{"id":9031,"date":"2015-05-23T00:00:13","date_gmt":"2015-05-22T17:00:13","guid":{"rendered":"https:\/\/bitcoinvn.io\/news\/?p=9031"},"modified":"2024-05-21T09:32:39","modified_gmt":"2024-05-21T02:32:39","slug":"interview-with-hiep-the-host-that-accept-bitcoin-in-vietnam","status":"publish","type":"post","link":"https:\/\/bitcoinvn.io\/insights\/interview-with-hiep-the-host-that-accept-bitcoin-in-vietnam\/","title":{"rendered":"Interview with Hiep \u2013 the host that accepts Bitcoin in Vietnam"},"content":{"rendered":"

Bitcoin Vietnam had a short interview with Hiep \u2013 the owner of\u00a0an elegant apartment right in the heart of Ho Chi Minh city \u2013 Vietnam<\/a>. She has just accepted Bitcoin as a payment method for her\u00a0service.<\/p>\n

Q1: Hello Hiep! You are \u2013 at least from what we are aware of \u2013 the first person in Saigon \/ Vietnam to accept Bitcoin as payment for the short-team rental of\u00a0your apartment<\/a>. Obviously one of the first questions: How did you stumble upon Bitcoin \u2013 and why did you decide to accept it as a form of payment for your offerings?<\/strong><\/p>\n

I know about Bitcoin through one of my friends, who has a great passion about it. He spent the whole night talking about this new currency. At that time, I did not understand all these things but through the way he talked about Bitcoin, he motivated me to explore about it on the Internet.<\/p>\n

Accepting Bitcoin as a payment method is a completely new experience to me. Money is made for payment and exchanging, however, you can see that there is almost nowhere in Saigon that accept Bitcoin. Thus, Bitcoin has a liquidity risk here. But accepting Bitcoin as a payment method will help me to accummulate wealth in the long run and hopefully its value will get increased in the future.<\/p>\n

Q2: In the US \/ Europe there are regularly \u2018criticisms\u2019 coming up, that Bitcoin would be dominated by \u201cwhite males\u201d and this would be some kind of fault of Bitcoin. While these observations may hold true for the Western hemisphere, we see quite a different environment here in Vietnam, where (for obvious reasons) \u201cwhite males\u201d are the absolute minority of our customer base \/ participants at our monthly\u00a0\u201cBitcoin Saigon\u201d meetups<\/a>\u00a0\u2013 but also that a relatively high amount of our customer base (around 20%) \/ meetup participants (30 \u2013 40%) are indeed females.\u00a0Bitcoin Vietnam \u2013 Vietnams first Bitcoin exchange<\/a>\u00a0\u2013 is chaired by Ms. Nguyen Tran Bao Phuong; Bitcoin Saigon \u2013 the first public Bitcoin Meetup group is co-founded and -organized by\u00a0Diana Ngo<\/a>\u00a0\u2013 who is also a writer for Cointelegraph \u2013 while you as the first person to accept Bitcoin for your offerings here in town are female as well. How do you explain, that obviously women in Vietnam have in average a higher interest in business \/ investing than their counterparts in the West?<\/strong><\/p>\n

This is a very interesting question. If there is a \u201cWomen and Bitcoin\u201d club, I would surely contribute. In my opinion, in Vietnam, Bitcoin is known by women mostly through social networks. Women and men have different approaches to learn and invest into Bitcoin. About Bitcoin, I don\u2019t really know much about it. Accepting Bitcoin is one way of learning about it, and information security is an issue that I\u2019m very interested. I think it\u2019s a good time to invest into Bitcoin and my friend is also very optimistic about its price in the coming years.<\/p>\n

Q3: Even if you are quite fresh in the world of \u201cBitcoin\u201d \u2013 where do you see its benefits for the Vietnamese people \/ business \u2013 and why would Vietnamese people be interested in using Bitcoin as a payment mechanism and \/ or investment? Which kind of people \/ business in Vietnam you see opening up to Bitcoin next and what would be a good way forward to increase the adoption of Bitcoin among Vietnamese users \/ business?<\/strong><\/p>\n

My Bitcoin knowledge is still limited so accepting Bitcoin is how I learn more about it. The world\u2019s trend is to have an unbounded currency that is not solely controlled by any government and freely to send anywhere with ease. Wallet security is the biggest obstacle for the normal users. Using Bitcoin in payment is a new trend in developed countries. We should accept new good things, before it become a vital part in life. Currently, people use Bitcoin more as a tool to make payments than providing services for Bitcoin themselves.<\/p>\n

Q4: You also started a few months back to use the AirBnB platform to advertise your offerings and seem so far to be quite excited about this new way of arranging deals in a P2P environment thanks to the Digital Revolution which is happening in our time and age. TechTargets Tom Goodwin made recently the pretty precise observation: \u201cUber, the world\u2019s largest taxi company, owns no vehicles. Facebook, the world\u2019s most popular media owner, creates no content. Alibaba, the most valuable retailer, has no inventory. And Airbnb, the world\u2019s largest accommodation provider, owns no real estate.\u00a0Something interesting is happening.<\/a>\u201d We have in Vietnam an interesting startup like\u00a0triip.me<\/a>, which is basically offering an AirBnB-like service to connect travellers with local tour guides. All business models, which make use of modern technology in order to disrupt the less-efficient and resource-hungry legacy ways of doing business in their specific areas \u2013 reinventing transportation, communication, shopping & traveling. And most of these services have faced heavy criticism by the \u201cold players\u201d in their correspondent business areas, since they seriously challenged the established players in their markets. Nevertheless customers as well as service providers seem to see clear advantages in making use of these technologies, so the old rule \u201cIn the end innovation always wins\u201d seems to be true here as well.<\/strong><\/p>\n

How has been your experience so far with AirBnB \u2013 and why do you think its advantegeous to service providers as well as customers\/clients?<\/strong><\/p>\n

AirBnb is a technology product that connects people \u2013 it is its simplicity and usability which makes us satisfied. The room-sharing service has become more well-known recently and the number of users is growing significantly. Both number of providers and consumers are increased, which makes the accommodation market much more active. For now I share my only apartment exclusively on AirBnb. I don\u2019t choose any other service because AirBnb brought me a super powerful and convenient tool. In my opinion, AirBnb\u2019s strongest point is that they understand what users need.<\/p>\n

Most of my customers come from AirBnb, but currently it doesn\u2019t accept Bitcoin, so it\u2019s difficult to persuade my friends to accept Bitcoin since they need an escrow service like AirBnb to manage customer\u2019s information and to verify them. To me, this is a very important feature that AirBnb is doing quite well.<\/p>\n

Q5: What are your plans for the future? Do you plan to expand your offerings? And would you recommend other friends & business partners to take a deeper a look a Bitcoin and possibly accept it as payment and\/or investment as well?<\/strong><\/p>\n

I\u2019ve just started on a job that I love so I will be careful in my ability to provide the service. I will move slowly to be able to manage good sales. Product development is not my main focus at this time. To make a difference in my service, I will accept Bitcoin to extend my customer base. Because it\u2019s rare to find Bitcoin accepted business here, it\u2019s my marketing strategy for my service currently.<\/p>\n

I\u2019m always willing to share my experience about AirBnb. However, to have a serious and careful view about Bitcoin, I think I would need more time and want to see more places that accept Bitcoin.<\/p>\n

End: Thank you for your time and good luck with your future business endeavours!<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Bitcoin Vietnam had a short interview with Hiep \u2013 the owner of\u00a0an elegant apartment right in the heart of Ho Chi Minh city \u2013 Vietnam. She has just accepted Bitcoin as a payment method for her\u00a0service. Q1: Hello Hiep! You are \u2013 at least from what we are aware of \u2013 the first person in […]<\/p>\n","protected":false},"author":12,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9194],"tags":[],"class_list":["post-9031","post","type-post","status-publish","format-standard","hentry","category-bai-seo"],"yoast_head":"\nInterview with Hiep \u2013 the host that accepts Bitcoin in Vietnam - BV Insights<\/title>\n<meta name=\"description\" content=\"Gain insights into the Bitcoin adoption in Vietnam: BitcoinVN News's interview with Hiep, who accepts Bitcoin as payment for apartment rentals\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bitcoinvn.io\/insights\/interview-with-hiep-the-host-that-accept-bitcoin-in-vietnam\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Interview with Hiep \u2013 the host that accepts Bitcoin in Vietnam - 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