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Topic: Would You Rent A Car With Bitcoin? (Read 1222 times)

legendary
Activity: 2912
Merit: 1068
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April 08, 2020, 02:27:07 PM
Actually, why not? Using Bitcoin for rent a car or for payment of any other goods or services what difference does it make? I often use Bitcoin as a payment method but of course everything depends on merchants conditions. Bitcoin should be used a currency in the real life that is my opinion and I try to do that in practice. That is also one of the ways how to spread awareness of Bitcoin and cryptocurrencies.
newbie
Activity: 1
Merit: 0
April 08, 2020, 02:11:00 PM
Agree on you becaues renting on a crypto currency makes you simple to exchange goods and money and services in elctronic currency.
hero member
Activity: 742
Merit: 507
April 07, 2020, 06:07:24 PM
I do not have rights for the car, and indeed for any means that require them. But if I had such an opportunity, I would consider it, but at the same time, when paying with cryptocurrencies, I would use it only on condition that I would be entitled to a discount or some bonuses. Cash would be easier for me.
Cash would be a lot easier, indeed. Paying with cryptocurrencies still bother me, it makes me think that I would regret it in a sense that it may go higher than the price I spend it. I can't help to think that way since cryptocurrencies are volatile especially bitcoin but I would be very glad if I found a car rental shop that's accepting bitcoin as payment, it means that the bitcoin is being recognized by the merchants however it might not that be a trend since people are storing bitcoins as an investment and acts a emergency button.
For me personally, the main problem here is even the don't expectation that Bitcoin will grow and I will spend more in the future than I could, namely, that I will have to spend much more time to pay with cryptocurrencies than with cash,and I will also spend more from for commission.
full member
Activity: 573
Merit: 102
April 07, 2020, 05:53:22 PM
Cash would be a lot easier, indeed. Paying with cryptocurrencies still bother me, it makes me think that I would regret it in a sense that it may go higher than the price I spend it. I can't help to think that way since cryptocurrencies are volatile especially bitcoin but I would be very glad if I found a car rental shop that's accepting bitcoin as payment, it means that the bitcoin is being recognized by the merchants however it might not that be a trend since people are storing bitcoins as an investment and acts a emergency button.

No doubt, using cash and FIATS will be lots easier when performing such basic transactions but i can't help but commemd the various effort of those involved in creating suitable plugins and API's that will enable merchants incorporate bitcoin as a payment option. It's part of a way of creating real life value for bitcoin and I'd say it's an amazing moves towards pushing the use of bitcoin to mass adoption. Afterall,  such functions are why the whole the whole cryptocurrency was created; a digitized financial institution
full member
Activity: 1028
Merit: 144
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April 07, 2020, 07:40:34 AM
Not for me at least. When I rent abroad I'm paying through the local portal at home so there's no exchange rate hassle. Also in many a place you can't have a car without them taking a large deposit on a credit card so they can steal it off you later. Not sure how many rental places would want to give that up.
Totally agree ! The rental companies always try to get something extra out of you - fuel , insurance, non existent damage . With crypto they will have to chase you and not just take the money automatically.

For me it is not essential to rent a car with bitcoin because in renting a car with bitcoin there is a possibility that your money will be scammed. There are companies that are offering renting a car with bitcoin but there are also not legit companies that is why we need to be careful in making decisions when it comea to bitcoin because our money may come into vain. There are establishments that are already accepting bitcoin as their mode of payment such as starbucks and other storea for good we can use our bitcoin in it insetad. We must use our bitcoin carefully so that we will not be scammed.
sr. member
Activity: 1932
Merit: 370
April 07, 2020, 06:41:10 AM
I do not have rights for the car, and indeed for any means that require them. But if I had such an opportunity, I would consider it, but at the same time, when paying with cryptocurrencies, I would use it only on condition that I would be entitled to a discount or some bonuses. Cash would be easier for me.
Cash would be a lot easier, indeed. Paying with cryptocurrencies still bother me, it makes me think that I would regret it in a sense that it may go higher than the price I spend it. I can't help to think that way since cryptocurrencies are volatile especially bitcoin but I would be very glad if I found a car rental shop that's accepting bitcoin as payment, it means that the bitcoin is being recognized by the merchants however it might not that be a trend since people are storing bitcoins as an investment and acts a emergency button.
hero member
Activity: 742
Merit: 507
April 07, 2020, 06:19:24 AM
I do not have rights for the car, and indeed for any means that require them. But if I had such an opportunity, I would consider it, but at the same time, when paying with cryptocurrencies, I would use it only on condition that I would be entitled to a discount or some bonuses. Cash would be easier for me.
newbie
Activity: 74
Merit: 0
April 07, 2020, 03:44:45 AM
I don't use cryptocurrencies in my daily life, so it's unlikely.
hero member
Activity: 2968
Merit: 640
April 07, 2020, 12:36:35 AM
Hi guys, I'm working in the travel industry and recently found some global online travel agencies such as EasyRentCars start getting into crypto payments. I wonder how many crypto owners would be more interesting to purchase the service if the company accepts cryptocurrency? Would that be an effective feature?
Any business that wants to be successful shouldn’t just be accepting cryptocurrency as a payment method, because there might be people who may want to make use of their services but due to they don’t make use of cryptocurrency they will not make use of the company.

But, if the car renting company is accepting several payment methods and also accepting Bitcoin and then letting their customers to know that they are accepting Bitcoin, as time goes on some of the customers might be interested in trying out Bitcoin. So don’t just accept on Bitcoin, accept other payment methods as well, and the most important thing is the kind of services you’re offering, if it’s excellent, then you will get lots of customers.
full member
Activity: 658
Merit: 126
April 06, 2020, 07:36:19 AM
It depends, I would if it is cheaper during the time of payment. I think that's the exact answer. People nowadays are smart when it comes to money. We are all walking calculators. When I encounter shops who accepts bitcoin, I will automatically think if its better with fiat or bitcoin. I will always choose what's cheaper. That's normal. For now, there is so much to think about when using bitcoin.

We have to support the start of bitcoin currency but we can't deny that we will always choose what's best for us. Well, I hope there will be the time where bitcoin will always be the right choice, not for now.
newbie
Activity: 1
Merit: 0
April 06, 2020, 05:36:45 AM
Hi guys, I'm working in the travel industry and recently found some global online travel agencies such as EasyRentCars start getting into crypto payments. I wonder how many crypto owners would be more interesting to purchase the service if the company accepts cryptocurrency? Would that be an effective feature?
hero member
Activity: 2268
Merit: 588
You own the pen
April 06, 2020, 05:26:48 AM
Hi guys, I'm working in the travel industry and recently found some global online travel agencies such as EasyRentCars start getting into crypto payments. I wonder how many crypto owners would be more interesting to purchase the service if the company accepts cryptocurrency? Would that be an effective feature?

Not right now for me, I prefer when renting a car, I used my MasterCard for easy transactions. Maybe if they developed some fast transactions program, I think about trying to use it sometimes. right now, I can have no delay in my travels and to go right away as soon the payment has been processed. If weren't for the pandemics, I may not stuck in the house and continue to travel to capture photos as usual.
member
Activity: 868
Merit: 16
April 06, 2020, 05:01:14 AM
#99
Hi guys, I'm working in the travel industry and recently found some global online travel agencies such as EasyRentCars start getting into crypto payments. I wonder how many crypto owners would be more interesting to purchase the service if the company accepts cryptocurrency? Would that be an effective feature?
It would be, especially for those crypto owner who live where the cryptocurrency is being accepted as payment system. I am happy if you really choose crypto such as bitcoin as payment methode, but you have to consider about your government regulation against the utilization of cryptocurrency.

It will be useless if you live where cryptocurrency is not accepted as payment system, there will no one who force themselves to spend their cryptos for payment system. They will be afraid of government regulation, this case has been happened to some services in my country. They tried to accept bitcoin as payment system whilst the government is forbid it so as goverment give a punishment against them.
newbie
Activity: 70
Merit: 0
April 06, 2020, 04:47:38 AM
#98
Not yet, but maybe in a few years.

I know projects like creditcoin (invested in by coinbase , ycomb) are working on building a decentralized credit score system which would make sense for car rentals but right now its too risky
jr. member
Activity: 194
Merit: 8
April 06, 2020, 03:20:13 AM
#97
Im ready to use bitocin as a payment method but i know only one merchant who accept crypto
full member
Activity: 742
Merit: 160
April 06, 2020, 02:58:02 AM
#96
Maybe yes but I think it depends to the price of the bitcoin, I would not rent a car if the bitcoin price is low then I would not if the price of the bitcoin is low. I think that is also what others think, of course they will choose the one that will lessen the cost.

But I think their would be no car owner that will let this happens, they would not accept the bitcoin as way of payment because their business will also fall if the market also falls so I think they would not take the risk with using bitcoin as way of payment.
member
Activity: 218
Merit: 10
April 06, 2020, 02:33:49 AM
#95
I def would.
Still not sure if it ever be possible worldwide
newbie
Activity: 67
Merit: 0
April 06, 2020, 02:30:41 AM
#94
Soon you will be able to pay for any service using bitcoin.
sr. member
Activity: 854
Merit: 267
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April 06, 2020, 12:32:41 AM
#93
I would rent a car but I think it is better if I just buy a car it is much better and more worth it. I am speaking my opinion so no harm intended, it's just that it is more practical to buy rather than rent.
member
Activity: 569
Merit: 88
Credibility: 999
April 03, 2020, 03:31:10 PM
#92
Considering the fact that people haven't really adopted bitcoin and the blockchain technology, it wouldn't bring out much positive result. But if you're into the business of creating awareness for bitcoin, then it could bring a lot of impressive results. And one thing is for sure..... Sometime in the future, it'll be very helpful for the business.
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