Would You Rent A Car With Bitcoin? - page 3.

garyrowe

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Quote from: ArIMy11 on March 04, 2020, 07:56:44 AM

Quote from: SoloTraveler777 on March 04, 2020, 07:04:41 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?

I think it is not refundable when you rent a car with bitcoin. Right after I read this topic, I make a research and found this out https://www.e-zrentacar.com/blog/paying-for-your-car-rental-with-bitcoin/ .Yes I get the point of not bringing large amount of money on your pocket but I am still wondering what would I feel if bitcoin price rises. Of course I'll first regret because if I used fiat instead of crypto in that car rental, I already gain profit in my bitcoin.

If we are to consider Bitcoin as money, using it to pay for services shouldn't be hampered by possible value of the coin tomorrow. Another important thing to note is that when you pay for such rentals using Bitcoin there are no hidden charges or unnecessary debits from your bank as it is the case with paying through credit cards. In my own opinion, paying for rentals services with Bitcoin is an advantage to clients rather than the company.

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Quote from: Twentyonepaylots on March 09, 2020, 04:05:19 PM

Quote from: TheNewAnon135246 on March 09, 2020, 01:35:00 PM

Quote from: SoloTraveler777 on March 04, 2020, 07:04:41 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?

Do you mean renting while on a holiday or actually leasing a car for months/years?

Maybe he mean for a day or for a week. I tried renting a car for family vacation but they only offer a maximum of 5 days, guess it depends on the company policy, I haven't try renting a car for a month. I think the crypto payment would not be that effective, why? simply because it is volatile, the payment for crypto will be just seasonal and that is when the market turns green and people already gained from it. So if you are looking for a travel industry feature, the best is the cheap price.

Undoubtedly, I also believe that the larger the range of services for cryptocurrency users using bitcoin, the faster the popularity of cryptocurrency and the number of its users will grow. But if we consider the current situation in the cryptocurrency market, then for me personally, the service for using Bitcoin as a means of payment is not very important, because in my opinion bitcoin has not yet reached the value that I could give it for some services or some things. Of course, the infrastructure for using Bitcoin should be developed in any case, but at the moment I consider Bitcoin not as a means of payment, but as a profitable long-term investment.

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Quote from: TheNewAnon135246 on March 09, 2020, 01:35:00 PM

Quote from: SoloTraveler777 on March 04, 2020, 07:04:41 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?

Do you mean renting while on a holiday or actually leasing a car for months/years?

Maybe he mean for a day or for a week. I tried renting a car for family vacation but they only offer a maximum of 5 days, guess it depends on the company policy, I haven't try renting a car for a month. I think the crypto payment would not be that effective, why? simply because it is volatile, the payment for crypto will be just seasonal and that is when the market turns green and people already gained from it. So if you are looking for a travel industry feature, the best is the cheap price.

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Quote from: SoloTraveler777 on March 04, 2020, 07:04:41 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?

Do you mean renting while on a holiday or actually leasing a car for months/years?

ballerin and giroud

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If there is such an offer, and if it still carried some bonuses for me when paying with cryptocurrency, I would seriously consider this option. But most likely, I would use the good old cash or a plastic card, it is more convenient for me with them.

How you differentiate between payment system using money fiat and cryptocurrency because it will be same. If the rentcar owner ask you to pay $20 to rent his car for one day then you will also pay $20 in form of bitcoin for one day. So, is there any differentiate? There are several countries which have stated that bitcoin is money, it means there is no different between money fiat and bitcoin.

Eugenar

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If there would be a company that will let us to rent a car using bitcoin then I will go for it there are a lot of advantage of using bitcoin in different aspect, and the use of bitcoin is much safer and faster than a fiat currency, but I think there will be no company that will let us to use bitcoin to rent a car because of its volatility, which makes their business fall if the market goes down, I don't think that they will let that thing happens.

Fiat currency is much prepared than cryptocurrency because it has a fixed price, so meaning to say there is a fix price of how much money you need in order to rent the car, which makes the company earn and make the inventory system well.

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I strongly support any travel company that accepts cryptocurrency payments. Because for me who has several coins crypto really expects
many merchants to accept payments with cryptocurrency. Because in my opinion cryptocurrency very effective if used as payment. Suppose
I want a vacation abroad, so I don't have to bring fiat currency. Only by using a smartphone can I do financial transactions to pay for travel
agencies with cryptocurrency.

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Quote from: Moshaid on March 08, 2020, 05:03:57 PM

Definitely I would rent a car with bitcoin, considering the platfrom is a reputable one with good customer support for its users as well a physical company where one can easily connect with the team in a certain country. Barriers like this is what bitcoin was created to solve so people would be able to control their cash at any point in time. Although I haven't tried out renting a car before but if eventually I end up needing one for a quick purpose, definitely I would check out for platform like this.

Good customer support is going to be difficult, not saying it's impossible but if you think about it, companies that launch thinking about accepting crypto instead of regular payments don't usually have the customers best interests in mind, rather could be taken as a matter of "it's easier" instead, and what's easier in the support area is to not offer support or not offer a complete support experience. Maybe they'll enable a suggestion box for you to submit your complaint to and not much else.

On the other hand, a company that launches and has regular means to get paid, but also decides to include crypto might have a better chance to have good support. But that's just my opinion.

Baoo

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Acutally, I think it is not possible to rent a car with Bitcoin payment or crypto in general. Furthermore, it is not going to be allowed in the near future I would guess due to a lot of governments are still rejecting the era of crypto. Possibly everything will change positively in a long term maybe after few years. For me, I would like to use Bitcoin and even other crypto especially when I don't have cash .

Moshaid

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Definitely I would rent a car with bitcoin, considering the platfrom is a reputable one with good customer support for its users as well a physical company where one can easily connect with the team in a certain country. Barriers like this is what bitcoin was created to solve so people would be able to control their cash at any point in time. Although I haven't tried out renting a car before but if eventually I end up needing one for a quick purpose, definitely I would check out for platform like this.

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Travel agencies should always have different types of payment methods and Bitcoin should really be one of them. As Bitcoin can be considered as an International money, all I need to do to pay the agency is to take my phone out of my pocket rather than using paper money. which I might need afterwards as I’m travelling another country.

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Quote from: SoloTraveler777 on March 04, 2020, 07:04:41 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?

This would be useful for me. I would love to rent a car in oversea nations with cryptos as a mean of payment. This would also be great for travelers who have to travel various nations for business relations. I would also love if any such projects is launched in my own country as well as each time is might not be possible for me to travel in my own car to various places located.

Moreover, I would love to drive new and advanced cars which would be listed on any such platform. I would personally rent a Car with bitcoin, so this would be my answer to your subject. Bitcoins should be used in such major cases which would increase the use case and it might also indirectly affect in the price growth.

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Quote from: SoloTraveler777 on March 04, 2020, 07:04:41 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?

Absolutely yes this will be an effective feature of a company or car industry because the clients or customers will be able to have in choices on what day want to pick in terms of mode of payment because as we all know there are some companies that are willing to purchase or rent a car that the payment will be on cryptocurrency mode so if that's the case then it will be an effective feature there's an additional payment selection on the side of the clients or customers.

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Quote from: SoloTraveler777 on March 04, 2020, 07:04:41 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?

If you live in the country that accepting crypto, then that would be an effective way to introduce crypto to the public in your country because they will curious and will ask you what is crypto. While you explain to them about crypto, you can also suggest them to use crypto to try your service, and I think that will give another experience to them to pay using crypto. Maybe you will attract more people to come to your office and rent your cars using crypto too so that you can help crypto grows in your country.

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Quote from: ArIMy11 on March 04, 2020, 07:56:44 AM

I think it is not refundable when you rent a car with bitcoin. Right after I read this topic, I make a research and found this out https://www.e-zrentacar.com/blog/paying-for-your-car-rental-with-bitcoin/ .Yes I get the point of not bringing large amount of money on your pocket but I am still wondering what would I feel if bitcoin price rises. Of course I'll first regret because if I used fiat instead of crypto in that car rental, I already gain profit in my bitcoin.

People have different opinions regarding the issue of the price because when you think like that, you can not really use bitcoin as a means of payment. the moment you are about to pay some bills, you're thinking about its price in the next hours or days. Well, it's not gonna work that way though. the idea behind bitcoin is to become the means of payment in the world whatever industries you have out there. the moment you gonna pay with it, don't think of its price in the next day because tomorrow is another thing than today. it's always not the same when you paid with it there are two possible scenarios, the price will gonna rise or it will fall at some point.

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Quote from: LogitechMouse on March 07, 2020, 12:30:06 AM

I'd love to see some companies that accepts Bitcoin or other crypto when it comes to renting a car but I don't think that Bitcoin holders are likely to use their Bitcoin to rent a car.

Although there are some who agree, there will be some who are against this kind of idea for some reasons. For me, I would love too use Bitcoin for renting a car but at this moment I don't have any interest in cars so renting a car right now is not in my mind.

Today there are a lot of transaction uses with the cryptocurrency and it is now widely spreading and get a lot of market profit by the help of the crypto, some of the people today use this to make more earnings and some of them use for their businesses and one of the good adaptation of the use of cryptocurrency is the acceptance from the different countries like the china and south Korea that huge country now support the use of bitcoin to use as a transaction money. Still, there are some countries does not accept the use of it because they are still doubting about the effects and the security of the transaction of funds, we can now bought foods, other kinds of stuff and pay for bills with the use of bitcoin but the market price of it is not fixed as we know and it is risky to use because it is volatile and decentralized too.

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I'd love to see some companies that accepts Bitcoin or other crypto when it comes to renting a car but I don't think that Bitcoin holders are likely to use their Bitcoin to rent a car.

Although there are some who agree, there will be some who are against this kind of idea for some reasons. For me, I would love too use Bitcoin for renting a car but at this moment I don't have any interest in cars so renting a car right now is not in my mind.

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I'd prefer to actually wait until I can buy a car without renting them. I mean, do you know that it costs you more if you rent a car? I would rather wait instead of paying more just because I want to own it. It againsts my religion to actually rent something that cost you more.

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Quote from: samcrypto on March 06, 2020, 05:04:31 PM

If there’s a good option like this then why not, beside this is the purpose of bitcoin and we should not just hold bitcoin, sometimes its better to use it and enjoy it. I do rent a car for some business rides before so I think I will use this feature one day if its already available in my place.

For me it's always a better idea to spend fiat and hold Bitcoin but I also see the point in spending bitcoin to increase adoption. Spending Bitcoin to raise awareness is a bit like charity work.

Allowing people to rent cars for bitcoin is a great choice because it allows people who want to travel with bitcoin to have more freedom. It also has some cons because you have to leave a deposit and this usually gets returned to you when you bring the car back undamaged so this forces the rental company to have 2 transactions for each client. Waiting for 2 transactions to confirm for each client could be a pain without lightning payments.

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Quote from: metenjean on March 05, 2020, 09:56:39 PM

Not good choose for rent a car with bitcoin because bitcoin price always have potential to higher, maybe you can ask for your car company available for rent car with payment using altcoin like doge or ethereum, its more benefit because both altcoin some time going down.

Technically this argument would hold if you're purchasing basically anything, yet, it's because we can exchange it back and forth for goods what give it part of its value. With that said, I also wouldn't, and it might be a ill reason but hey, a year ago I bought a plane ticket with bitcoin, everything was fine up until I realized they fucked up and gave me a wrong date (I had proof of when I made the payment, the date shown was the correct one while on my ticket it was a full day later), had to call in and getting support from a not so popular agency is no fun and no bueno. After a few hours I managed to get it sorted out and got the correct tickets at no extra cost. Just saying, keep in mind that these new companies might not have the same support infrastructure you might be used to.

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