BTC for taxi - page 16. | Bitcointalksearch.org

Pursuer

legendary

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Quote from: Red Fish on October 05, 2017, 09:23:59 AM

Taxi driver will not wait for BTC confirmation, it can take up to one hour and more. Plus Taxi car must be equiped with fast instant Internet, which costs some money and is not available everywhere. Plus in some countries Internet in the cars is not available due to low quality Internet, like in Africa, India, Pakistan etc. So Internet in Taxi is Bitcoin future.

you don't have to wait for confirmation. analyzing the transaction for the risk of double spend is not a hard thing which the wallets can do easily and also there is no need to wait for confirmation on such small amounts such as a taxi fair.
and internet is available in more places than you may think.

but none of these are the reason why using bitcoin for taxi is a bad thing though.

Red Fish

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Taxi driver will not wait for BTC confirmation, it can take up to one hour and more. Plus Taxi car must be equiped with fast instant Internet, which costs some money and is not available everywhere. Plus in some countries Internet in the cars is not available due to low quality Internet, like in Africa, India, Pakistan etc. So Internet in Taxi is Bitcoin future.

Remainder

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Quote from: DoublerHunter on October 05, 2017, 08:30:52 AM

Quote from: ryanben on October 05, 2017, 05:16:53 AM

If taxi service in every country in the world accept btc payment, it is a convenience to the shipping industry. But besides, it also has to comply with the laws that each country issues to the BTC, which may then oblige businesses to pay taxes to the government but that is a good thing because the government in that country may have accepted BTC as legal

It is more convenient to use bitcoin for the taxi drivers but for the people who will use bitcoin will surely have some issues and they will still prefer the fiat money in paying the services in taxi because fiat is still a faster process of paying since you just need to take it off from your wallet and pay it directly to the driver while bitcoin needs to open your wallet, scan the barcode then send the bitcoin with fee. So you can observe clearly that it will consume time and money for a bitcoin user to just complete a transaction.

Yes you right it is an convenience for us passenger but it is inconvenience for the taxi operator. Grin

I think there is an ICO project design for this the CarTaxi ICO for this kind of transactions.

DoublerHunter

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Quote from: ryanben on October 05, 2017, 05:16:53 AM

If taxi service in every country in the world accept btc payment, it is a convenience to the shipping industry. But besides, it also has to comply with the laws that each country issues to the BTC, which may then oblige businesses to pay taxes to the government but that is a good thing because the government in that country may have accepted BTC as legal

It is more convenient to use bitcoin for the taxi drivers but for the people who will use bitcoin will surely have some issues and they will still prefer the fiat money in paying the services in taxi because fiat is still a faster process of paying since you just need to take it off from your wallet and pay it directly to the driver while bitcoin needs to open your wallet, scan the barcode then send the bitcoin with fee. So you can observe clearly that it will consume time and money for a bitcoin user to just complete a transaction.

ryanben

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If taxi service in every country in the world accept btc payment, it is a convenience to the shipping industry. But besides, it also has to comply with the laws that each country issues to the BTC, which may then oblige businesses to pay taxes to the government but that is a good thing because the government in that country may have accepted BTC as legal

mbelosto

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Quote from: Gotottack on September 12, 2017, 02:06:02 PM

Quote from: xSkyer on September 12, 2017, 01:00:23 PM

https://bitcointalksearch.org/topic/bitcoin-for-taxi-2116526

Same topic, why you can't use search function?

//Topic: I think that paying in bitcoin for TAXI is a waste. Same goes for restaurant and some other amenities. I prefer to hold instead of spending.

Holding bitcoins completely defeats the purpose why it was made. Bitcoins were made to circulate and be used to pay for stuff. If we just continually hold it, that would mean it is not being used as an alternative to fiat currency. We're just like trading it like stocks and waiting for it to grow in price. Basically, we just made a global stock market where there is no company but merely digital gold.

as soon as the volatility of BTC will decrease the normal use will develop, before that make and accept payments in BTC create too mach risks related to the short term value. taxi driver should be able to purchase gas next day, if the price of gas in USD and rate of BTC will fall, he will loose money. whole ecosystem should develop and the rate should stabilize first.

Mawnis

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Quote from: Samueltalk on October 05, 2017, 03:01:49 AM

The idea is so good for the future of bitcoin that can be used in shopping in stores and taxi payments.

This would be very good idea, because now you can spend your bitcoin without converting to your currency in your country. If this is real more people will join using Bitcoin.

This would make Bitcoin more popular and the price will go up. So we can have a profit.

TheUltraElite

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So anyway, I applied as a merit source :)

Quote from: Ibrahim60 on September 12, 2017, 12:35:32 PM

I like taxi. I think this is a good idea. I hope in my city also accept bitcoin. because everyday I use taxi.

How do you think taxi drivers and owning companies would accept bitcoin in future? Do they know that much about the technology that they believe it would help? If they do then it will be a breakthrough in the industry and then major companies may start to use it too to stay in competition. However there is Uber in our country as well but here to use of bitcoin is only among few people who mainly trade it rather than use it a currency. So locally I dont think it will make much of an impact. But globally it can be a new step towards to acceptance of bitcoin.

LydiaBob

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Quote from: Catmony on October 05, 2017, 04:12:58 AM

Quote from: Ibrahim60 on September 12, 2017, 12:35:32 PM

I like taxi. I think this is a good idea. I hope in my city also accept bitcoin. because everyday I use taxi.

I have heard about an uber driver who is willing to accept donation and tips in bitcoin
http://bitcoinist.com/uber-drivers-get-creative-accept-bitcoin-donations/

Uber might add support for bitcoin in near future too.

I have heard that too! Also, UBER's new CEO is a big bitcoin fun so we will see it at UBER first i think

Catmony

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Quote from: Ibrahim60 on September 12, 2017, 12:35:32 PM

I like taxi. I think this is a good idea. I hope in my city also accept bitcoin. because everyday I use taxi.

I have heard about an uber driver who is willing to accept donation and tips in bitcoin
http://bitcoinist.com/uber-drivers-get-creative-accept-bitcoin-donations/

Uber might add support for bitcoin in near future too.

YuginKadoya

legendary

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Quote from: CryptoScorpio on October 05, 2017, 04:02:48 AM

Nice thought.It will reflect if they implement.I hope one day uber and ola will use bitcoin for payments.That would be easy anywhere and anytime, if we run of cash. Actually there is a project called CARTAXI which is a uber of blockchain.Now ICO is running, you can invest in it.As you said you love taxi that accepts bitcoin as payment, this cartaxi is having their service in three different cities initially.

What if his Country is not included in that Cartaxi? Well there is no need to rush things I think in the future we can surely see that even taxi's, Buses, Trains and even Car services would surely accept bitcoin you just need to look at japan that surely innovates their country by using the system of bitcoin I think if the country would legalized bitcoin then I think this is possible we just need to be patient in waiting for that to happen.

CryptoScorpio

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Nice thought.It will reflect if they implement.I hope one day uber and ola will use bitcoin for payments.That would be easy anywhere and anytime, if we run of cash. Actually there is a project called CARTAXI which is a uber of blockchain.Now ICO is running, you can invest in it.As you said you love taxi that accepts bitcoin as payment, this cartaxi is having their service in three different cities initially.

Samueltalk

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The idea is so good for the future of bitcoin that can be used in shopping in stores and taxi payments.

newlone

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There are a lot of ideas on how to accept payment by BTC but that is not feasibility, but everything can happen in the future and I hope that happens.

Flomo

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I have never found ICO about taxi, it would be a very interesting idea, by making payment using bitcoin or special altcoin will add progress to cryptocurrency, hopefully all be realized.

Ilegendph

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Quote from: Bolt Brownie on October 04, 2017, 06:41:10 AM

Quote from: Ibrahim60 on September 12, 2017, 12:35:32 PM

I like taxi. I think this is a good idea. I hope in my city also accept bitcoin. because everyday I use taxi.

I heard uber was considering the use of bitcoin, but I'm not sure. I don't really think it will work in a near future though because the fees are still to high, so paying a taxi, that normally is already expensive, will become even more expensive because you will be paying fees for the transaction. It would be much better for users to just pay with fiat.

For me, Bitcoin is not the cryptocurrency that will solve this problem. Because as of now, bitcoin is used as investment or something like stocks and its too volatile to use as daily transaction. I suggest another altcoin or token, the advantages are to promote their business and win customer's loyalty by giving them incentives who use tokens. It is proven in some services and I believe, it will be effective in transportation section.

Bolt Brownie

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Quote from: Ibrahim60 on September 12, 2017, 12:35:32 PM

I like taxi. I think this is a good idea. I hope in my city also accept bitcoin. because everyday I use taxi.

I heard uber was considering the use of bitcoin, but I'm not sure. I don't really think it will work in a near future though because the fees are still to high, so paying a taxi, that normally is already expensive, will become even more expensive because you will be paying fees for the transaction. It would be much better for users to just pay with fiat.

DoublerHunter

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If we are going to pay small expenses in taxi using bitcoin then just think for the fees that you are going to pay using bitcoin so i don't think that it is a great way to pay things up because if you will pay only a small amount of money using bitcoin then the fees will double all the amount that you will be paying so it is not practical for a conservative bitcoin user.

momopi

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Quote from: Ibrahim60 on September 12, 2017, 12:35:32 PM

I like taxi. I think this is a good idea. I hope in my city also accept bitcoin. because everyday I use taxi.

I was thinking about CarTaxi ICO project, but nah, it's for car towing service. Anyway, I think this is impossible, atleast for now. We all know that BTC has a high charge for very transaction and not good for small and cheap payments. And also another problem that will arise both party is the delay and time that will take to credit the bitcoin to your account. Unlike credit card (if we are talking and comparing about digital) it will be real time.There are lot of things to fix, upgrade and consider before small payments will make possible thru BTC payment

Blamsud

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Quote from: princesocapuyo on October 03, 2017, 09:18:44 PM

I think Bitcoin for taxis is a great idea. The thing is not that many people are willing to spend their bitcoins right now so it'll be hard to get some. Maybe if they give discounted prices.

It will be a good move but people will not still use it as their primary payment method since btcnis much good on saving that spending and there are many to consider once it is implemented like the delays in transactions and additional fees.

Topic: BTC for taxi - page 16. (Read 3274 times)