious Relais & Châteaux. The hotel has started accepting 3 different cryptocurrencies to pay for your stay; Bitcoin, Litecoin and DASH. In reality, unless you were one of those few with the foresight to buy Bitcoin when it was worth a few dollars, you would have to be quite mad to send your Bitcoin (or Litecoin of DASH) during the current bull run. Most crypto investors buy with the intention of keeping their holding for a good few years. As one investor said, in 5 years, my investment will either be worth nothing or I will be very rich.
It is however nice to see cryptocurrencies are becoming more and more usable in the real world.
If you do decide to buy Bitcoin, make sure you set it up using a coinbase referral link like mine. Once you buy or sell $100 USD (£76) of digital currency or more, you will get $10 USD (£7) of free Bitcoin (as will your referrer, which on the link above would be me).
For my (and other investors) latest opinions on Bitcoin, you might be interested my article about how American flyers can earn Airline miles with Bitcoin.